Turkish overall export unit value index increased

Turkey's statistics authority, TurkStat, released the foreign trade indices for August 2013 on Monday

Turkish overall export unit value index increased

World Bulletin/News Desk

Turkey's overall export unit value increased by 0.5 percent while its import unit value was down 0.8 percent in August 2013 compared to the same month of 2012.

The Turkish Statistical Insititute released on Monday the foreign trade indices for August 2013.

Compared with the corresponding month of the preceding year, the overall export unit value index increased by 0.5%. Compared to August 2012, the export unit value indices for food, beverages and tobacco and manufactured goods (except food, beverages and tobacco) increased by 0.9% and 2.5% respectively, while the export unit value indices for crude materials (except fuels) and fuels decreased by 1.7%, 2.1% respectively.

From August 2012 to August 2013, the overall import unit value index decreased by 0.8%. While the import unit value indices for food, beverages and tobacco and manufactured goods (except food, beverages and tobacco) increased by 2.9% and 2.7% respectively, the import unit value indices for crude materials (except fuels) and fuels decreased by 5.4%, 4.3% respectively.

Overall export volume index decreased by 13.4

The overall export volume index compared to the corresponding month of the preceding year decreased by 13.4%. The export volume indices for food, beverages and tobacco, crude materials (except fuels) and fuels increased by 2.1%,19.7% and 3.5% respectively, while the overall export volume indices for manufactured goods (except food, beverages and tobacco) and commodities not classified elsewhere in SITC decreased by 0.5% and 89.9% respectively.

The uzzrul overall import volume index decreased by 2.6%. While the import volume indşvği for food, beverages and tobacco and manufactured goods (except food, beverages and tobacco) increased by 0.6% and 0.3% respectively, the import volume index for crude materials (except fuels) and fuels decreased by 6.9% and 10.5%, respectively

The calendar and seasonally adjusted export volume index, which was 121.3 in July 2013, decreased by 2.6% to 118.1 in August 2013. The calendar adjusted export volume index, which was 130.3 in August 2012, decreased by 9.9% to 117.4 in August 2013.

The calendar and seasonally adjusted import volume index, which was 126.5 in July 2013, decreased by 8% to 116.4 in August 2013. The calendar adjusted import volume index, which was 113.6 in August 2012, decreased by 0.2% to 113.4 in August 2013.

Terms of trade was 99.5 in August 2013

Terms of trade is calculated by dividing the export unit value index by the import unit value index, then multiplying the result by 100. While terms of trade was 98.2 in August 2012, it was 99.5 in August 2013.

Meanwhile, Turkey's overall export unit value increased by 2 percent while the import unit value was down by 1.4 percent in June 2013 compared to the same month of 2012.

Last Mod: 07 Ekim 2013, 13:03
Add Comment