Economy Reports

Turkey: Foreign Trade Indices, August 2013

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Down below are foreign trade figures for August 2013 announced by Turkish Statistics Institute;

The overall export unit value index increased by 0.5%

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

The overall import unit value index decreased by 0.8%

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

Foreign Trade Volume Indices (2010=100), August 2013

The 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%. Compared with August 2012, while the export volume index for food, beverages and tobacco, crude materials (except fuels), fuels increased by 2.1%,19.7%, 3.5%, respectively, the overall export volume index for manufactured goods (except food, beverages and tobacco), commodities not classified elsewhere in SITC decreased by 0.5%, 89.9%, respectively.

The overall import volume index decreased 2.6%

In August 2013, the overall import volume index compared to the corresponding month of the preceding year decreased by 2.6%. While the import volume index for food, beverages and tobacco, manufactured goods (except food, beverages and tobacco) increased by 0.6%, 0.3%, respectively, the import volume index for crude materials (except fuels), fuels decreased by 6.9%, 10.5%, respectively.

The calendar and seasonally adjusted export volume index decreased by 2.6%

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 decreased by 8%

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 import unit value index, then multiplying result by 100. While terms of trade was 98.2 in August 2012, it was 99.5 in August 2013.

08.10.2013
SOURCE: TURKSTAT
http://www.turkstat.gov.tr/PreHaberBultenleri.do?id=13602

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