The terms of trade decreased by 11.1 points in 2022
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In the fourth quarter of 2022, the terms of foreign trade decreased by 3.2 points compared to the same period of the previous year and became 77.9. In 2022, it decreased by 11.1 points compared to the previous year and became 74.8.
Turkish Statistical Institute (TUIK) announced Foreign Trade Indices for December 2022.
Accordingly, the terms of foreign trade, which was calculated by dividing the export unit value index by the import unit value index and which was 82.8 in December 2021, decreased by 1.3 points to 81.5 in December 2022.
In the fourth quarter of 2022, the terms of foreign trade decreased by 3.2 points compared to the same period of the previous year and became 77.9. In 2022, it decreased by 11.1 points compared to the previous year and became 74.8.
QUANTITY DECREASED, VALUE INCREASED
Export unit value index increased by 7 percent in December compared to the same month of the previous year.
Compared to the same month of the previous year, the index increased by 12.4 percent in food, beverages and tobacco, by 1.9 percent in raw materials (excluding fuel), by 27.5 percent in fuels and by 5.6 percent in the manufacturing industry (excluding food, beverages, tobacco). .
Export unit value index increased by 4.9 percent in the fourth quarter of 2022 compared to the fourth quarter of the previous year. The index increased by 7.9 percent in 2022 compared to the previous year.
Export quantity index decreased by 3.7 percent in December compared to the same month of the previous year.
Compared to the same month of the previous year, the index decreased by 3.6 percent in food, beverages and tobacco, and by 4.4 percent in the manufacturing industry (excluding food, beverages, tobacco), while 19.2 percent in raw materials (excluding fuel) and 10.5 percent in fuels. It increased.
The export quantity index decreased by 2.1 percent in the fourth quarter of 2022 compared to the fourth quarter of the previous year. The index increased by 4.8 percent in 2022 compared to the previous year.
24 PERCENT INCREASE IN IMPORT VALUE INDEX
The import unit value index increased by 8.6 percent in December compared to the same month of the previous year.
Compared to the same month of the previous year, the index increased by 0.3 percent in food, beverages and tobacco, by 33.6 percent in fuels and by 1.3 percent in the manufacturing industry (excluding food, beverages and tobacco), while it increased by 8.8 percent in raw materials (excluding fuel). decreased.
The import unit value index increased by 9.2 percent in the fourth quarter of 2022 compared to the fourth quarter of the previous year. The index increased by 23.9 percent in 2022 compared to the previous year.
IMPORT AMOUNT INDEX INCREASED 3.3 PERCENT
Import quantity index increased by 3.3 percent in December compared to the same month of the previous year.
Compared to the same month of the previous year, the index decreased by 3.2 percent in food, beverages and tobacco, by 32.9 percent in raw materials (excluding fuel) and by 14.6 percent in fuels, while it decreased by 6.1 percent in the manufacturing industry (excluding food, beverages, tobacco). It increased.
The import quantity index increased by 8.3 percent in the fourth quarter of 2022 compared to the fourth quarter of the previous year. The index increased by 8.2 percent in 2022 compared to the previous year.
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