TÜİK announced the foreign trade index data

The export quantity indices decreased by 10.5%

It was reported that the export quantity index decreased by 10.5% compared to the same period last year as of February. In the same month of the previous year, there was a decrease of 18.5% in food, beverage, and tobacco, 11.5% in raw materials excluding fuels, and 11.5% in manufacturing industry excluding food, beverage, and tobacco. However, there was an increase of 15.8% in fuels.

The import unit value index decreased by 8.2%

The import unit value index decreased by 8.2% in February compared to the same period of the previous year. Compared to February of the previous year, there was a decrease of 0.2% in food, beverage, and tobacco, 10.9% in raw materials excluding fuels, 25.5% in fuels, and 2.3% in manufacturing industry excluding food, tobacco, and beverage.

The import quantity index increased by 20%

The import quantity index increased by 20% compared to February 2022. Compared to the same period of the previous year, there was an increase of 30% in food, beverage, and tobacco, 16.6% in fuels, and 6.5% in manufacturing industry excluding food, tobacco, and beverage. However, there was a decrease of 20.5% in raw materials excluding fuels.

The seasonally and calendar adjusted export quantity index decreased by 11.3%

According to the seasonally and calendar adjusted export quantity index, the export quantity index, which was 149.1 in January 2023, decreased by 11.3% and became 132.3 in February 2023. According to the adjusted series for calendar effects, the export quantity index, which was 140.9 in February 2022, decreased by 10.5% and became 126.1 in February 2023.

The seasonally and calendar adjusted import quantity index decreased by 0.8%

According to the seasonally and calendar adjusted import quantity index, the import quantity index, which was 134 in January 2023, decreased by 0.8% and became 132.9 in February 2023. According to the seasonally and calendar adjusted series, the import quantity index, which was 104.2 in February 2022, increased by 20.0% and became 125 in February 2023.

The foreign trade indices were announced as 84.9%

The foreign trade margin, which is calculated by dividing the export unit value index by the import unit value index, and which was obtained as 74.5 in February 2022, increased by 10.4 points and reached 84.9 in February 2023.