Strong Increase in Export Prices
In December, the export unit value index increased by 13% compared to the same month of the previous year. When sub-items are examined:
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12.1% in food, beverages and tobacco,
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8% in raw materials (excluding fuels),
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14.6% in manufacturing (excluding food, beverages and tobacco) were recorded.
In the fuel group, however, an 8% decrease was observed.
The export volume index declined by 0.4% on an annual basis. While decreases of 1.7% in food, beverages and tobacco and 6.2% in fuels were seen, increases of 4.8% in raw materials and 0.5% in manufacturing were recorded.
Increase in Import Volume Stood Out
The import unit value index increased by 4.2% year-on-year in December.
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9.2% in food, beverages and tobacco,
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4.8% in manufacturing were recorded,
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while a 9.8% decrease was seen in fuels.
There was no change in raw materials.
The import volume index drew attention by increasing 6.3%. During this period:
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35.1% in food, beverages and tobacco,
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9.4% in raw materials,
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11.3% in manufacturing were recorded.
In the fuel group, a 1.2% decline was observed.
Increase in Exports in Adjusted Data
According to seasonally and calendar-adjusted data, the export volume index increased by 2.8% in December to 147.3, compared to 143.3 in November 2025.
In the calendar-adjusted series, however, the export volume index decreased by 4.3%, falling from 164.1 in December 2024 to 157 in December 2025.
On the import side, the seasonally and calendar-adjusted volume index increased by 1% from 130 in November to 131.3 in December. In the calendar-adjusted annual data, the index increased by 3% to 140.5.
The December data indicated an improvement in the terms of trade, as the increase in export prices was stronger compared to import prices, while on the volume side, imports increased at a faster pace.
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