Terms of trade increased in February

The export unit value index increased 4.6 percent in February compared to the same month of the previous year. Compared to the same month of the previous year, the index increased 14.6 percent in food, beverages, and tobacco, and 4.2 percent in the manufacturing industry (excluding food, beverages, and tobacco), while it increased 0.8 percent in raw materials (excluding fuel) and 1.0 percent in fuels.

The export quantity index decreased 10.5 percent in February compared to the same month of the previous year. Compared with the same month of the previous year, the index decreased 18.5 percent in food, beverages and tobacco, 11.5 percent in raw materials (excluding fuels) and 11.5 percent in manufacturing (excluding food, beverages and tobacco), while in fuels it decreased 15.8 percent.

UNIT VALUE DECREASED IN IMPORTS

The unit value index of imports decreased 8.2 percent in February compared to the same month of the previous year. Compared with the same month of the previous year, the index decreased 0.2 percent in food, beverages and tobacco, 10.9 percent in raw materials (excluding fuel), 25.5 percent in fuels and 2.3 percent in cent in the manufacturing industry (without food). , drinks, tobacco). .

The import quantity index increased 20.0 percent in February compared to the same month of the previous year. Compared to the same month of the previous year, the index increased 30.0 percent in food, beverages, and tobacco, 16.6 percent in fuels, and 6.5 percent in the manufacturing industry (excluding food, beverages, and tobacco), while which increased 20.5 percent. percent in raw materials (excluding fuel).

QUANTITY INDEX DECREASES IN EXPORTS, INCREASES IN IMPORTS

According to the series corrected for seasonality and calendar; The export quantity index, which was 149.1 in January 2023, decreased by 11.3 percent and became 132.3 in February 2023. According to the corrected calendar series; The export quantity index, which was 140.9 in February 2022, decreased by 10.5% and became 126.1 in February 2023.

According to the series corrected for seasonality and calendar; The import quantity index, which was 134.0 in January 2023, decreased by 0.8 percent and became 132.9 in February 2023. According to the calendar corrected series; The import quantity index, which was 104.2 in February 2022, increased by 20.0 percent and became 125.0 in February 2023.

The terms of trade, which was calculated by dividing the unit value index of exports by the unit value index of imports and which was obtained at 74.5 in February 2022, increased 10.4 points to 84.9 in February of 2023.