Terms of trade rose in April

The export unit value index rose 1.1 percent in April from the same month a year earlier. Compared with the same month of the previous year, the index increased 7.5 percent in food, beverages and tobacco and 3.4 percent in manufacturing (excluding food, beverages, tobacco), while it increased 10.8 percent. percent in raw materials (excluding fuel) and 24.3 percent in fuels.

The export quantity index decreased 18.1 percent in April compared with the same month of the previous year. Compared with the same month of the previous year, the index decreased 13.5 percent in food, beverages and tobacco, 6.6 percent in raw materials (excluding fuel) and 21.2 percent in manufacturing (excluding food). , beverages and tobacco), while in fuels it decreased 0.8 percent.

According to the series corrected for seasonality and calendar; The export quantity index, which was 145.0 in March 2023, increased by 0.1 percent and became 145.1 in April 2023. According to the corrected calendar series; The export quantity index, which was 160.2 in April 2022, decreased by 9.2 percent and became 145.4 in April 2023.

DECREASED IMPORT UNIT VALUE INDEX

The unit value index of imports decreased 16.7 percent in April compared to the same month of the previous year. Compared to the same month of the previous year, the index decreased 9.6 percent in food, beverages, and tobacco, 19.6 percent in raw materials (without fuel), 44.4 percent in fuels, and 5.2 percent in the manufacturing industry (without food, beverages, tobacco). .

The import quantity index increased 14.3 percent in April compared to the same month of the previous year. Compared to the same month of the previous year, the index increased 30.5 percent in food, beverages, and tobacco, 14.5 percent in fuels, and 13.9 percent in the manufacturing industry (excluding food, beverages, and tobacco), while which increased 14.4 percent. percent in raw materials (excluding fuel).

According to the series corrected for seasonality and calendar; The import quantity index, which was 127.0 in March 2023, increased by 4.8 percent and became 133.0 in April 2023. According to the corrected calendar series; The import quantity index, which was 104.7 in April 2022, increased by 23.8 percent and became 129.6 in April 2023.

INCREASED FOREIGN TRADE LIMIT

The terms of foreign trade, which was calculated by dividing the unit value index of exports by the unit value index of imports and which was obtained at 73.1 in April 2022, increased 15.6 points to 88.7 in April 2023.