Turkiye's export volume index up 7% YoY in Jan 2024: Turkstat

26 Mar '24

2 min read

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Insights

Turkiye's export volume index during January rose by 7 per cent YoY.
This index rose by 34.2 per cent YoY for fuels and by 3.7 per cent for manufactured goods (except food, beverages and tobacco).
However, the import volume index in the month fell by 13.9 per cent YoY.
This rose by 8.9 per cent YoY for fuels and fell by 5.6 per cent for manufactured goods.

Turkiye’s overall export volume index during January this year increased by 7 per cent year on year (YoY), according to the official statistics agency Turkstat. This index increased by 34.2 per cent YoY for fuels and by 3.7 per cent for manufactured goods (except food, beverages and tobacco).

The country’s overall export unit value index decreased by 3.3 per cent YoY in January. In the same month, the index decreased by 2.9 per cent YoY for manufactured goods (except food, beverages and tobacco) and decreased by 13.9 per cent YoY for fuels.

The overall import unit value index decreased by 9.3 per cent YoY in January. This index decreased by 31.8 per cent YoY for fuels and decreased by 1.2 per cent for manufactured goods (except food, beverages and tobacco).

The overall import volume index in January decreased by 13.9 per cent YoY. This index increased by 8.9 per cent YoY for fuels and decreased by 5.6 per cent for manufactured goods (except food, beverages and tobacco).

The calendar- and seasonally-adjusted export volume index, which was 161.8 in December 2023, decreased by 5.6 per cent to 152.8 in January this year.

The calendar- and seasonally-adjusted import volume index, which was 120.2 in December 2023, decreased by 4.1 per cent to 115.4 in January.

ALCHEMPro News Desk (DS)

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