Türkiye’s export prices rise as trade volumes and terms weaken

Türkiye’s export unit value index rose 8.5 percent in August compared with the same month a year earlier, according to data released by the Turkish Statistical Institute.

The index measures changes in the value of goods exported per unit, while the export volume index tracks how much was exported.

Export volumes fell 0.4 percent overall, despite increases in some categories, including crude materials excluding fuels.

Import unit values rose 13.7 percent, while import volumes declined 2.8 percent year-on-year.

The terms of trade, a measure comparing export and import prices, fell to 90 from 94.3 a year earlier.

These figures show that export prices increased while total export and import volumes declined.

The data cover August; no further steps or forecasts are stated.