TÜİK announced the foreign trade indices for August

Turkish Statistical Institute (TUIK) announced the foreign trade indices for August.

Accordingly, the export unit value index increased by 8.5 percent in August compared to the same month of the previous year.

Compared to August 2025, the index increased by 7.4 percent in food, beverages and tobacco, 10.9 percent in raw materials (excluding fuel), 47.1 percent in fuels and 5.1 percent in the manufacturing industry (excluding food, beverages and tobacco).

Import unit value index also increased by 13.7 percent on an annual basis in August.

While the index decreased by 4.2 percent in food, beverages and tobacco compared to the same month last year, it increased by 35.9 percent in fuels, 12.5 percent in raw materials (excluding fuel) and 7.5 percent in the manufacturing industry (excluding food, beverages and tobacco).

Quantity indices

The export quantity index decreased by 0.4 percent in August compared to the same month last year. During this period, the index increased by 1.9 percent in food, beverages and tobacco, and by 19.3 percent in raw materials (excluding fuel), while it decreased by 20 percent in fuels and by 4.5 percent in the manufacturing industry (excluding food, beverages and tobacco).

Import quantity index decreased by 2.8 percent on an annual basis in August. The index recorded a 36.2 percent increase in food, beverages and tobacco and an 8.3 percent increase in raw materials (excluding fuel) compared to the same month last year, while a 1.6 percent decrease in fuels and a 0.5 percent decrease in the manufacturing industry (excluding food, beverages and tobacco).

Data adjusted for seasonal and calendar effects

According to the series adjusted for seasonal and calendar effects, the export quantity index, which was 143.6 in July, increased by 1 percent to 145 in August. According to the series adjusted for calendar effects, while the index was 141.1 in August 2025, it decreased by 0.4 percent to 140.5 in August 2026.

According to the series adjusted for seasonal and calendar effects, the import quantity index was recorded as 111.7 in August, with a 2.5 percent decrease, while it was 114.6 in July. According to the series adjusted for calendar effects, while the index was 109.6 in August last year, it decreased by 2.8 percent to 106.5 in the same month of this year.

The terms of foreign trade, which was calculated by dividing the export unit value index by the import unit value index and was obtained as 94.3 in August 2025, was recorded as 90 in August 2026, with a decrease of 4.3 points.