Export Unit Value Index Decreased by 3,8

According to Turkey Statistical Institute (TSI) data, the export unit value index decreased by 3.8. Accordingly, in April, the same goods were exported 3.8 percent cheaper than in April 2019. TurkStat announced that the export unit value index decreased by 3.8 percent in April compared to the same month of 2019. The index shows the price per unit of exported products increased by 3.4 percent in food, beverage and tobacco, compared to the same month of the previous year, 3 percent in raw materials (excluding fuel), 67.4 percent in fuels and in manufacturing industry (food, beverage, tobacco excluded) narrowed by 0.9 percent. Export Quantity Index decreased by 39.3 percent According to the data released by the Statistics Institute of Turkey, the export volume index in April fell 39.3 percent compared to the same month of 2019. The index, which shows the total of exported units or weight, is 1.3 percent in food, beverage and tobacco, 7.5 percent in raw materials (excluding fuel) and 46 percent in manufacturing industry (excluding food, beverages, tobacco) while decreased by 4 compared to the same month of the previous year, fuels increased by 2 percent. Import Unit Value Index Decreased by 12.4 Percent Another information in the data is that the import unit value index decreased by 12.4 percent in April compared to the same month of the previous year. The index increased by 1 percent in food, beverage and tobacco, compared to the same month of 2019, decreased by 9.5 percent in raw materials (excluding fuel), 48.2 percent in fuels and 5.4 percent in manufacturing industry (excluding food, beverage, tobacco). Import Quantity Index Decreased by 18.7 Percent The import quantity index also decreased by 18.7 percent in April compared to the same month of the previous year. The index is 4.2 percent in food, beverage and tobacco, 3.9 percent in raw materials (excluding fuel), 26.4 percent in fuel and 18.1 percent in manufacturing industry (excluding food, beverage, tobacco) compared to the same month of the previous year.