Turkey's export and import unit indices up in February 2013

Overall export unit value and import unit value was both up by 1.2 percent in February 2013 compared to the same month of 2012 (2010=100). Turkey's statistics authority, TurkStat, released the foreign trade indices for January 2013 on Tuesday. In the same month, compared to February 2012, while the export unit value index for food, beverages and tobacco, fuels decreased by 0.7 percent, 1 percent respectively, the export unit value index for crude materials (except fuels), manufacturing goods (except food, beverages and tobacco) increased by 4.2 percent and 1.6 percent respectively. In February 2013, while the import unit value index for food, beverages and tobacco, manufacturing goods (except food, beverages and tobacco) increased by 11.2 percent, 3.3 percent respectively, the import unit value index for crude materials (except fuels), fuels decreased by 9.1 percent, 2 percent respectively, as compared with the corresponding month of the preceding year. In February 2013, the overall import volume index the corresponding month of the preceding year increased by 7.8 percent. The overall export volume index, in February 2013, the corresponding month of the preceding year, increased by 4.6 percent. In February 2013, calendar adjusted the export volume index, the import volume index increased by 8.7 percent,10.6 percent respectively, compared to the corresponding month of the preceding year. Calendar and seasonally adjusted, the export volume index and the import volume index increased by 5.1 percent, 2.6 percent respectively, compared to previous month. In the same month, by the corresponding month of the preceding year, while the export volume index for food, beverages and tobacco, crude materials (except fuels), manufacturing goods (except food, beverages and tobacco) increased by 7.5 percent, 22.8 percent and 4 percent respectively, the export volume index for fuels decreased by 12.5 percent. In February 2013, while the import volume index for food, beverages and tobacco, manufacturing goods (except food, beverages and tobacco) increased by 13.1 percent, 8.1 percent, respectively, the import volume index for crude materials (except fuels), fuels decreased by 16.5 percent, 1.5percent, respectively, as compared with the corresponding month of the preceding year.