9,612.84 TRY BIST 100 BIST 100
37.83 USD USD USD
5.24 CNY CNY CNY
40.78 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.53 TRY Interest Interest
73.74 USD Fossil Oil Fossil Oil
34.28 USD Silver Silver
5.09 USD Copper Copper
104.03 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,761.14 TRY Gold (gr) Gold (gr)

TÜİK announced the foreign trade indices for December 2024

The Turkish Statistical Institute (TÜİK) has announced the foreign trade indices for December 2024. According to the data, the export unit value index increased by 1.0%, while the export volume index increased by 1.1%. The import unit value index increased by 0.7%, and the import volume index increased by 10.2%.

TÜİK announced the foreign trade indices for December 2024

Changes in the Export and Import Indices 

The export unit value index increased by 1.0% in December 2024 compared to the same month of the previous year, with a increase of 8.3% in the food, beverages, and tobacco sector, and a 7.6% increase in raw materials (excluding fuels). However, the fuels sector decreased by 5.9%, and the manufacturing industry (excluding food, beverages, and tobacco) saw a decrease of 0.3%. 

The export volume index increased by 1.1% in December compared to the same month of the previous year. However, there was a decline of 7.0% in food, beverages, and tobacco products, a 7.3% decrease in raw materials (excluding fuels), and an 8.0% decrease in fuels. The manufacturing industry experienced a 4.8% increase. 

Developments in the Import Indices 

The import unit value index increased by 0.7% in December compared to the same month of the previous year. While there was a 5.0% increase in food, beverages, and tobacco products, the fuels sector saw a 4.3% decrease, raw materials (excluding fuels) increased by 2.6%, the manufacturing industry experienced a 3.6% decrease. 

The import volume index increased by 10.2% in December. While food, beverages, and tobacco products saw a 5.5% decrease, raw materials (excluding fuels) increased by 8.3%, and fuels increased by 6.9%. The manufacturing industry, on the other hand, recorded an 18.0% increase. 

Seasonally and Calendar Adjusted Indices 

According to the seasonally and calendar-adjusted series, the export volume index was 151.4 in November 2024, and increased by 3.1% reaching 156.2 in December. However, according to the calendar-adjusted series, the export volume index, which was 170.3 in December 2023, decreased by 2.8% in December 2024 and became 165.5. 

The import quantity index, which was 126.3 in November, increased by 1.6% in December and increased to 128.4. According to the calendar-adjusted series, the import quantity index, which was 128.3 in December 2023, increased by 6.9% in December 2024 and became 137.2. 

The Foreign Trade Index is 85.0 

The foreign trade index, calculated by dividing the export unit value index by the import unit value index, was 84.8 in December 2023, and increased by 0.2 points to 85.0 in December 2024. 

These figures reflect the developments in Türkiye's foreign trade and the differences between sectors. 

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Molan Steel's losses increased in 2024

Saturday, March 29, 2025

South African Steel Producers' call for assistance

Saturday, March 29, 2025

Turkeybuild Istanbul is set to shape the industry

Saturday, March 29, 2025

Ashinsky Plant increased net profit by 45% in 2024

Friday, March 28, 2025

Türkiye's iron and steel import value decreased by 9.71% in February

Thursday, March 27, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now