Türkiye's export unit value index rises 7% in September, import prices surge 12.7%
Türkiye's overall export unit value index increased by 7.0% year-on-year in September 2026, while the import unit value index rose by 12.7%, according to data released by the Turkish Statistical Institute (TurkStat) on Thursday.
The export unit value index for manufactured goods, excluding food, beverages and tobacco, increased by 3.8% compared with September 2025. The index also rose by 0.2% for food, beverages and tobacco, 12.6% for crude materials excluding fuels, and 59.9% for fuels.
Meanwhile, the overall export volume index increased by 7.8% year-on-year in September.
By category, export volume rose by 17.6% for food, beverages and tobacco, 11.6% for crude materials excluding fuels, and 4.8% for manufactured goods excluding food, beverages and tobacco. However, fuel export volume declined by 18.6%.
Import unit values increase 12.7%
Türkiye's overall import unit value index climbed by 12.7% in September compared with the same month last year.
The import unit value index increased by 52.4% for fuels, 12.4% for crude materials excluding fuels, and 4.1% for manufactured goods excluding food, beverages and tobacco. In contrast, the index for food, beverages and tobacco decreased by 1.4%.
The overall import volume index, meanwhile, declined by 6.3% year-on-year.
Import volume increased by 15.0% for food, beverages and tobacco and 1.6% for manufactured goods excluding food, beverages and tobacco. However, it fell by 1.1% for crude materials excluding fuels and 2.1% for fuels.
Seasonally adjusted export and import volumes rise
On a calendar and seasonally adjusted basis, Türkiye's export volume index increased by 0.1% month-on-month, rising to 145.5 in September from 145.3 in August.
On a calendar-adjusted basis, the export volume index climbed by 7.8% year-on-year, reaching 146.9 in September, compared with 136.3 in the same month of 2025.
The calendar and seasonally adjusted import volume index also increased, rising by 1.6% month-on-month to 113.5 in September from 111.7 in August.
However, the calendar-adjusted import volume index declined by 6.3% year-on-year to 110.3 in September from 117.7 in September 2025.
Terms of trade deteriorate
Türkiye's terms of trade fell to 88.0 in September 2026, down 4.7 points from 92.7 recorded in the same month last year.
The terms of trade is calculated by dividing the export unit value index by the import unit value index and multiplying the result by 100.
The decline indicates that import prices increased faster than export prices, meaning Türkiye received relatively less in export value for each unit of imports purchased compared with a year earlier. (ILKHA)
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