Export unit value Index Increased by 4,9 percent In May

Export unit value Index Increased by 4,9 percent In May

Turkish Statistical Institution (TÜİK) announced foreign trade Indexes for May 2018. Accordingly; export unit value Index displayed a n Increase by 4,9 percent In May  compared to  previous May period. Index, compared to the same month of the previous year, only decreased  by 3,4 In food, beverages  and tobacco, but Increased by 2,2, percent In raw materials (fuel excluded),  Increased by  38,5 percent In fuels  and Increased by 5,4 percent In manufacturing sector (food, beverages and tobacco are excluded). Import unit value Index Increased by 7,7 percent  In May compared to previous May period. Index, compared to  the same month of the previous year, Increased by 0,5 percent In food, beverages and tobacco, Increased by 10,5 percent In raw materials (fuel excluded) , Increased by  32,6 percent In fuels   and Increased by  2,4 percent In manufacturing sector ( food, beverages and tobacco are excluded) .

Import amount/quantity Index decreased by  2 percent
Export amount/quantity Index Increased by 0,4 percent In may compared to the same period of the previous year.  Index, compared to the same period of the previous year, Increased by 19,1 percent in food, beverages and tobacco, Increased by 5,8 percent In raw materials ( fuel excluded)  and Increased by 4,2 In manufacturing sector (food, beverages and tobacco are excluded)  whereas  the index decreased by 39,4 percent In fuels .
Import amount/quantity Index decreased by 2 percent In may compared to the same month of the previous year.  Index; compared to the same month of the previous year, decreased by 4,1 percent In food, beverages and tobacco, decreased by 9,2 percent In  raw materials (fuel excluded)  and decreased by 5 percent In fuels whereas the index Increased by 4,6 percent In manufacturing sector(food, beverages and tobacco are excluded)  .


Woodworking machines sector continue to give foreign trade surplus
Giving foreign  trade surplus In 2017 for the first time, woodworking machines sector Is still continuing to give foreign trade surplus In 2018 as well. In woodworking machines sector, the exports Increased by 19 percent by the end of 2017 and reached  84 million dollars; whereas Imports decreased by  10  percent and recorded as  68 million dollars. Within the  first 4 months of 2018, according to the same period of the previous year, exports Increased by 13 percent and reached 32 million dollars ; whereas Imports Increased by  59 percent and reached 28 million dollars.  Production figures also Increased by 13 percent and were realized as 80 million dollars, whereas domestic sales Increased by 26 percent and realized as 76 million dollars.  The foreign trade surplus was 4 million dollars  according to the primary four months of   2018. By the end of 2018, experts In woodworking machine sector Is expected to be around  95 -100 million  dollars, whereas the production  Is expected to be  around 250 million dollars .

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