August 2026 Foreign Trade Indices Announced
According to TURKSTAT data, import unit values increased more than exports in August 2026, and the terms of trade declined to the level of 90.
According to the August 2026 foreign trade indices announced by the Turkish Statistical Institute, the rise in the import unit value index outpaced exports, while a significant drop was experienced in the terms of trade.
Export Unit Value and Volume Index
According to the data released by the Turkish Statistical Institute, the export unit value index recorded an increase of 8.5 percent on an annual basis in August 2026.
It was determined that the export volume index experienced a limited overall decline of 0.4 percent during the same period.
Import Unit Value and Volume Index
The import unit value index showed a noticeable increase of 13.7 percent in August compared to the same period of the previous year.
Official data included that the import volume index decreased by 2.8 percent on an annual basis.
Seasonally Adjusted Exports
Looking at the seasonally and calendar adjusted data, the export volume index increased by 1 percent compared to July, reaching the level of 145.
Seasonally Adjusted Imports
The seasonally and calendar adjusted import volume index dropped by 2.5 percent in August compared to its level in July, becoming 111.7.
Change in Terms of Trade
The terms of trade, calculated by dividing the export unit value index by the import unit value index, stood at 94.3 in the same month of the previous year.
Said index registered a decline of 4.3 points over a one-year period, falling to the level of 90 in August 2026.