According to the foreign trade indices for September 2026 released by the Turkish Statistical Institute (TurkStat), the export unit value index increased by 7 percent year-on-year, while the import unit value index rose by 12.7 percent. During the same period, the export volume index increased by 7.8 percent, whereas the import volume index declined by 6.3 percent. The terms of trade fell by 4.7 points compared to the same month of the previous year, reaching 88.
The Turkish Statistical Institute (TurkStat) released the foreign trade indices for September. According to the data, the export unit value index increased by 7 percent in September compared to the same month of the previous year. Compared to September 2025, the index rose by 0.2 percent in food, beverages and tobacco, 12.6 percent in raw materials excluding fuels, 59.9 percent in fuels, and 3.8 percent in manufacturing excluding food, beverages and tobacco.
The import unit value index increased by 12.7 percent in September compared to the same month of the previous year. On an annual basis, the index declined by 1.4 percent in food, beverages and tobacco, while increasing by 52.4 percent in fuels, 12.4 percent in raw materials excluding fuels, and 4.1 percent in manufacturing excluding food, beverages and tobacco.
Export Volume Index Increased by 7.8 Percent, While Import Volume Index Declined by 6.3 Percent
The export volume index increased by 7.8 percent in September compared to the same month of the previous year. During this period, the index rose by 17.6 percent in food, beverages and tobacco, 11.6 percent in raw materials excluding fuels, and 4.8 percent in manufacturing excluding food, beverages and tobacco, while declining by 18.6 percent in fuels.
The import volume index decreased by 6.3 percent in September compared to the same month of the previous year. On an annual basis, the index increased by 15 percent in food, beverages and tobacco and 1.6 percent in manufacturing excluding food, beverages and tobacco, while declining by 1.1 percent in raw materials excluding fuels and 2.1 percent in fuels.
Terms of Trade Declined by 4.7 Points in September
According to seasonally and calendar-adjusted data, the export volume index increased by 0.1 percent from 145.3 in August to 145.5 in September 2026. Based on calendar-adjusted data alone, the index rose by 7.8 percent from 136.3 in September 2025 to 146.9 in the same month of 2026.
The import volume index, based on seasonally and calendar-adjusted data, increased by 1.6 percent from 111.7 in August to 113.5 in September. According to calendar-adjusted data, however, the index declined by 6.3 percent from 117.7 in September 2025 to 110.3 in September 2026.
The terms of trade, calculated as the ratio of the export unit value index to the import unit value index, decreased by 4.7 points from 92.7 in September 2025 to 88 in September 2026.
