Turkey economic data shows trade terms decline and agricultural price shifts

Turkey's economic indicators for August and September 2026 show mixed results across trade and agriculture. According to the Turkish Statistical Institute (TÜİK), the foreign trade terms index fell by 4.3 points to 90 in August. While the export unit value index rose by 8.5% year-on-year, the export quantity index decreased by 0.4%. Conversely, the import unit value index saw a significant increase of 13.7%, driven largely by a 35.9% rise in fuel prices, while the import quantity index fell by 2.8%.

In the agricultural sector, the Producer Price Index (PPI) for September 2026 recorded a monthly decline of 1.99%. Despite this monthly drop, annual agricultural producer prices rose by 12.93%. Notable sectoral shifts included a 14.69% monthly decrease in tropical and subtropical fruits, while the vegetable and melon/watermelon group saw the highest annual price increase at 61.07%.

Additionally, Turkish exports to the European Union reached approximately 81.5 billion dollars between January and September, a 3.9% increase. The automotive industry remained a leading sector in these exports to the EU.