In the same month, compared to May 2022, while the index for food, beverages and tobacco, and manufactured goods (except food, beverages and tobacco) increased by 6.6%and 2.5%, respectively, the index for crude materials (except fuels) and fuels decreased by 11.8% and 38.2%, respectively.

The overall export volume index increased by 15.8%

The overall export volume index compared to the corresponding month of the preceding year increased by 15.8% in May. Compared with May 2022, the index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) increased by 14.6%, 6.5%, 47.5% and 13.4%, respectively.

The overall import unit value index decreased by 13.0%

As compared with the corresponding month of the preceding year, the overall import unit value index decreased by 13.0% in May. The index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) decreased by 10.8%, 26.2%, 32.7% and 7.1%, respectively.

The overall import volume index increased by 32.7%

In May, the overall import volume index compared to the corresponding month of the preceding year increased by 32.7%. The index for food, beverages and tobacco, crude materials (except fuels), fuels and manufactured goods (except food, beverages and tobacco) increased by 80.8%, 3.6%, 13.9% and 38.6%, respectively.

The calendar and seasonally adjusted export volume index decreased by 1.2%

The calendar and seasonally adjusted export volume index which was 144.8 in April 2023, decreased by 1.2%, to 143.0 in May 2023. The calendar adjusted export volume index which was 145.2 in May 2022, decreased by 1.5%, to 143.0 in May 2023.

The calendar and seasonally adjusted import volume index increased by 0.3%

The calendar and seasonally adjusted import volume index which was 133.2 in April 2023, increased by 0.3%, to 133.6 in May 2023. The calendar adjusted import volume index which was 120 in May 2022, increased by 16.7%, to 140.0 in May 2023.

Terms of trade was 86.8 in May 2023

Terms of trade is calculated by dividing the export unit value index by the import unit value index, then multiplying the result by 100. While terms of trade was 76.4 in May 2022, it increased by 10.4 points to 86.8 in May 2023. (ILKHA)