A Note on Shifts in Turkey's International Trade Pattern*

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Ege Stratejik Araştırmalar Dergisi
Volume:5 Issue:2
A Note on Shifts in Turkey's International Trade Pattern*

A Note on Shifts in Turkey's International Trade Pattern*

Pages : 9-41

View : 27 | Download : 13

Publication Date : 2014-07-01

Article Type : Other Papers

Abstract :It is frequently stated that Turkey's trade orientation has shifted in the last decade away from Europe and more towards the East, specifically Arab countries and Middle East. However, comprehensive presentation of the situation is lacking, causing concern over the validity of the statement. This paper examines the foreign trade of Turkey for years 1995 to 2012. The analysis focuses on a number of country groups and product categories. The analysis confirms the shift away from EU and towards not only Arab countries but Asia as a whole, primarily due to gas imports from Russia. It is observed that Turkey's exports are becoming more focused towards manufactured goods and increasing in technological complexity. An interesting observation is the increase in the share of “commodities and transactions not elsewhere classified”, especially with the Arab countries.
Keywords : international trade, Turkey, trade patterns

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