Journal of Eurasian Economies

Research Article

The Role of Central Asian and South Caucasian Economies in Foreign Trade of the Republic of Türkiye

Abstract

Based on the data of the World Integrated Trade Solution of the World Bank, this paper discusses the role of the Central Asian and South Caucasian economies in the foreign trade of the Republic of Türkiye. In order to obtain comparable results, Türkiye's exports to the Central Asian and South Caucasian regions and imports from the former to the latter are considered in constant prices. The observation shows that both trade flows increased during the period under consideration. For most of the years, many of the countries remained net importers of Turkish goods, as their exports to Türkiye exceeded the value of the goods they purchased from Türkiye. Only three of the eight countries - Kazakhstan, Tajikistan, and Uzbekistan - were net exporters to Türkiye for most of the period. The analysis shows that the largest buyers of Turkish exports in the regions were Azerbaijan, Georgia, and Uzbekistan, which together consumed more than 2.5% of total Turkish exports in 2019. In total, Central Asia and South Caucasus bought more than 3% of Turkish exports, which is quite comparable to the shares of Türkiye's trading partners such as the Netherlands, France, Spain, the US, and Italy. The share of Central Asia and South Caucasus in Türkiye's imports was much less significant.

Türkiye Cumhuriyeti'nin D?? Ticaretinde Orta Asya ve Güney Kafkasya Ekonomilerinin Rolü

Özet

Dünya Bankas?'n?n Dünya Entegre Ticaret Çözümü verilerine dayanan bu çal??ma, Orta Asya ve Güney Kafkasya ekonomilerinin Türkiye Cumhuriyeti'nin d?? ticaretindeki rolünü tart??maktad?r. Kar??la?t?r?labilir sonuçlar elde etmek için, Türkiye'nin Orta Asya ve Güney Kafkasya bölgelerine ihracat? ve ilkinden ikincisine ithalat? sabit fiyatlarla ele al?nm??t?r. Gözlemler, her iki ticaret ak???n?n da incelenen dönem boyunca artt???n? göstermektedir. Y?llar?n ço?unda, Türkiye'ye ihracatlar? Türkiye'den sat?n ald?klar? mallar?n de?erini a?t??? için, ülkelerin ço?u Türk mallar?n?n net ithalatç?s? olarak kalm??t?r. Sekiz ülkeden sadece üçü- Kazakistan, Tacikistan ve Özbekistan- dönemin büyük bir k?sm?nda Türkiye'ye net ihracatç? konumundayd?. Analiz, bu bölgelerdeki en büyük Türk ihracat al?c?lar?n?n, 2019 y?l?nda toplam Türk ihracat?n?n %2,5'inden fazlas?n? tüketen Azerbaycan, Gürcistan ve Özbekistan oldu?unu göstermektedir. Toplamda Orta Asya ve Güney Kafkasya, Türkiye'nin ihracat?n?n %3'ünden fazlas?n? sat?n alm??t?r ki bu oran Türkiye'nin Hollanda, Fransa, ?spanya, ABD ve ?talya gibi ticaret ortaklar?n?n paylar?yla oldukça benzerdir. Orta Asya ve Güney Kafkasya'n?n Türkiye'nin ithalat?ndaki pay? ise çok daha az önemliydi.

Ph.D. candidate Anri Chediya (National Research University Higher School of Economics, Moscow, Russia)
ORCID 0000-0003-0742-735X  chedia@inbox.ru

Dr. Renat Karamourzov (Lomonosov Moscow State University, Moscow, Russia)
ORCID 0000-0002-2297-6384  karamourzov@gmail.com

Submitted on: 2023-10-01 Accepted on: 2024-07-27

Year:2024 - Volume:3 Issue:2 Pages: 36-41

DOI: https://doi.org/10.36880/J03.2.0131

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APA style citation: Chediya, A. , & Karamourzov, R. (2024). The Role of Central Asian and South Caucasian Economies in Foreign Trade of the Republic of Türkiye. Journal of Eurasian Economies, 3(2), 36-41.

References