Research Information System
International Conference on Economics-EconTR2020@Eskişehir, Eskişehir, Turkey, 10 - 12 September 2020, pp.1-7
This study is in the aim of assessing the
position of Turkey in world agricultural market with the help of trade related
indexes. Even though the share of agricultural exports has been decreasing
gradually due to the acceleration of industrial exports since 1980s,
agriculture is a traditional sector which continues to contribute positively to
the current account balance of Turkey. However, this study reveals that some of
the sub-sectors, such as edible fruits and nuts, which Turkey has comparative
advantage in the world, began to lose their world market share in the last
fifteen years. By comparing Turkey’s agricultural export growth with world
export growth in Harmonized System two digit codes, it is argued that seven
sub-sectors have exhibited a diminishing growth trend between the years of
2002-2017. Revealed comparative advantage index values further support this
argument. It is also aimed at identifying those markets which these sub-sectors
have lost their significance. Lastly, this study tries to discuss the role of
possible factors such as real exchange rate, the position of competitors, and trade
measures in the export composition and growth of Turkey.