Analysis of Specialization in Agricultural Products After WTO Membership: A Review for Türkiye and Mercosur Countries Agricultural Trade Relation

The increase in the volume of foreign trade between Türkiye and MERCOSUR countries in recent years has an important potential. The fact that these countries are economically similar further increases the mutual foreign trade potential. These trade relations are important in terms of economic coopera...

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Main Author: Elif Tuğçe Bozduman
Format: Article
Language:English
Published: Hasan Eleroğlu 2024-12-01
Series:Turkish Journal of Agriculture: Food Science and Technology
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Online Access:https://agrifoodscience.com/index.php/TURJAF/article/view/6978
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author Elif Tuğçe Bozduman
author_facet Elif Tuğçe Bozduman
author_sort Elif Tuğçe Bozduman
collection DOAJ
description The increase in the volume of foreign trade between Türkiye and MERCOSUR countries in recent years has an important potential. The fact that these countries are economically similar further increases the mutual foreign trade potential. These trade relations are important in terms of economic cooperation and are expected to strengthen the economic interests of countries over time. Both Türkiye and MERCOSUR countries have a high potential in terms of production and foreign trade in agricultural and livestock products. Of course, the fact that countries are members of the World Trade Organization has increased free foreign trade in these sectors. Therefore, in this study, the level of foreign trade specialization in the agriculture and livestock sector after Türkiye and MERCOSUR countries became a member of the World Trade Organization was analysed. In this study covering the years 1995-2022; Net Trade, Export-Import Ratio, Lafay and Michaely indices were used. The findings show that the highest specialization is in Argentina and the lowest in Paraguay. In addition, Türkiye and Brazil have an advantage in numerically similar product groups. Türkiye needs to increase productivity in agriculture to increase the level of specialization in foreign trade.
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spelling doaj-art-e8f7c534170d4a5d9dd9a0e03b17bc592025-08-20T02:03:58ZengHasan EleroğluTurkish Journal of Agriculture: Food Science and Technology2148-127X2024-12-0112122514252310.24925/turjaf.v12i12.2514-2523.69785679Analysis of Specialization in Agricultural Products After WTO Membership: A Review for Türkiye and Mercosur Countries Agricultural Trade RelationElif Tuğçe Bozduman0https://orcid.org/0000-0002-6145-8571Manisa Celal Bayar University, Faculty of Economics and Administrative Sciences, Department of Economics, Manisa, TurkiyeThe increase in the volume of foreign trade between Türkiye and MERCOSUR countries in recent years has an important potential. The fact that these countries are economically similar further increases the mutual foreign trade potential. These trade relations are important in terms of economic cooperation and are expected to strengthen the economic interests of countries over time. Both Türkiye and MERCOSUR countries have a high potential in terms of production and foreign trade in agricultural and livestock products. Of course, the fact that countries are members of the World Trade Organization has increased free foreign trade in these sectors. Therefore, in this study, the level of foreign trade specialization in the agriculture and livestock sector after Türkiye and MERCOSUR countries became a member of the World Trade Organization was analysed. In this study covering the years 1995-2022; Net Trade, Export-Import Ratio, Lafay and Michaely indices were used. The findings show that the highest specialization is in Argentina and the lowest in Paraguay. In addition, Türkiye and Brazil have an advantage in numerically similar product groups. Türkiye needs to increase productivity in agriculture to increase the level of specialization in foreign trade.https://agrifoodscience.com/index.php/TURJAF/article/view/6978agriculturelivestockspecializationturkeymercosur
spellingShingle Elif Tuğçe Bozduman
Analysis of Specialization in Agricultural Products After WTO Membership: A Review for Türkiye and Mercosur Countries Agricultural Trade Relation
Turkish Journal of Agriculture: Food Science and Technology
agriculture
livestock
specialization
turkey
mercosur
title Analysis of Specialization in Agricultural Products After WTO Membership: A Review for Türkiye and Mercosur Countries Agricultural Trade Relation
title_full Analysis of Specialization in Agricultural Products After WTO Membership: A Review for Türkiye and Mercosur Countries Agricultural Trade Relation
title_fullStr Analysis of Specialization in Agricultural Products After WTO Membership: A Review for Türkiye and Mercosur Countries Agricultural Trade Relation
title_full_unstemmed Analysis of Specialization in Agricultural Products After WTO Membership: A Review for Türkiye and Mercosur Countries Agricultural Trade Relation
title_short Analysis of Specialization in Agricultural Products After WTO Membership: A Review for Türkiye and Mercosur Countries Agricultural Trade Relation
title_sort analysis of specialization in agricultural products after wto membership a review for turkiye and mercosur countries agricultural trade relation
topic agriculture
livestock
specialization
turkey
mercosur
url https://agrifoodscience.com/index.php/TURJAF/article/view/6978
work_keys_str_mv AT eliftugcebozduman analysisofspecializationinagriculturalproductsafterwtomembershipareviewforturkiyeandmercosurcountriesagriculturaltraderelation