Abstract
Over the last years Turkey has rediscovered trade opportunities with Middle Eastern countries, enjoying a trade surplus with most of them. As one of the big players in the region, Russia has also experienced remarkable trade relationship with Middle Eastern countries. The purpose of this paper is to analyze the competitiveness and trade pattern of Turkey and Russia in non-oil commodities vis-à-vis Middle Eastern countries using both Revealed Comparative Advantage (RCA) index and Trade Complementarity (TC) index. The paper also aims to examine their role and position as trading actors in the region and lays downs future cooperation opportunities based on main empirical findings.
Keywords
Middle East
Complementarity (molecular biology)
Index (typography)
International trade
Comparative advantage
Position (finance)
Revealed comparative advantage
Intra-industry trade
Economics
Bilateral trade
Trade barrier
International economics
Economy
Geography
China
Subject Areas
Global Trade and Competitiveness
·Strategy and Management ·Social Sciences
International Business and FDI
·Strategy and Management ·Social Sciences
Global trade and economics
·General Economics, Econometrics and Finance ·Social Sciences
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