1. Analysis of Foreign Trade Between Türkiye and Africa
- Author:
- Şükrü Cicioğlu and Ryan Hafiz Ahmed İbrahim
- Publication Date:
- 12-2023
- Content Type:
- Journal Article
- Journal:
- Turkish Journal of Middle Eastern Studies
- Institution:
- Sakarya University (SAU)
- Abstract:
- While enhancing our economic relations with African countries was positioned as a target within Türkiye’s vision, especially after the Cold War, this could only come true in the first decade of the 21st century. As a result, there have been significant trade volume developments. Although Türkiye had a trade deficit with Africa from the mid-90s to the early 2000s, it became a surplus party in the subsequent period due to stagnation and the impacts of various crises. The trade with Africa is primarily with North African countries due to geographical proximity and historical ties. While Africa's share in Türkiye's total foreign trade volume has been gradually increasing, it remains significantly lower compared to Asia and Europe. Relations between the continent and Türkiye haven’t grown stronger yet, mainly because most African countries were former colonies. On the other hand, Türkiye's geographical proximity to Africa offers a significant opportunity to meet African countries' agricultural and food needs. In this context, this study aims to analyze Türkiye’s trade with the African continent and to reveal the opportunities, threats, strengths, and weaknesses this trade offers for both actors. Furthermore, the study provides recommendations to enhance these relations in this framework.
- Topic:
- International Relations, Economics, History, and Trade
- Political Geography:
- Africa, Turkey, and Middle East