GELİŞEN SEKİZ İSLAM ÜLKESİNİN (D-8 ÜLKELERİNİN) DIŞ TİCARETİNİN YETERLİLİK ANALİZİ
Journal Title: JOEEP: Journal of Emerging Economies and Policy - Year 2017, Vol 2, Issue 1
Abstract
Developing Eight (D-8), which has a very global formation characteristic rather than regional in terms of the geographical area covered by the developing Eight Islamic Country (D-8) is a "development cooperation" organization in which Turkey takes the lead. Countries in this organization are Iran, Pakistan, Bangladesh, Malaysia, Indonesia, Egypt and Nigeria. This study investigates the analysis of the competence of the member countries in the case of possible customs union application and the competence of each member in the export and import of the member countries in any product code. The products are classified according to their chapters (Harmonized System) and export and import figures made in these chapters are compared. As a result of the analyzes made, the total exports of mineral fuels, mineral oils and their products, bitumen and mineral waxes were approximately $ 178 billion and the total imports were about $ 96 billion. Leading as the first with $ 51 billion in this product’s exports, Nigeria was followed by Malaysia with $ 50 billion. Turkey imported the first order of $ 38 billion in imports of this product. Again, the total exports of precious or semi-precious stones, precious metals, pearls, imitation jewelery, metal goods are in fact approximately $ 16 billion and the total import is about $ 9 billion. The largest exporting country in this market has been Turkey with about $ 11 billion, and it has ranked first with about $ 4 billion in imports. Malaysia has been second with about $ 3 billion in imports.. On the other hand, the total exports of the member countries in the chapter such as electrical machinery and devices, audio recording-exporting, television image-sound recording-exporting devices, accessory-parts-accessories are $ 59 Billion whereas the total import is $ 71 Billion. It is seen that total exports in this market can cover a large part of 83% of total imports. As a result of other comparative chapters made, it has been determined that member states are sufficient in many cases and that foreign trade can be carried out without any external dependency.
Authors and Affiliations
Yavuz Türkan, Abdurrahman ALAKUŞTEKİN
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