COMPARING THE FOREIGN TRADE AND LOGISTIC PERFORMANCE OF TURKEY AND EU MEMBERS WITH CLUSTER ANALYSIS

Yıl 2017, Cilt: 3 Sayı: 1, 31 - 36, 30.06.2017

Tugce Danaci Ramazan Nacar

https://doi.org/10.17261/Pressacademia.2017.389

Öz

This study aims to compare foreign
trade and logistic performance of Turkey and EU members and herewith to put
forward the position of Turkey as regard to EU members by taking import and
export data into consideration. Logistic
performance indexes and import/export data of Turkey and 28 EU members are
analyzed by hierarchical cluster analysis for the year 2014. Six different
elements of logistic performance index are included in the analysis procedure.
Foreign trade volumes of each country, which are composed of imports and
exports, and rates of exports meeting imports that are calculated for each
country are included in the analysis procedure as well. Besides, in the
supplementary analysis, the relationship between logistic performance of each
country and their gross domestic product per capita are analyzed. After conducting cluster analysis, there appeared five
different groups of countries in which Turkey positioned at the medium
performance level countries such as Poland, Latvia, Hungary, Portugal, Czech Republic,
and Slovenia. Besides,  there is a
significant and strong relationship between logistic performance of each
country and their gross domestic product per capita. By analyzing foreign trade of Turkey and EU members, Turkey’s
position and group-mates are revealed. 
These results will provide important insights for potential competition
between Turkey and EU members in terms of foreign trade and logistic
performance.

Anahtar Kelimeler

Foreign trade, import/export, logistic performance index, Turkey, EU

Kaynakça

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