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Trade Relations Between Turkey and Kazakhstan on the 25th Anniversary of Kazakhstan’s Independence

Year 2017, Volume: 22 Issue: 1, 7 - 28, 01.04.2017

Abstract

Since Kazakhstan gained independence in 1992, bilateral relations between Kazakhstan and Turkey have developed in many spheres. The warm relations have brought many business opportunities for both countries. Over 23 years, the amount of exports from Turkey to Kazakhstan have multiplied by 39 times while imports from Kazakhstan have increased by 110 times. As for Kazakhstan’s investment sector, Turkey is the fourth largest investor country in non-energy sectors, and 17th in terms of capitalization. Moreover, in terms of compatibility regarding the trade structure, it would be beneficial for Kazakhstan to increase its trade volume as shown with the results of the trade complementarity index. This research looks at the bilateral trade relations between

References

  • “UN Comtrade Database”, https://comtrade.un.org/ (last visited 18 January 2017).
  • Vladimir Kuryatov, “Astana- Ankara: a New Partnership Synergy”, http://kazworld.info/?p=24685 (last visited on 22 October 2016).
  • “UN Comtrade Database”, https://comtrade.un.org/ (last visited 25 January 2017).
  • Hasan Kanbolat, “Türk Dış Politikasında Kazakistanın Yeri ve Geleceği”, Ortadoğu Analiz ORSAM, Vol. 3, No. 30 (June 2011), p. 55.
  • Martin Sieff, “Kazakhstan and Turkey Build Partnership for a New Era”, http://www. edgekz.com/kazakhstan-turkey-build-partnership-new-era/ (last visited on 23 August 2017).
  • “Türk Yurtdışı Müteahhitlik Hizmetleri”, Türkiye Müteahhitler Birliği, http://www. tmb.org.tr/doc/file/YDMH_Nisan_2016.pdf (last visited 2 August 2016).
  • Zhanseit Tuimebayev, “Kazakhstan-Turkey Strategic Partnership Can Serve as Exam- ple”, Astana Times, 16 April 2015. 8 Ibid. 9 Ibid.
  • “GDP per capita (current US$)”, The World Bank, http://data.worldbank.org/indica- tor/NY.GDP.PCAP.CD (last visited 25 August 2017).
  • “Industry, value added (% of GDP).” The World Bank, http://data.worldbank.org/ indicator/NV.IND.TOTL.ZS (last visited 28 August 2017).
  • Türkiye Cumhuriyeti Merkez Bankası, “Ödemeler Dengesi İstatistikleri”, http://www. tcmb.gov.tr/wps/wcm/connect/TCMB+TR/TCMB+TR/Main+Menu/Istatistikler/Od emeler+Dengesi+ve+Ilgili+Istatistikler/Odemeler+Dengesi+Istatistikleri/Veri+Tablolar (last visited 4 July 2017).
  • “UN Comtrade Database”, at https://comtrade.un.org/ (last visited 18 January 2017). 14 Ibid. 15 Ibid. 16 Ibid. 17 Ibid. 18 Ibid. 19 Ibid. 20 Ibid. 21 Ibid.
  • Michaely, Michael, “Indices of Compatibility, Trade Preferential Agreements in Latin America an Ex-Ante Assesment”, The World Bank, at http://www-wds.worldbank. org/external/default/WDSContentServer/IW3P/IB/1996/03/01/000009265_3961019 193227/Rendered/PDF/multi0page.pdf (last visited 28 August 2017).
  • The World Bank, “Trade Indicators- World integrated trade solutions”, http://wits. worldbank.org/wits/wits/witshelp/Content/Utilities/e1.trade_indicators.htm (last visited 25 August 2017).
  • Gary Clyde Hufbauer and John G. Chilas, “Specialization by Industrial Countries: Extent and Consequence”, in Herbert Giersh (ed.), The International Division of Labour Problems and Perspectives: The International Symposium, Tübingen, J. C. B. Mohr, 1974, pp. 3-38.
  • UN Comtrade Database is available at https://comtrade.un.org/ (last visited 18 August 2017). 26 Ibid. 27 Ibid. 28 Ibid.
Year 2017, Volume: 22 Issue: 1, 7 - 28, 01.04.2017

Abstract

References

  • “UN Comtrade Database”, https://comtrade.un.org/ (last visited 18 January 2017).
  • Vladimir Kuryatov, “Astana- Ankara: a New Partnership Synergy”, http://kazworld.info/?p=24685 (last visited on 22 October 2016).
  • “UN Comtrade Database”, https://comtrade.un.org/ (last visited 25 January 2017).
  • Hasan Kanbolat, “Türk Dış Politikasında Kazakistanın Yeri ve Geleceği”, Ortadoğu Analiz ORSAM, Vol. 3, No. 30 (June 2011), p. 55.
  • Martin Sieff, “Kazakhstan and Turkey Build Partnership for a New Era”, http://www. edgekz.com/kazakhstan-turkey-build-partnership-new-era/ (last visited on 23 August 2017).
  • “Türk Yurtdışı Müteahhitlik Hizmetleri”, Türkiye Müteahhitler Birliği, http://www. tmb.org.tr/doc/file/YDMH_Nisan_2016.pdf (last visited 2 August 2016).
  • Zhanseit Tuimebayev, “Kazakhstan-Turkey Strategic Partnership Can Serve as Exam- ple”, Astana Times, 16 April 2015. 8 Ibid. 9 Ibid.
  • “GDP per capita (current US$)”, The World Bank, http://data.worldbank.org/indica- tor/NY.GDP.PCAP.CD (last visited 25 August 2017).
  • “Industry, value added (% of GDP).” The World Bank, http://data.worldbank.org/ indicator/NV.IND.TOTL.ZS (last visited 28 August 2017).
  • Türkiye Cumhuriyeti Merkez Bankası, “Ödemeler Dengesi İstatistikleri”, http://www. tcmb.gov.tr/wps/wcm/connect/TCMB+TR/TCMB+TR/Main+Menu/Istatistikler/Od emeler+Dengesi+ve+Ilgili+Istatistikler/Odemeler+Dengesi+Istatistikleri/Veri+Tablolar (last visited 4 July 2017).
  • “UN Comtrade Database”, at https://comtrade.un.org/ (last visited 18 January 2017). 14 Ibid. 15 Ibid. 16 Ibid. 17 Ibid. 18 Ibid. 19 Ibid. 20 Ibid. 21 Ibid.
  • Michaely, Michael, “Indices of Compatibility, Trade Preferential Agreements in Latin America an Ex-Ante Assesment”, The World Bank, at http://www-wds.worldbank. org/external/default/WDSContentServer/IW3P/IB/1996/03/01/000009265_3961019 193227/Rendered/PDF/multi0page.pdf (last visited 28 August 2017).
  • The World Bank, “Trade Indicators- World integrated trade solutions”, http://wits. worldbank.org/wits/wits/witshelp/Content/Utilities/e1.trade_indicators.htm (last visited 25 August 2017).
  • Gary Clyde Hufbauer and John G. Chilas, “Specialization by Industrial Countries: Extent and Consequence”, in Herbert Giersh (ed.), The International Division of Labour Problems and Perspectives: The International Symposium, Tübingen, J. C. B. Mohr, 1974, pp. 3-38.
  • UN Comtrade Database is available at https://comtrade.un.org/ (last visited 18 August 2017). 26 Ibid. 27 Ibid. 28 Ibid.
There are 15 citations in total.

Details

Primary Language English
Journal Section Articles
Authors

Nevzat Şimşek This is me

Cengizhan Canaltay This is me

Hayal Ayça Şimşek This is me

Publication Date April 1, 2017
Published in Issue Year 2017 Volume: 22 Issue: 1

Cite

APA Şimşek, N., Canaltay, C., & Şimşek, H. A. (2017). Trade Relations Between Turkey and Kazakhstan on the 25th Anniversary of Kazakhstan’s Independence. PERCEPTIONS: Journal of International Affairs, 22(1), 7-28.
AMA Şimşek N, Canaltay C, Şimşek HA. Trade Relations Between Turkey and Kazakhstan on the 25th Anniversary of Kazakhstan’s Independence. PERCEPTIONS. April 2017;22(1):7-28.
Chicago Şimşek, Nevzat, Cengizhan Canaltay, and Hayal Ayça Şimşek. “Trade Relations Between Turkey and Kazakhstan on the 25th Anniversary of Kazakhstan’s Independence”. PERCEPTIONS: Journal of International Affairs 22, no. 1 (April 2017): 7-28.
EndNote Şimşek N, Canaltay C, Şimşek HA (April 1, 2017) Trade Relations Between Turkey and Kazakhstan on the 25th Anniversary of Kazakhstan’s Independence. PERCEPTIONS: Journal of International Affairs 22 1 7–28.
IEEE N. Şimşek, C. Canaltay, and H. A. Şimşek, “Trade Relations Between Turkey and Kazakhstan on the 25th Anniversary of Kazakhstan’s Independence”, PERCEPTIONS, vol. 22, no. 1, pp. 7–28, 2017.
ISNAD Şimşek, Nevzat et al. “Trade Relations Between Turkey and Kazakhstan on the 25th Anniversary of Kazakhstan’s Independence”. PERCEPTIONS: Journal of International Affairs 22/1 (April 2017), 7-28.
JAMA Şimşek N, Canaltay C, Şimşek HA. Trade Relations Between Turkey and Kazakhstan on the 25th Anniversary of Kazakhstan’s Independence. PERCEPTIONS. 2017;22:7–28.
MLA Şimşek, Nevzat et al. “Trade Relations Between Turkey and Kazakhstan on the 25th Anniversary of Kazakhstan’s Independence”. PERCEPTIONS: Journal of International Affairs, vol. 22, no. 1, 2017, pp. 7-28.
Vancouver Şimşek N, Canaltay C, Şimşek HA. Trade Relations Between Turkey and Kazakhstan on the 25th Anniversary of Kazakhstan’s Independence. PERCEPTIONS. 2017;22(1):7-28.