Dynamics and Development Prospects of Kazakhstan–Azerbaijan Trade Relations in the Context of the Caspian Sea
Abstract
This article examines the current state and future prospects of trade relations between Azerbaijan and Kazakhstan within the Caspian Sea region. Using foreign trade turnover data for the period 2005–2023, long-term trends and short-term economic fluctuations are evaluated through the Hodrick–Prescott and Baxter–King filters. The BDS test identifies the existence of non-random patterns and structural dependence in the time series. The results indicate a sustained upward tendency in bilateral trade relations, accompanied by periodic fluctuations shaped by regional and global economic developments. In light of these findings, the study offers several policy recommendations, including the modernization of the Baku and Aktau ports, the simplification of customs procedures, and the expansion of investment and transport-logistics cooperation between the two countries.
Keywords
Kaynakça
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Ayrıntılar
Birincil Dil
İngilizce
Konular
Genel Türk Tarihi (Diğer)
Bölüm
Araştırma Makalesi
Yazarlar
Asmar Shukurlu
*
0009-0006-2613-5984
Azerbaijan
Yayımlanma Tarihi
22 Nisan 2026
Gönderilme Tarihi
30 Kasım 2025
Kabul Tarihi
22 Nisan 2026
Yayımlandığı Sayı
Yıl 2026 Cilt: 13 Sayı: 2