Abstract:

The aim of the study is to examine the product-based concentration in the foreign trade of Turkey and BRICS (Brazil, Russia, India, China, South Africa) on a sectoral basis. BRICS, which is seen as an important economic power for today and for the future in the globalizing world, accounts for 41% of the world's population, controls 24% of the world's gross domestic product and realizes more than 16% of world trade. In the study, product-based concentration in exports and imports of Turkey and BRICS for the period 2001-2021 was examined using the Gini-Hirschman Index (GHI). According to the findings of the study, according to the coefficient values calculated by the GHI method, product diversity increases in both exports and imports of Turkey, but product diversity in exports is higher than in imports. Although the product variety in BRICS's exports is higher than its imports, it is understood that the product variety has not undergone a radical change in both exports and imports. As a result, it is suggested that Turkey should develop policies to provide competitive advantage by increasing the export of R&D-based, high value-added, technological and capital-intensive products.

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