Analysis of intra-industry trade in aquaculture products: The case of Türkiye

Abstract

The aquaculture sector has become an important sector in terms of national economies due to the continuous increase of the population in terms of consumption, the increase of the income level of the countries, the increasing tendency towards healthy nutrition, and the development of storage and transportation facilities in terms of production. T & uuml;rkiye's foreign trade, especially the export of aquaculture products, has experienced significant growth in recent years. This study aims to analyze T & uuml;rkiye's intra-industry trade in the aquaculture sector with the countries with which T & uuml;rkiye has foreign trade. In this context, foreign trade data of aquaculture products with 4 and 6-digit HS (Harmonized System) coded product groups for the period 2010-2022 from TurkStat were analyzed using the Grubel-Lloyd index. According to the results of the study, the level of intra-industry trade (IIT) in T & uuml;rkiye's foreign trade of aquaculture products is low. Therefore, considering that exports exceed imports in the foreign trade of aquaculture products, the export-oriented inter-industry pattern stands out. At the same time, it is also observed that the IIT is low for raw seafood and processed seafood. In this respect, the export-oriented inter-industry trade in raw seafood products and the import-oriented inter-industry trade in processed seafood products were found to have a foreign trade structure. Only the product groups of crustaceans and mollusks, which are included in the raw seafood products, were found to have a high level of IIT.