BILIG, no.83, pp.1-26, 2017 (SSCI)
Trade relations between Turkey and Russia Federation (Russia afterwards) have steadily developed over the last 23 years and the total trade volume reached $23.9 billion in 2015. Tourism and energy sectors are growing significantly. However, in 2015, Turkeys exports to Russia decreased by 39% while imports fell by 19%. The aim of this paper is to represent sector based trade information between Turkey and Russia in order to provide a comprehensive analysis of bilateral trade of the two countries. Trade trend shows that without facing domestic or external political conflicts, the trade volume has increased between Turkey and Russia. Therefore, bilateral trade relations can have positive effects on these economies.