The effect of external input dependence on Turkish foreign trade: Manufacturing industry

In today's world, where trade relations between countries have gained a new dimension and develops gradually, disruption of income distribution and the dependence of countries on foreign countries constitute a big problem especially with regard to developing economies. External input dependent countries transfer their resources while performing their growth and development and therefore a deterioration in the living standards of the members of the country is observed. In addition, internal macroeconomic indicators such as economic growth, inflation, unemployment and interest rates are also instability due to external input dependency. In this context, Turkey's goal of like obtainable an important place in international competition and sustainable export growth were investigated. In the first part of the study, the theoretical framework of foreign trade is included and the definition of dependency of foreign input and dependency theories are examined. In the second part of the study, the historical course of the foreign trade structure of Turkey's economy, import by groups of goods and distribution of exports by basic sector were searched in Turkey's economy. In the third part of the study, the external input dependence of the manufacturing industry sector, which is the key sector of production and exports, was analyzed. On the other hand, the effects of changes in exchange rates on the manufacturing industry sector and sustainability of external input Dependency in Turkey's economy have been demonstrated. As a result of the study, it was seen that there is a strong relationship between exchange rates and manufacturing industry input prices-costs in Turkey's economy and due to current foreign exchange obligation of Turkey's economy, sustainability of import input dependency is becoming increasingly difficult.