Green Transformation

Trading at the Edge: The Role of Green Technologies in Turkey-Germany Trade

The study of the “Trading at the Edge: The Role of Green Technologies in Turkey-Germany Trade" conducted by the Centre for Economics and Foreign Policy Studies (EDAM) and supported by the Friedrich Naumann Foundation have been published.

At the end of September 2021, Turkey announced that it would ratify the Paris Agreement, which it had signed in 2016. Domestic and international developments, including the European green deal, makes it inevitable for Turkey to discuss its policy choices to converge to the green transformation process that is taking place globally. This paper evaluates Turkey’s potential in the green economy from a trade perspective. It aims to provide a new methodology for Turkey in measuring the green economy. Special attention is given to Germany, which is the largest trading partner of Turkey in our definition of green products. 41 products that fell under the broad sectors of Renewable Energy and Green Infrastructure, Transport Technologies, and Green Friendly Construction were analyzed during the trade analysis.