ISSN: 1304-7191 | E-ISSN: 1304-7205
Brics countries and türkiye’s competition comparative analysis of the furniture industry sector
1Karadeniz Technical University, Dept. of Forest Industry Eng., TRABZON
Sigma J Eng Nat Sci 2020; 11(): 149-158
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Abstract

Economic problems driven by global crises have led to an increase in the power of developing countries against the economies of developed countries and created global economic unions. The economic union (BRIC), which was established by Brazil, Russia, India and China, which are considered to be the four biggest economies of the 21st century together with the United States, and represented by 5 countries with the inclusion of South Africa in 2011 and named as BRICS countries It has taken a leading position for developing economies. Our country in the evaluations made at the level of the foreign trade balance, which has a positive position BRICS Under the subgroup of the furniture sector (Brazil, Russia, India, China and South Africa) countries in the face of how competition works include the 2010-2019 year performed to determine whether to position Turkey and the BRICS countries The levels of competition and specialization were calculated with the help of the Revealed Comparative Advantages Approach. Study results are seen in the presence of intense competition among all subgroups level in Turkey and China.