Competition and Specialization Analysis of N11 Countries in the EU Market According to Net Trade Index

This study aims to reveal the level of specialization in foreign trade of N11 countries (Bangladesh, Egypt, Indonesia, Iran, Iran, South Korea, Mexico, Nigeria, Pakistan, Philippines, Turkey and Vietnam) by using the Net Trade Index (NTI) with data for the period 2000-2022. In this context, the level of specialization in the foreign trade of these countries is analyzed sectorally on the basis of technology according to ISIC Rev. 3 classification. A few of the countries examined were able to gain competitive advantage and comparative advantage in foreign trade only in certain product sectors during the period under review. The disadvantage in other products negatively affects the competitiveness of the countries in foreign trade throughout the period analyzed. When we make an analysis for the future periods, it is concluded that if a few of the countries invest in technology-intensive sectors, they can gain a comparative advantage in the framework of foreign trade.