Comparison of Export Performance of Organization of Turkic States: CRITIC and LOPCOW Based CoCoSo Application

In this study, the export performance of the member countries of the Organization of Turkic States (Azerbaijan, Kazakhstan, Kyrgyzstan, Türkiye, Uzbekistan) between 2019 and 2023 was analysed comparatively using Multi-Criteria Decision-Making (MCDM) methods. The evaluation of export performance was based on the following criteria: net export value, export per capita, export unit value index, global market share in exports, export growth rate, high-tech exports, the share of goods exports in GDP, and export product diversity. In the study, the CRITIC and LOPCOW methods were first used to weight the criteria, followed by a common weighting method created by integrating these two methods. The CoCoSo method was then applied to determine the rankings of the countries. As a result of the analysis, Azerbaijan ranked first as the country with the highest overall export performance in all methods. Kazakhstan generally ranked second, Uzbekistan third, Kyrgyzstan and Türkiye fourth and fifth, respectively. The findings indicate that the most important criteria affecting export performance are product diversity, export unit value index, and net export value. The study contributes to the analysis of export performance among members of regional economic organisations using MCDM methods and provides guidance on developing current gaps, particularly for the countries of the Organization of Turkic States.