OTTOMAN TRADE RELATIONS IN THE 19th CENTURY

Ottoman Empire’s location and, especially Istanbul, was one of the important cities both for the Ottoman State and Europe due to trade routes and commercial transactions. The present study will focus on the trade relations between the Ottoman State and Europe in 19th century, and aimed to demonstrate the consequences of various trade transactions conducted by the state in the 19th century. While the Ottomans benefited from commercial transactions, the present paper claims that trade relations and contracts, especially, in the 19th century, created economic problems in the Empire. The negative consequences had adverse effects on the economic development of the Ottoman State in the 19th century. The aim of the present study is to demonstrate that Ottomans benefited from the reforms and commercial activities in the short term, however suffered negative consequences in 19th century as observed in history