WORLD MARITIME TRADE AND TURKISH FOREIGN TRADE RELATIONS: AN ECONOMETR？C ANALYSIS

Sea, shipping, sea transportation etc. consepts have not lost their importance throughout the history of the world and have played important roles in the formation and development of civilizations. Approximately 75% of the world trade is done by sea. There are several reasons why maritime transport is still the most preferred transport alternative. Turkey is also a major maritime country where more than half of total exports and imports by sea. In the study, world maritime trade and trade relations with Turkey were investigated. For this purpose, representing the world maritime trade, the Baltic Dry Index (BDI) and Turkey's total export and import figures were taken. The results showed that Turkey is a country affected by world trade and affecting the position of world maritime trade