Analyzing Competitiveness With The Revealed Comparative Advantage Index: The Case Of Türkiye And Finland

OpenAlex · İngilizce

Digitalisation has amplified the prominence of globalisation, making it a key topic across various fields, including economics, trade, culture, politics, and governance. International trade continues to evolve and transform rapidly, while technological progress has reshaped the nature of competition among countries, firms, and sectors. Exports are among the most significant factors in international competition. In this study, which aims to calculate the competitiveness of developed and developing countries, Finland, ranked high in the Global Competitiveness Index, is included as a developed country, and Türkiye, whose exports are increasing daily, is included as a developing country. To access the foreign trade data of countries, the databases of the Republic of Türkiye's Ministry of Trade and Trade Map were utilised, and the Harmonised System, accepted worldwide, was employed for product classification. Between 2018 and 2024, Türkiye's and Finland's RCA indices were calculated for 21 groups and 99 chapters, and their international competitiveness was analysed. As a result of the study, it was observed that Türkiye has a competitive advantage in more chapters. On the contrary, since Finland ranks among the top three in the Global Competitiveness Index and is classified as a developed country, the findings suggest that Türkiye should prioritise R&D investments aimed at producing high-value-added goods and should closely monitor and implement technological advancements to enhance its competitiveness.