Technological Product Exports: Plays a Strategic Role in the Global Economy

Technology has become the backbone of global trade today. Exports of technological products have a unique strategic importance compared to other types of exports. Here are the main points that underline its importance in this field:

1. Innovation and Competitiveness:Technological products provide competitive advantage by reflecting a country's innovation capacity. These products increase the ability to compete with other countries because they are produced with advanced technology and engineering. High quality technology products are the key to gaining a solid place in the global market.

2. Added Value and Employment Creation:Technological products are generally high value-added products. High added value supports a country's economic growth and creates employment. Jobs in the technology sector generally increase the level of education and expertise because they require skilled labor.

3. Economic Diversification and Resilience:Exports of technological products diversify a country's economy and reduce foreign dependency. It provides resistance against recessions experienced in other sectors, because the technology has a wide application area as it is used in every sector.

4. Knowledge and Skills Transfer:Export of technological products promotes the transfer of knowledge and skills between countries. Exporting countries have opportunities to learn from other countries to adopt new technologies and develop their own industries. This accelerates global technological progress.

5. Power and Prestige in International Relations:Technological leadership increases a country's power and prestige in the international arena. A country that produces high-tech products has the chance to establish strategic collaborations with other countries and become an effective player in the international arena.

Export of technological products is a dynamism that triggers not only economic but also social and cultural development. Therefore, in this period when competition between countries is increasing, the export of technological products plays a strategic role in the global economy and makes a significant contribution to the development of countries.