Bahmani-Oskooee, M.Karamelikli, H.2024-09-292024-09-2920201611-6607https://doi.org/10.3790/aeq.66.2.93https://hdl.handle.net/20.500.14619/8947We consider the short-run and the long-run effects of the real Turkish Lira-Euro rate on the trade balance of each of the 64 industries that trade between Turkey and Germany. We find relatively more significant effects by estimating a nonlinear ARDL model for each industry. Indeed, the approach of separating currency depreciation from appreciation identified the five largest Turkish industries that engage in more than 50 % of the trade between these two countries and that benefitted from Turkish Lira depreciation against the Euro. © 2020 Duncker und Humblot GmbH. All rights reserved.eninfo:eu-repo/semantics/closedAccessAsymmetric CointegrationIndustry DataJ-CurveNonlinear ARDLTurkish-German TradeArticle10.3790/aeq.66.2.932-s2.0-851228492141292Q49366