Econometric Assessment of Azerbaijan's Logistics Capabilities in Terms of Relations with Turkic-Speaking States

Modern world grows very fast every day. The main arrow of every state economy is logistics sector, which is increasing very dynamically. The Turkic Speaking States are locating on the Historical Great Silk Road. The total of territory and population of those countries are 4 732 082 km2 and 157 949 505 people. After collapsing the USSR, the five Turkic Speaking States get independence (Azerbaijan, Kazakhstan, Uzbekistan, Turkmenistan and Kyrgyzstan), economy and political policy of those states have been changed to the modern market rules. The most of those countries economy base on the raw materials, gas and petroleum. For exporting of all those raw materials the States need strong logistics systems. The article illustrates the economic development of logistics sectors and trade over between Turkic Speaking States. This research will help to open the problems and find out the solution, implementation of the logistics policy for all of them. Using strong and different fundamental databases, such as statistic of those countries, trade balance, logistics relations, import and export dates, different correlation methods and economic models, the international resource and powerful academic literature help to describe the potential of economy relation and real situations, perspectives, problems and logistics power of the Turkic Speaking States.