Competitiveness And Potentials Of Serbia’s Agrarian Foreign Trade Cover Image

Конкурентност и потенцијали аграрне спољне трговине Србије
Competitiveness And Potentials Of Serbia’s Agrarian Foreign Trade

Author(s): Dragiša Vićentijević, Milan R. Milanović, Simo Stevanović
Subject(s): Economy
Published by: Универзитет у Нишу
Keywords: Agriculture; Export; Competitiveness; Opportunity Costs

Summary/Abstract: Considering the structural importance of the agri-food sector in Serbian economy, this paper analyzes the main features of foreign trade, in particular the sectoral dynamics and changes in volume and structure of agricultural exports. This is the basis on which the internal competitiveness of certain commodity sectors is established, export potentials are identified, and opportunity costs of Serbian agricultural foreign trade are indicated by means of a targeted comparative analysis of several annual series of data using specific methods of analysis of the total and intra-agrarian relative coverage of import by export (coefficient calculation and ranking). Comprising a quarter of total Serbian exports, the agricultural foreign trade of Serbia, with its very high coverage of imports by exports and a positive balance, which represents about one-tenth of the total exports, clearly has serious potential for development, balance, and overall macroeconomic and social stability. The main exporting sector of the agri-food industry is food and live animals, which has two key features: first, it is by far dominated by two subsectors with an approximately equal share (cereals, whose share is significantly increasing, and fruits and vegetables, whose share is declining), which together make up nearly half of the total agricultural exports; second, it is marked by marginal and declining importance of the meat and meat products subsector, whose share in the last six years has been halved.

  • Issue Year: 2013
  • Issue No: 01
  • Page Range: 297-317
  • Page Count: 21
  • Language: Serbian