EXPORTS AND IMPORTS OF MAJOR FOOD ARTICLES (IN YUGOSLAVIA FROM 1967-1972)
EXPORTS AND IMPORTS OF MAJOR FOOD ARTICLES (IN YUGOSLAVIA FROM 1967-1972)

Summary/Abstract: Despite Yugoslavia’s extraordinary agricultural potentiality, farming does not play a corresponding role in her national economy. The unfavorable structure of investment has caused farming to lag behind both in respect of the economy as a whole and in the balance of trade and payments. Agriculture contributes today only about 20 per cent of the gross domestic product. Hence sporadic shortages of some staple foods (wheat, oil and sugar) and insufficient exports of some other products which have traditionally ranked high on the list of Yugoslav shipments abroad (maize, pork and poultry meat). Only a limited number of food articles are exported in quantities corresponding to the country’s natural resources and production potential, viz.: beef (to a major extent) and wine and tobacco (to a less extent). The proportion of food in total exports has shown a downward trend in recent years, decreasing from 19.8 per cent in 1967 to 12.7 per cent in 1972. This trend is all the more unfavorable since at the same time imports of food articles which were earlier exported increased steadily.

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