Year 2012, Volume 58 Issue 2

Year : 2012
Volume : 58
Issue : 2
   
Authors : Drago CVIJANOVIC, Anton PUSKARIC, Branko MIHAILOVIC
Title : FOREIGN TRADE EXCHANGE OF AGRO-FOOD PRODUCTS OF THE REPUBLIC OF SERBIA AND MONTENEGRO – STATE AND TENDENCIES
Abstract : The conducted research aims to describe the current trends and structure of the exchange of agricultural nutritional products between the Republic of Serbia and Montenegro. Foreign trade exchange is analyzed by the Standard International Trade Classification (SITC) for the products within Sector 0 (food and live animals), Sector 1 (Beverages and tobacco), Sector 2 (Crude materials), and Sector 4 (Animal and vegetable oils and fats). The research was based on available data for the period of 2007-2011. Within the mentioned sectors, the foreign trade exchange is analyzed in detail through the products sections, including a review of the most significant sections in the balance of the foreign trade exchange. Within the sections the products that dominate participation in the exchange are detailed. The paper discusses the possible benefits of cooperation, including improved trade relations between Serbia and Montenegro, and particularly in line with the exchange of agro-food products. In the exchange of agro-food products with Montenegro, the Republic of Serbia has realised, in the analysed period, a surplus of approximately 288.6 million USD. When broken up into the products' sections, the highest surplus was attained in the exchange of cereals and cereal preparations, taking an average of 52.8 million USD, while the trade deficit was seen in the exchange of fish and fish preparations as well as hides, skins and raw fur-skins, which amounted to 205 and 354 thousand USD, respectively.
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Keywords : agro-food products, foreign trade exchange, Republic of Serbia, Montenegro
   
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