Volume 60, Issue 1

Volume : 60
Issue : 1
   
Authors : Miomir JOVANOVIĆ, Aleksandra DESPOTOVIĆ
Title : ANALYSIS OF POSITION OF AGRO-FOOD TRADE IN MONTENEGRO’S FOREIGN TRADE
Abstract : This paper analyses the position of foreign trade of agricultural-food products in the total foreign trade operations of Montenegro, in the period 2005 - 2010. Trade of agricultural-food products has had a pronounced dynamism, so that its value reached 433.1 million Euros (2010), an increase of 93.6 % compared to the 2005. During the 2010 year, the value of imports of agricultural-food products amounted to 388.1 million euro, or 117.3 % more than in 2005. The value of exports was significantly lower and amounted to 45.03 million euros in 2010 or 0.1 % lower than in 2005. Thus, the import of agricultural-food products had a more dynamic growth than export. Participation of imports of agricultural-food products in total imports of Montenegro has decreased from 3.2 % in 2005 to 2.2 % in the 2010, while participation of exports increased from 12.6 % to 19.5 % during the same period. Exports of agricultural-food products, during the 2010 had the following structure: 46.8 % drinks and tobacco, 20.7 % fruits and vegetables, 11.4 % meat and processed meat products 5.6 % cereals and processed products and 1.04 % fish and processed products. During the same year imports of agricultural - food products had the following structure: 19.6 % meat and processed meat products, 16.5 % drinks and tobacco, 12.0 % cereals and processed products 10.5 % fish and processed products and 8.7 % fruit and vegetables. Trade with the EU - 27 in the 2010 saw a participation of 56.0 % of the total export and 38.0 % of total imports. The main trade partners were Serbia, Italy, Greece, Slovenia, Hungary and Germany. Trade of agricultural-food products is becoming more specific area of the Montenegrin economy due to the high participation of the trade deficit to GDP ratio, the level of imports in total GDP and total trade deficit.
For citation : Miomir JOVANOVIĆ, Aleksandra DESPOTOVIĆ (2014): ANALYSIS OF POSITION OF AGRO-FOOD TRADE IN MONTENEGRO’S FOREIGN TRADE. Agriculture & Forestry, Vol. 60. Issue 1: 235-243, Podgorica
Keywords : agro-food products, efficiency, foreign trade, trade partners
   
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ISSN 0554-5579 (Printed)
ISSN 1800-9492 (Online)
DOI : 10.17707/AgricultForest

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