FOREIGN TRADE EXCHANGE OF AGRICURTURAL AND FOOD PRODUCTS OF SERBIA AND BOSNIA AND HERCEGOVINA
DOI: 10.5937/etp2403075P
Keywords:
agricultural and food products, import, exportAbstract
The aim of the paper is to analyze the trends and structure of
foreign trade in agricultural and food products between the Republic of
Serbia and Bosnia and Herzegovina, classified according to the Standard
International Trade Classification (SITC). The analysis covers section 0 -
Food and live animals, section 1 - Beverages and tobacco, parts of section
2 - Crude materials, and section 4 - Animal and vegetable oils, fats and
waxes. The research is based on available data for the period 2019-2023.
The share of individual products in total exports and imports was examined
using frequency analysis and variation intervals. In the exchange of
agricultural and food products with Bosnia and Herzegovina, the Republic
of Serbia achieved an average surplus of 442.4 million USD during the
analyzed period. By commodity division, the largest surplus was seen in the
exchange of cereals and cereal preparations, averaging 116.5 million
USD, while the largest trade deficit was observed in the exchange of fish
and processed products, averaging 5.2 million USD. The authors
concluded that good export results were achieved during the observed
period, with a growth rate of 6.20%
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