Structure of exports and imports of milk and dairy products from Serbia

Abstract

The structure of the milk supply market depends on processing capacities in Serbia, which are more oriented to the production of dairy products pasteurized and sterilized milk and fermented dairy products (yoghurt, cream, sour milk, etc.), while the production of solid dairy products (cheeses, cream, spreads, butter, powdered milk, etc.) is significantly lower. Taking into consideration the current situation in Serbia regarding the primary production, purchase and processing of milk, an overview is given of the foreign trade balance of milk and dairy products and their participation in exports and imports. The analysis of the foreign trade of milk and dairy products for the period 2007- 2017 highlights products that are exported and have stable export tendencies, as well as scarce products which are imported and have a markedly negative balance sheet in the observed period. We also analyzed major export-import destinations of Serbia for the trade exchange of milk and dairy products, which primarily refers to the CEFTA countries, the European Union and the Russian Federation.

Keywords

• milk and dairy products
• foreign trade
• positive and negative balances