FOREIGN TRADE OF AGRO-INDUSTRIAL PRODUCTS IN THE COUNTRIES OF DANUBE REGION

Abstract

The main objective of this research is to examine the manifested trends, structure, and regionally comparative analysis of exports, imports and foreign trade of agro-industrial products between the Republic of Serbia and the countries of Danube region. Republic of Serbia has exported agro-industrial products valued at $ 346.2 million averagely. In the analyzed time period (2004-2010.) export to the region countries is growing at a moderate rate of 9.2 per year. The most important export is carried out to Germany, which has absorbed a third of average exports. Average import was $ 187.1 million, with a growing endency at a moderate rate of 7.5% per year. Republic of Serbia has recorded a positive balance of foreign trade with countries in the region in the amount of $ 159.1 millions. The negative balance was achieved with Croatia, Bulgaria and Moldova.

Keywords

• agro-industrial products, exports, imports, foreign trade, balance, Danube region.