Abstract

The aim of the paper is to analyze the position and comparative advantages of the export sectors of the Republic of Serbia, using the RCA index, for the period from 2012 to 2017, both in the overall market and at the most important export destinations, such as the EU and the countries signatory to the CEFTA agreement. The research shows that the biggest potential is the "Animal and vegetable oils, fats and wax" sector, as it has the highest comparative advantage. Of the sectors with the largest exports, "Machines and transport devices" are distinguished, which on the CEFTA market has a significant comparative advantage, which is a sector that includes high-tech products and with its exports can significantly contribute to improving the structure of exports. A drastic drop in comparative advantages is recorded in the "Food and living animals" sector, as the largest part of the traditionally important agri-food sector. The analysis used the available databases of the Republic Institute of Statistics of the Republic of Serbia, using standard mathematical and statistical methods.

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