Foreign trade of agricultural products between Serbia and the European Union: Problems and perspectives

Abstract

The aim of this paper is to analyse trade relations between Serbia and the European Union, from the perspective of trade in agricultural products. An overview of the changes in the economic structure of Serbia, which resulted from the transition to a system of market economy and in which agriculture gained greater developmental significance than it had in the previous period, represents the starting point of the analysis. The trade of agricultural products between Serbia and the EU countries has been on an upward trend since the beginning of the century, and Serbia has achieved a positive balance in that trade. However, the structure of Serbian export points to a problem of low export competitiveness. This problem could be overcome by acting gradually on various segments of production, trade and promotion of agricultural products, which the authors of the paper define in the form of a proposal. Trade in agricultural products between Serbia and the EU is part of their overall economic relations and contributes to the process of Serbia's integration into the EU, so positive trends related to this aspect of their relations can be expected in the future.