EXPORT OF AGRICULTURAL AND FOOD PRODUCTS IN THE FUNCTION OF ECONOMIC GROWTH OF REPUBLIC OF SERBIA
Đurić, Dejan | Ristić, Jelena | Đurić, Dragana | Vujanić, Ivana
A low export activity and a high level of trade defcit are negative features of the Serbian trade with foreign countries in the long run. Considering the state of foreign trade flows of our country, it is clear that the increase in exports of goods and services is emerging as one of the most important tasks of economic policy in the years to come. In this sense, the main goal of this work is the understanding of the importance of the agricultural and food products sector in foreign trade of Republic of Serbia, as well as proposing of measures to be taken towards encouraging export and raising competitiveness of the sector in the international market. Agricultural and food sector can signifcantly contribute to reduction of the trade defcit and boost the export activities of the national economy. However, the potentials of this sector have not yet been fully utilized. Although exports of agricultural and food sector have a dominant position in the structure of domestic exports, its competitiveness is still at a low level, and the increase of competitiveness and the degree of processing of these products stand out as the key challenges in the future.
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