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Export of Agricultural and Food Products of Serbia

Author

Listed:
  • Biljana Grujić

    (Institute of Agricultural Economics Belgrade, Belgrade, Serbia)

  • Marijana Joksimović

    (Megatrend University, Graduate School of Business Studies, Belgrade, Serbia)

  • Biljana Stojanović

    (Megatrend University, Faculty of Geoeconomics, Belgrade, Serbia)

Abstract

Agricultural production is supported by the food industry allowing the placement of agricultural products with a higher processing phase achieve higher value of surplus of balance payments in this activity. The work structure can be analyzed in two parts. The first part considers the key specifics and problems of financing agriculture and food industry of Serbia (low contribution of agriculture in the creation of gross domestic product - GDP, small allocations for the agrarian budget, unfavorable agrarian loans with commercial banks, etc.). The second part of the article presents the structure of exports of agriculture and food industry of Serbia from 2011 to 2016. In the six-year period, cereals and cereal-based products, as well as fruits and vegetables, dominate the country's total exports. The average share of cereal exports in total exports of the country was around 5.5%, and fruit and vegetables about 5.2%.

Suggested Citation

  • Biljana Grujić & Marijana Joksimović & Biljana Stojanović, 2019. "Export of Agricultural and Food Products of Serbia," International Journal of Sustainable Economies Management (IJSEM), IGI Global, vol. 8(3), pages 1-17, July.
    • Handle: RePEc:igg:jsem00:v:8:y:2019:i:3:p:1-17
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