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Bilateral Trade Flows between Western balkan Countries

In: European Integration Process in Western Balkan Countries

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Listed:
  • Elena Baranenko

    (Institute of Economic Sciences)

  • Sasa Milivojevic

    (Institute of Economic Sciences)

Abstract

The development of trade relations between Western Balkan countries represents very complicated and long-term process, including regional and trade integration. In this chapter we analysed foreign trade performances and various factors that used to affect on trade results between Western Balkan countries. Also, we gave preview of bilateral trade flows between each country in this region. Factors such as CEFTA agreement signing and creation of free trade area gave results and slight improvement of situation in this field. However, there still remained many unsolved issues and problems. Countries of this region need to continue mutual cooperation and dialogue on all levels in order to avoid complications in trade relations and economic development.

Suggested Citation

  • Elena Baranenko & Sasa Milivojevic, 2012. "Bilateral Trade Flows between Western balkan Countries," Book Chapters, in: Paulino Teixeira & António Portugal Duarte & Srdjan Redzepagic & Dejan Eric (ed.), European Integration Process in Western Balkan Countries, edition 1, volume 1, chapter 21, pages 416-434, Institute of Economic Sciences.
  • Handle: RePEc:ibg:chaptr:euinpro-21
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    References listed on IDEAS

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    1. Will Bartlett, 2009. "Regional integration and free-trade agreements in the Balkans: opportunities, obstacles and policy issues," Economic Change and Restructuring, Springer, vol. 42(1), pages 25-46, May.
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