Impact of the Foreign Trade of Agro-Industrial Products between Serbia and Russian Federation

Kuzman, Boris and Stegić, Milan and Jeločnik, Marko (2015) Impact of the Foreign Trade of Agro-Industrial Products between Serbia and Russian Federation. In: Proceedings, VIII International scientific conference - Modern problems of national economic development. Stavropol State Agrarian University, Stavropol, Russia, pp. 6-16. ISBN 978-5-9906853-7-6

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Abstract

Since 2000, Republic of Serbia and Russian Federation have been regulated their economic relations through the Free Trade Agreement, by which is encouraged mutual exchange of goods, after a rapid fall in trade exchange during the nineties’ of the XX century. In paper is analyzed the inter-countries exchange of agro-industrial products within the period 2004-2013, in order to determine the effects of Free Trade Agreement implementation and to identify those agro-industrial products whose exchange can be encouraged. Analysis of mutual exchange with mentioned products covers products by SITC classification (Section 0 - Food and live animals and Section 1 - Beverages and tobacco), using the certain statistical methods, as are exponential trend, arithmetic average, rate of change and coefficient of variation.

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