Identification of Comparative Advantages of Agricultural Products and Products of Processed Food Sector of Serbia

Identification of Comparative Advantages of Agricultural Products and Products of Processed Food Sector of Serbia

DOI: 10.4018/978-1-5225-2762-6.ch003

Abstract

In the third chapter, the authors were studying the competitiveness and comparative advantage of agricultural products and products of processed food sector of Serbia on international market. Readers will be familiar with the foreign trade exchange of agricultural products and products of processed food sector in the period 2005-2015. They will find out for which products the indices of comparative advantage of export have a positive value and will understand the connection with a surplus in foreign trade exchange of agricultural products and products of processed food sector. Readers will be informed on products that prevail in export, i.e. will perceive the export potential of Serbian food industry. They will see which sectors aren't sufficiently propulsive and need to provide an adequate support in the future. Readers will be familiar with developmental problems of agri-food sector of other countries and will understand the significance of transfer of knowledge and experience in the development of processed food sector of Serbia.
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Background

In this chapter, the authors showed their engagement recent years in the analysis of food industry competitiveness by using the same methodology. Most of studies are dedicated to the analysis of food industry competitiveness in the process of European integrations, aiming to perceive the directions of future reforms. It is important to recognize their conclusions, especially due to a reason Serbia is facing the similar challenges.

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