Digitalni repozitorijum
Univerziteta u Beogradu
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Serbia between the European Union and the Euroasian Economic Union : What Does Trade Statistics Demonstrate?
Dragutinović Mitrović, Radmila
Abstract: to preserve and improve economic relations with its eastern partners. With intention to deepen trade relations with Russia, as one of the most important trade partners, but also with other eastern countries, Serbia signed a free trade agreement with the Eurasian Economic Union (EAEU) in 2019, which came into effect in July 2021. Bearing in mind all mentioned facts, this paper deals with statistical analysis of trends of Serbia’s trade with the EU and the EAEU in the period 2004-2020, within different trade regimes. Apart from that analysis, the intention is to compare Serbia-EU and Serbia-EAEU trade based on different trade statistical indicators, such as import and export propensity, export market diversification, changes in export diversification and competitiveness in its most important markets, export product diversification, trade structure by countries and sectors. The aim is to get preliminary conclusions about benefits for Serbia from its trade with the EAEU and about possibility for trade diversion to that new trade market. This analysis should be observed as an initial step for further econometric analysis of trade potentials in Serbia-EAEU relations, by using gravity panel data model.
engleski
2021
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Keywords: Serbia-EU trade, Serbia-EAEU trade, CEFTA 2006, trade statistical indicators