Effects of Free Trade Agreement on Trade between Türkiye and Serbia: Do Preferences Matter
Abstract In this paper, the authors analyze the effects of free trade agreement between Serbia and Türkiye on their trade in the period 2006-2024. After describing the trade patterns in historical perspective, we will display descriptive statistics on volume and structure of trade. Trade between two countries is developing very dynamically, but we want to explore if trade preferences from the bilateral trade agreement signed in 2009 and applied from September 1st 2010 play a significant role in boosting trade. Particularly we will explore how the preferences are used by the Serbian exporter companies in selected years. We will show how much of the preferences are being effectively used in accordance with the Preferences Utilization Rates (PURs) methodology. The data are from Serbian and Turkish sources as well as from UNCTAD stat database.
engleski
2025
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Keywords: Trade, free trade agreement, bilateral FTA, PURs, Serbia, Türkiye