STATE OF AGRO-FOOD FOREIGN TRADE IN BOSNIA AND HERZEGOVINA

Trade of agricultural products plays an important role in food security, development of production and processing of products, strengthening the economy and GDP growth. The aim of this paper is to establish the trend of trade of food, live animals, drinks and tobacco in Bosnia and Herzegovina (B&am...

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Main Authors: Mirjana Milovanović, Adriana Radosavac, Desimir Knežević
Format: Article
Language:English
Published: Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt 2018-09-01
Series:Ekonomika Poljoprivrede (1979)
Subjects:
Online Access:https://www.ea.bg.ac.rs/index.php/EA/article/view/882
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author Mirjana Milovanović
Adriana Radosavac
Desimir Knežević
author_facet Mirjana Milovanović
Adriana Radosavac
Desimir Knežević
author_sort Mirjana Milovanović
collection DOAJ
description Trade of agricultural products plays an important role in food security, development of production and processing of products, strengthening the economy and GDP growth. The aim of this paper is to establish the trend of trade of food, live animals, drinks and tobacco in Bosnia and Herzegovina (B&H). Foreign trade of food products in B&H has been investigated for the past six years (2012- 2017). In B&H, annual import of agricultural and food products exceeds BAM 2.5 million and the export is approximately BAM 600 million. Food production is a strategic interest of every country. The coverage of import by export was the highest in 2017 (29.9%) and 2016 (29.4%), while the lowest was in 2014 (18.4%). During the investigated period, there was a deficit of trade in B&H. Both export and import in agro-food sector have been increasing recently, while the volume of export has a higher growth than import.
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publishDate 2018-09-01
publisher Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
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spelling doaj.art-357a772bf562404ab4a9eee895c9e3f52023-05-17T16:57:20ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532018-09-0165310.5937/ekoPolj1803059MSTATE OF AGRO-FOOD FOREIGN TRADE IN BOSNIA AND HERZEGOVINAMirjana Milovanović0Adriana Radosavac1Desimir Knežević2Banja Luka College, Department for Business Management and Business Economics, Banja LukaUniversity Business Academy in Novi Sad, Faculty of Applied Management, Economics and Finance in BelgradeUniversity of Pristina, Faculty of Agriculture, Kosovska Mitrovica Lesak Trade of agricultural products plays an important role in food security, development of production and processing of products, strengthening the economy and GDP growth. The aim of this paper is to establish the trend of trade of food, live animals, drinks and tobacco in Bosnia and Herzegovina (B&H). Foreign trade of food products in B&H has been investigated for the past six years (2012- 2017). In B&H, annual import of agricultural and food products exceeds BAM 2.5 million and the export is approximately BAM 600 million. Food production is a strategic interest of every country. The coverage of import by export was the highest in 2017 (29.9%) and 2016 (29.4%), while the lowest was in 2014 (18.4%). During the investigated period, there was a deficit of trade in B&H. Both export and import in agro-food sector have been increasing recently, while the volume of export has a higher growth than import. https://www.ea.bg.ac.rs/index.php/EA/article/view/882agricultural productsproductionfoodmarkettradeeconomy
spellingShingle Mirjana Milovanović
Adriana Radosavac
Desimir Knežević
STATE OF AGRO-FOOD FOREIGN TRADE IN BOSNIA AND HERZEGOVINA
Ekonomika Poljoprivrede (1979)
agricultural products
production
food
market
trade
economy
title STATE OF AGRO-FOOD FOREIGN TRADE IN BOSNIA AND HERZEGOVINA
title_full STATE OF AGRO-FOOD FOREIGN TRADE IN BOSNIA AND HERZEGOVINA
title_fullStr STATE OF AGRO-FOOD FOREIGN TRADE IN BOSNIA AND HERZEGOVINA
title_full_unstemmed STATE OF AGRO-FOOD FOREIGN TRADE IN BOSNIA AND HERZEGOVINA
title_short STATE OF AGRO-FOOD FOREIGN TRADE IN BOSNIA AND HERZEGOVINA
title_sort state of agro food foreign trade in bosnia and herzegovina
topic agricultural products
production
food
market
trade
economy
url https://www.ea.bg.ac.rs/index.php/EA/article/view/882
work_keys_str_mv AT mirjanamilovanovic stateofagrofoodforeigntradeinbosniaandherzegovina
AT adrianaradosavac stateofagrofoodforeigntradeinbosniaandherzegovina
AT desimirknezevic stateofagrofoodforeigntradeinbosniaandherzegovina