Miteva-Kacarski, Emilija and Cabuleva, Kostadinka and Georgieva Svrtinov, Vesna (2020) Analysis of the trade relations between the Republic of North Macedonia and the Republic of Serbia. Knowledge - International Journal, Scientific Papers, 41 (1). pp. 143-149. ISSN 2545-4439
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Abstract
The Republic of Serbia is one of the most important trade partners of the Republic of North Macedonia. Taking into account this fact, in this paper it has been made an analysis of the value, dynamics and structure of the foreign trade between the Republic of North Macedonia and the Republic of Serbia for the time period of 2009-2019. It has been also analyzed the competitiveness of Macedonian products at the Serbian market so that the product categories with a comparative advantage can be determined, using the Standard International Trade Classification and the Balassa Index. The results of the analysis point to the fact the Republic of Macedonia has a comparative advantage in the export of crude materials, except fuels and in the export of mineral fuels, lubricants and related materials, which is confirmed by the increased export of oil seeds and electricity. Keywords: The Republic of North Macedonia, the Republic of Serbia, foreign trade, comparative advantage, Balassa Index.
Item Type: | Article |
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Subjects: | Social Sciences > Economics and business |
Divisions: | Faculty of Economics |
Depositing User: | Emilija Miteva |
Date Deposited: | 21 Oct 2020 07:06 |
Last Modified: | 21 Oct 2020 07:06 |
URI: | https://eprints.ugd.edu.mk/id/eprint/26672 |
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