UDC 339.5(497.11:6)”2001-“
Biblid: 0543-3657, 61 (2010)
Vol. 61, No 1139, pp. 102-124
DOI:

Izvorni naučni rad
Received: 15 Jun 2010
Accepted: 01 Jan 1970

SERBIA’S FOREIGN TRADE RELATIONS WITH AFRICAN STATES SINCE 2001

Vukanić Ratko (Istraživač-pripravnik, Institut za međunarodnu politiku i privredu, Beograd), ratko@diplomacy.bg.ac.rs

The paper presents an analysis of the main characteristics of Serbia’s foreign trade relations with African states in terms of volume, value, geographic and product structures, the economic feasibility analysis of improving the trade relations with African states and the completion of strategy of increasing exports, which the Government of Serbia adopted in June 2008. African countries since 2001. have a small share in total foreign trade of Serbia, on average 1-2% annually. Republic of Serbia has not concluded a trade agreement neither with African states, nor with the African regional economic communities, African Union or the African Economic Community. But there are long-term agreements on trade and economic cooperation, which former Yugoslavia concluded with some African states that are still in force and guarantee to the contracting parties the most favoured nation treatment. Serbia’s most important trading partners are Egypt, Libya, Tunisia, Morocco and Algeria in North Africa; Kenya, Tanzania, Uganda and the Seychelles in East Africa; Equatorial Guinea, Congo, DR Congo and Cameroon in Central Africa; Nigeria, Ghana and Ivory Coast in West Africa and the Republic of South Africa and Angola in South Africa. The Government strategy envisaged the export increase only to the countries of North Africa, although the increase of export to all five African regions is economically well founded.

Keywords: Serbia’s foreign trade, African markets, export markets analysis, Serbian exporters to Africa, Serbian importers from Africa, Serbian Government export improvement strategy