1. Serbia oil crops export potentials
- Author
-
Matkovski Bojan, Jeremić Marija, Đokić Danilo, and Jurjević Žana
- Subjects
exports ,markets ,oil crops ,sunflower ,Plant culture ,SB1-1110 ,Biotechnology ,TP248.13-248.65 - Abstract
Oil crops are very significant, both in the world and in Serbia. In terms of production, the three most important oil crops in Serbia are sunflower, soybean and rapeseed. Beside significant oil crops production, substantial quantities of oil are produced as well due to significant processing capacities in Serbia. Considering the fact that over the last few decades Serbian market has been characterized by integration with the international market and considering the actual market liberalization with the EU, CEFTA countries, Russia and others, this paper analyses production and export of oil crops with special emphasis on comparative advantages in the export of oil crops using the method of revealed comparative advantage. Also, the level of intra-industry trade is considered in relation to the international market, EU and CEFTA countries. The results indicate that oils have more significant comparative advantage on the international market, especially sunflower oil.
- Published
- 2020