REGIONAL COOPERATION AND ECONOMIC INTEGRATION

Table 2: Data on exports of agricultural and non-agricultural goods among
CEFTA-2006 members and their total world trade**
Albania
2007 2008*
B&H
2007 2008*
Croatia
2007 2008*
CEFTA-2006 TRADE COOPERATION
Macedonia
2007 2008*
Moldavia
2007 2008*
M. Negro
2007 2008*
Total exp. of
AG products
CEFTA-2006
17.54 %
6.65%
70.52%
75.60%
43.92%
46.84%
48.23%
54.72%
1.29%
3.13%
89.64%
94.30%
Total exp. of
AG products
of the world
(in mill. EUR)
57.23
38.00
166.10
86.24
953.57
411.50
468.71
265.28
371.22
156.01
53.17
24.93
Total exp.
of NON-AG
products
CEFTA-2006
4.58%
6.06%
33.80%
34.43%
19.58%
20.93%
26.52%
31.54%
0.27%
0.43%
23.41%
27.64%
Total exports
of NON-AG
products of
the world (in
mill. EUR)
727.46
665.62
2869.2
1626.3
8097.9
4191.5
2887.5
1804.7
609.89
326.90
577.86
232.58
Total exp.
from CEFTA-
2006
14.79%
6.09%
35.81%
36.50%
22.27%
24.23%
29.55%
34.51%
0.65%
1.30%
28.99%
34.10%
Total exports
from the
world (100%)
784.09
703.62
3035.3
1712,6
9001.6
4603.0
3356.2
2070,0
981.12
482.92
631.03
257.51
Source: Calculated on basis of data from the Mission of the Republic of Macedonia in Brussels, March 2009
*Note: Data for 2008 are accounted only for the first six months of the year
** Note: Due to methodological problems of incomparability, data on Serbian trade exchange within the
region are not included in the table.
Table No. 2 clearly points out the heavy dependence of CEFTA-2006 member state on
exports of agricultural goods. But there is also a significant interdependence of exports of
non-agricultural goods. Data published by the Economic Chamber of Serbia in July, 2008,
also confirm the above mentioned conclusion. However this is not the case with the two
smallest members – Albania and Moldavia. The tendency of increasing interdependence
on all kinds of exports kept going on in the first six months of 2008, and there is no doubt
that this tendency was maintained until the end of the year. Following the time-schedule
for complete liberalization of agricultural goods and for creation of a free trade area for
agricultural goods until May, 2009, a further increment of the interdependence of trade
exchange of agricultural goods might be expected, especially the unprocessed ones .
However, the following Table No.3, does not confirm the same interdependence of CEFTA-
2006 member-states on their trade exchange of goods on the import side. This is especially
true for the import of non-agricultural goods, where the most of the countries record less
than 10% of their total import for this kind of products from CEFTA-2006 countries. This is
though not the case with Bosnia and Herzegovina and Monte Negro. They depend on more
than a half of their total trade exchange of non-agricultural goods and on more than 2/3 of
their total trade exchange of agricultural goods on their CEFTA-2006 trade partners.
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