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REGIONAL COOPERATION AND ECONOMIC INTEGRATION

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CEFTA-2006 TRADE <strong>COOPERATION</strong><br />

3.1. Trade exchange of Albania<br />

Recorded statistical data point out that Albania and Moldova have the weakest capacity<br />

within the region. Albania especially has a weak export capacity for agricultural products.<br />

Total exports of agricultural products for 2007 amounted a bit more than 10 million<br />

Euro, while for the first six months of 2008 it was only about 2 million Euro. Most of the<br />

agricultural imports were fruits, oil seeds and plants, vegetables and beverages and spirits.<br />

Almost half of these exports were determined for Kosovo, while other important partners<br />

were Serbia, Macedonia and Croatia.<br />

About 41.2% of the total non-agricultural exports from Albania to CEFTA-2006 trade<br />

partners consist of iron and steel, 18.47% of mineral fuels and 13.6% of plaster and cement.<br />

Other items are present only in small portions. Here also half of this export was determined<br />

to Kosovo and about ¼ to Macedonia.<br />

On the import side of agricultural products in Albania are present: animal and vegetable<br />

fats and oils with 21.7%; products of the milling industry with 14.97%, beverages and<br />

spirits with 10.47%; followed by imports of vegetables (8.35%) and miscellaneous edible<br />

preparations (7.49%). Almost 2/3 of these imports come from Macedonia, Serbia and<br />

Kosovo.<br />

Half of the Albanian total CEFTA non-agricultural imports consist of mineral fuels, while<br />

the rest of the imports are rather fragmented on different items, among which 18.52%<br />

consist of iron and steel. The major part of these imports - 2/3 - derives from Serbia,<br />

Macedonia and Croatia (Calculated on basis of data from the Mission of the Republic of<br />

Macedonia in Brussels, March 2009).<br />

3.2. Trade exchange of Bosnia and Herzegovina<br />

Bosnia and Herzegovina is quite an opposite case in comparison with Albania. It is heavily<br />

dependent on trade both of agricultural, as well as of non-agricultural goods from CEFTA-<br />

2006 countries. The export of agricultural products consists of diary products (17.58%),<br />

animal and vegetable fats and oils (11.71%) and preparations of cereals and flour (11.40%).<br />

Half of the agricultural export goes to Croatia, 1/3 to Serbia, and there is a significant<br />

participation of Monte Negro.<br />

Among the non-agricultural export items the most important are: mineral fuels (18.53%),<br />

iron and steel (15.30%), aluminum and aluminum products (12.87%), products of iron<br />

and steel (11.34%) and wood and products thereof (10.09%). The most important trading<br />

partners that import about 90% of its total CEFTA-2006 export are Croatia and Serbia.<br />

The import structure of agricultural products is rather fragmented. The most important<br />

import items here are: beverages and spirits (20.20%), tobacco and cigarettes (9.23%),<br />

preparations of cereals and flour (8.31%), products of the milling industry (8.30%) and<br />

diary products (7.09%). Almost all of the imports of these products originate from Croatia<br />

and Serbia, and a small portion from Macedonia.<br />

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