Czech Foreign Trade with Meat and Meat Products

Český zahraniční obchod s masem a masnými výrobky

Karina Pohlová, Josef Mezera and Jindřich Špička

Acta Oeconomica Pragensia, 2016, vol. 2016, issue 2, 63-80

Abstract: The meat production and meat processing industry are the most important parts of the agribusiness in the Czech Republic. The problem of the industry is its low competitiveness towards foreign producers and processors which results in negative balance of foreign trade. The aim of the article is to evaluate long-term development of value and structure of Czech foreign trade flows of meat and meat products. The analysis covers the period of 2001-2014. The problems of the negative trade balance are revealed through description of the trade flows of meat and meat products, the RCA index and relations between import and export prices. The analysis points out the problems of low competitiveness of the intermediate and finalized meat. Alternatively, Czech Republic has comparative advantage in live animals, sausages and homogenized meat products.

Keywords: relative comparative advantage; trade balance; trade flows; meat processing industry (search for similar items in EconPapers)
JEL-codes: F14 Q17 (search for similar items in EconPapers)
Date: 2016
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DOI: 10.18267/j.aop.532

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