The comparative advantage of Czech agricultural trade in relation to the most important trade partner countries in the period of 2008-2011

Lubos Smutka, Jaroslava Burianová and Anna Belova
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Jaroslava Burianová: Katedra ekonomiky, Katedra ekonomických teorií, Katedra obchodu a financí, Česká zemědělská univerzita v Praze, Kamýcká 129, 165 21, Praha 6 Suchdol, Česká republika
Anna Belova: Katedra ekonomiky, Katedra ekonomických teorií, Katedra obchodu a financí, Česká zemědělská univerzita v Praze, Kamýcká 129, 165 21, Praha 6 Suchdol, Česká republika

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2012, vol. 60, issue 7, 273-288

Abstract: The objective of the presented article is to analyze Czech agricultural trade as a whole and primarily trade in relation to the six key trade partners, with an emphasis on the identification of changes in its structure and competitiveness that occurred within the period of the years 2008-2011. On the basis of the results of the conducted analyses, it may be stated that the problematic period of the years 2008-2011 did not affect the development of Czech agricultural trade in an especially negative manner (commodity and territorial structure did not change significantly), whether in relation to the analyzed partner countries (In the case of individual countries within the analyzed period, the value of export and import increased as follows: Germany: 1.5% per year and 0.1% per year respectively, Austria: 2.9% per year and -0.01% per year respectively, the Netherlands: -1.1% per year and -6.3% per year respectively, Italy: 8.7% per year and 7.3% per year respectively, Slovakia: 6.1% per year and -3.2% per year respectively, Poland: 3.5% per year and 11.1% per year respectively.), or in relation to the overall agricultural trade of the Czech Republic (Agricultural trade was able to face the stagnation of the global economy relatively very well. Only in the year 2009, there was a slight year-on-year decline in the value of agricultural export by approximately 5%, but, nevertheless, within the years 2010 and 2011, the value of agricultural trade increased year-on-year by approximately 3.6% and 14.8%, respectively.). Growth in the area of the development of the value of export as well as import remained preserved. The comparative advantage of Czech export remained preserved in the case of key aggregations. The strong aggregations of Czech agricultural export generally include CN 01, CN 04, CN 10, CN 11, CN 12, CN 13, CN 17, CN 21, CN 22 and CN 24.

Keywords: Czech agricultural trade; period of crisis; impact; structure; partners; value; comparative advantage (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:mup:actaun:actaun_2012060070273

DOI: 10.11118/actaun201260070273

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