Bilateral Trade Flows between Western balkan Countries

Elena Baranenko () and Sasa Milivojevic ()
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Elena Baranenko: Institute of Economic Sciences
Sasa Milivojevic: Institute of Economic Sciences

Chapter 21 in European Integration Process in Western Balkan Countries, 2012, vol. 1, pp 416-434 from Institute of Economic Sciences

Abstract: The development of trade relations between Western Balkan countries represents very complicated and long-term process, including regional and trade integration. In this chapter we analysed foreign trade performances and various factors that used to affect on trade results between Western Balkan countries. Also, we gave preview of bilateral trade flows between each country in this region. Factors such as CEFTA agreement signing and creation of free trade area gave results and slight improvement of situation in this field. However, there still remained many unsolved issues and problems. Countries of this region need to continue mutual cooperation and dialogue on all levels in order to avoid complications in trade relations and economic development.

Keywords: Bilateral trade flows; Western Balkans; integration; trade exchange; Serbia (search for similar items in EconPapers)
Date: 2012
ISBN: 978-972-9344-05-3
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