Branković, Aleksandra and Jovičić, Elena (2014) The integration of Western Balkan industries into the EU internal market: recent trends in the trade of manufactured goods. In: The Europe of tomorrow : creative, digital, integrated / 9th Annual international academic conference on European integration. University American college, Skopje, pp. 355-371. ISBN 978-608-4607-31-1
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Abstract
The EU accession process of the Western Balkan countries has been
accompanied by a major increase in commodity trade with the EU Member
States. Consequently, the EU has become the most important trading partner
of the Western Balkan countries, but exports from the Western Balkans have
been mainly based on low value‐added products (resource‐ and labor‐intensive
ones). This chapter sets out to analyze changes in the dynamics and pattern of
trade in products of the manufacturing industry between the Western Balkan
region and the EU over the past couple of years. Particular attention has been
paid to changes that occurred in the wake of the recent global economic crisis.
For the purpose of analysis, the data on commodity trade provided by Eurostat
has been used. Based on the results of this analysis, we have concluded that
the region, as a whole, continues to specialize in the export of labor‐intensive
products, such as garments and footwear, and resource‐intensive products,
such as metals and wood. When more sophisticated goods, such as machinery
and transport equipment, are considered, an increase in the volume of exports,
as well as their share, can be observed. It also seems that some of the countries
are specializing in the production and export of certain types of machinery and
transport equipment, but we could not observe a common regional pattern.
| Item Type: | Book Section |
|---|---|
| Additional Information: | COBISS.ID=512290658 |
| Uncontrolled Keywords: | export, import, manufacturing, Western Balkan, European Union, commodity trade |
| Research Department: | Macroeconomics Sectorial Economics |
| Depositing User: | Jelena Banovic |
| Date Deposited: | 29 Nov 2016 11:50 |
| Last Modified: | 29 Apr 2020 12:42 |
| URI: | http://35.240.28.64/id/eprint/871 |
| Author Links: |
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