The impact of CEFTA implementation on the agri-food trade of the Republic of Srpska entity (Bosnia and Herzegovina)
Year: 2025
Type: article
Abstract: Given the crucial role of the agricultural sector in the economic development of the Republic of Srpska, trade in agri-food products is of considerable importance, particularly with CEFTA countries. This paper investigates the impact of the multilateral trade agreement CEFTA on agri-food trade flows. Using statistical data from 2013 to 2021 and applying descriptive analysis methods, the paper aimed to assess exports, imports, and total trade in agri-food products. The findings reveal that CEFTA implementation positively affected agri-food product exports and overall trade volume between the Republic of Srpska and the CEFTA countries. Specifically, the results have indicated a consistent trade deficit in the total trade volume of the agri-food sector, highlighting the necessity for and significance of policy measures aimed at enhancing competitiveness and reducing the trade gap.
Source: Агрознање
Authors: Nikolina Radaković, Vesna Mrdalj, Aleksandar Ostojić, Željko Vaško
Institution: University of Banja Luka
Language: English
Subfield: Safety Research
Field: Social Sciences
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4409269385