Competitiveness of agri-food foreign trade in conditions of the Slovak Republic

10.5219/1686 ◽  
2021 ◽  
Vol 15 ◽  
pp. 694-702
Author(s):  
Anna Látečková ◽  
Michaela Trnková ◽  
Jozef Palkovič ◽  
Ivan Holúbek
Keyword(s):  
Foreign Trade ◽  
Trade Balance ◽  
Slovak Republic ◽  
Food Products ◽  
Agricultural Trade ◽  
Comparative Advantages ◽  
Predicted Values ◽  
Research Assumptions ◽  
Further Development ◽  
Balance Deficit

The presented paper aims to evaluate the development and competitiveness of agri-food foreign trade of the Slovak Republic for the period 2016 – 2020. In the article, we present the priorities of Slovakia within the commodity structure. We use the RCA indicator to identify comparative advantages. In this paper, we also compare the actual and estimated development of agri-food foreign trade of the Slovak Republic in the years 2018 – 2020. Based on the reached results, we can state that we achieve an ever-increasing trade balance deficit in agri-food foreign trade. Produced results confirmed all the research assumptions presented in the paper. Despite the increase in export and import of agri-food products, the negative trade balance is still deeper. A significant deviation of real development from the predicted values can be explained by the influence of the worldwide pandemic of the coronavirus COVID-19, which slowed down the possible further development of agricultural trade.

scholarly journals Development and efficiency of agri-food foreign trade of the Slovak Republic in the international context

2011 ◽  
Vol 57 (No. 1) ◽  
pp. 41-46
Author(s):  
J. Gálik
Keyword(s):  
Foreign Trade ◽  
Trade Balance ◽  
Slovak Republic ◽  
Food Products ◽  
Agricultural Products ◽  
The Other ◽  
International Context ◽  
Food Trade ◽  
Trade Performance ◽  
Mutual Relations

The contribution is aimed at changes in the foreign trade of the Slovak Republic with agricultural and food products from 2004. The attention was paid to mutual relations of the imported and exported agricultural products. The contribution was supplemented by the comparison of the SR agri-food trade performance with the other EU member countries. To attain the objective, an unconventional methodical practice based on the calculation of trade balance per one inhabitant was used.

scholarly journals Mapowanie produktów polskiego eksportu produktów rolno spożywczych kierowanego do wybranych krajów Unii Europejskiej w 2020 roku

2021 ◽  
Vol 21(36) (4) ◽  
pp. 37-53
Author(s):  
Ewa Cieślik
Keyword(s):  
European Union ◽  
Trade Balance ◽  
Food Products ◽  
The European Union ◽  
Export Markets ◽  
Comparative Advantages ◽  
Growth Prospects ◽  
Product Mapping

The article focuses on the search for growth prospects for Polish exports of agri-food products with economies belonging to the European Union and being the most important export markets for Poland in terms of agri-food products. Groups of these goods were identified that are characterized by positive and negative indicators of revealed comparative advantages and indicators of the trade balance. The study used a method based on the product mapping matrix.

scholarly journals ‘Products mapping’ and trade in agri-food products between Nigeria and the EU28

2020 ◽  
Vol 66 (No. 1) ◽  
pp. 34-45
Author(s):  
Nahanga Verter ◽  
Ivo Zdráhal ◽  
Věra Bečvářová ◽  
Libor Grega
Keyword(s):  
Trade Balance ◽  
Food Products ◽  
World Market ◽  
Value Chains ◽  
The European Union ◽  
The World ◽  
Comparative Advantages ◽  
Food Value ◽  
Balance Index ◽  
Balassa Index

This paper investigates the dynamics of comparative advantage in agri-food products between Nigeria and the European Union (EU28). Using ‘products mapping’ approach based on trade balance index (TBI), Balassa index (BI), Lafay index (LFI) and other descriptive approaches, the findings show that Nigeria substantially recorded adverse TBI in trading both with the world and the EU28. The share of total Nigerian food exports and imports which the EU28 accounted for, declined from 72% and 40% to 37% and 27% between 1995 and 2017, respectively. The findings of both BI and LFI reveals that between 1995 and 2017, Nigeria’s comparative advantages in trading in the world market declined from 12/46 to 8/46 food products. Similarly, Nigeria’s trade with the EU28 comparative advantages reduced from 12/46 to 9/46 food products. Inversely, the food products that Nigeria has comparative disadvantages and negative TBI in trading with the EU28 rose from 31/46 to 35/46. For Nigeria, to boost its exports and competitiveness, especially in products that the country has natural advantages in producing, there is an urgent need for increasing investment and implementing policies on domestic agricultural and food value chains.

scholarly journals The Analysis of Agricultural Products Export Competitiveness of the Republic of Serbia Based on the RCA Index

2017 ◽  
Vol 55 (3) ◽  
pp. 399-420 ◽  
Author(s):  
Milica Cvetković ◽  
Marija Petrović-Ranđelović
Keyword(s):  
Foreign Trade ◽  
National Economy ◽  
Food Products ◽  
Western Balkans ◽  
Agricultural Export ◽  
Historical Method ◽  
Comparative Advantages ◽  
Analysis And Synthesis ◽  
The Republic ◽  
Research Show

AbstractAgriculture of the Republic of Serbia is a significant economic branch, due to the specifics of production, tradition and because of the enormous potential that it holds for improving competitive performance and development of the national economy. For this reason, in all strategic documents agriculture is recognised as a vital branch for the development of the national economy, which can be achieved by an increase in productivity and greater foreign exchange, especially with the neighbouring countries. Bearing in mind that agricultural food products represent a very important part of foreign trade of the Republic of Serbia with the countries of the Western Balkans, the goal of the research is to point out the comparative advantages of the Republic of Serbia in the exchange of agricultural and food products with the countries in the region, by applying the Balassa index. The realisation of the principal objective of the research was carried out using the methods of comparative advantage, historical method, trends method, methods of analysis and synthesis. The results of research show that the Republic of Serbia has distinct comparative advantages in relation to the countries in the Western Balkans, with the exception of the Republic of Croatia. The key contribution of this paper lies in providing a clearer insight into the comparative advantages of the Republic of Serbia in foreign trade with the countries in the region, as well as pointing out the priority directions of activities of competent authorities in order to intensify. the agricultural export, especially high quality and products at a higher level of processing.

scholarly journals Prospects for foreign trade in agri-food products between Ukraine and Asian countries

Ekonomika APK ◽  
2021 ◽  
Vol 318 (4) ◽  
pp. 68-75
Author(s):  
Bohdan Dukhnytskyi
Keyword(s):  
Foreign Trade ◽  
Raw Materials ◽  
Food Products ◽  
Agricultural Trade ◽  
Global Market ◽  
Practical Significance ◽  
Agricultural System ◽  
Asian Countries ◽  
Research Results ◽  
The Impact

The purpose of the article is to analyze the indicators of foreign trade in agri-food products between Ukraine and Asian countries, to assess the potential of its development with taking into account latest trends in the world agricultural market. Research methods. Methods used: theoretical generalization - for characterizing the production and foreign trade of agri-food products in Asian countries, analysis and synthesis - for considering the dynamics and commodity structure of mutual agricultural trade between Ukraine and Asian countries, general studying an agricultural system of the region, comparative evaluation - for forming ratings of the largest exporters and importers of food among Asian countries, finding differences between domestic exports of agricultural products and imports of Asia, and vice versa, graphical and tabular - for optimizing the visual displaying of research results. Research results. The current export and import of agri-food products by Asian countries are considered, the main trade representatives of the region are identified, the crucial role of Asia in the formation of global food supply is analyzed, the current state of Ukraine's agricultural trade with Asian countries is studied, an overall assessment of its development potential was made, based on the latest trends in the global market and possible using of agreements on the functioning of free trade zones between the partners. Scientific novelty. Asian countries have been researched out separately as Ukraine's foreign trade partners in terms of agri-food products, including the most important players in exports and imports, analytical information has been provided taking into account the impact of the pandemic and the signing of a new interregional trade agreement. Practical significance. The provisions of the article are aimed at informing domestic exporters and importers of agricultural raw materials and ready food products about the possibilities of entering, consolidating and necessary purchases in Asian markets, as well as public authorities that directly influence decisions on international trade liberalization. Tabl.: 6. Figs.: 1. Refs.: 15.

scholarly journals Comparative advantages in Polish export to the European Union — food products vs selected groups of non-food products

2018 ◽  
Vol 9 (2) ◽  
pp. 287-308
Author(s):  
Iwona Szczepaniak
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
Value Added ◽  
Food Products ◽  
The European Union ◽  
Food Sector ◽  
Eu Countries ◽  
Comparative Advantages ◽  
Research Period ◽  
The Eu

Research background: Globalisation and economic integration are the reasons for which the competitiveness of economic entities is analysed more and more often in the context of their relations with the international market. One of the ways to assess the competitiveness of the Polish food sector is an analysis of comparative (relative) advantages in the export of this sector’s products. Purpose of the article: The objective of this paper is to assess comparative advantages in Polish export of food products to the European Union against a background of selected groups of non-food products. Methods: The study used the B. Balassa’s revealed comparative advantage (RCA) index. The study is preceded by a brief review of foreign trade results. The source of data was the WITS-Comtrade commercial database. The analysis was carried out at the level of the HS sections (in commodity terms). The research period covered the years 2003–2015. Findings & Value added: In the years 2003–2015, export of food increased nearly six times and its import — more than 4.5 times. The major partners of Poland as regards trade in food were the EU countries. The food sector was one of few sectors of the economy with the positive trade balance. Polish export to the EU was characterised by a diversified level of comparative advantages. From among 20 HS sections, in 2015 Poland had comparative advantages in export to the EU countries for products from 10 sections (2 food and 8 non-food). Those products accounted for 11% and 70% of Polish export to the EU, respectively. The development of Polish foreign trade in food products during the Polish membership in the EU as well as fairly high comparative advantages in the export of these products to the EU indicate the competitiveness and significant importance of the Polish food sector for the national economy.

scholarly journals The foreign trade liberalization and export of agri-food products of Serbia

2017 ◽  
Vol 63 (No. 7) ◽  
pp. 331-345 ◽  
Author(s):  
Matkovski Bojan ◽  
Lovre Koviljko ◽  
Zekic Stanislav
Keyword(s):  
Foreign Trade ◽  
Trade Liberalization ◽  
Food Products ◽  
World Market ◽  
Trade Association ◽  
The European Union ◽  
Positive Effects ◽  
Econometric Methods ◽  
European Free Trade Association ◽  
Comparative Advantages

Liberalization of the market, as a consequence of the achieved trade agreements with the members of the European Union and the Central European Free Trade Association, had a significant effect on the foreign trade exchange of the Serbian agri-food products. In order to determine the liberalization effects on the export of agri-food products of Serbia, a gravity model of the export of these products is estimated using econometric methods for the panel data. In order to find the sections, as well as the advantageous parts of the international market, the comparative advantages of agri-food products in the particular groups of countries are dynamically analysed using the index of the revealed comparative advantages, whereas the level of specialization in the international trade exchange of these products is analysed using the index of the intra-industry trade. In relation to the main objective of the article, which was to identify the effects of the foreign trade liberalization on the performances of the foreign trade in agri-food products, it may be stated that liberalization had positive effects on the intensification of foreign trade with the analysed group of countries, as well as on the increase of the revealed comparative advantages of the agri-food sector in the world market.

scholarly journals ‘Products Mapping’ and Agri- Food Trade between Nigeria and ECOWAS Member Countries

2019 ◽  
Vol 67 (5) ◽  
pp. 1379-1392
Author(s):  
Ivo Zdráhal ◽  
Nahanga Verter ◽  
Barbora Daňková ◽  
Jan Kuchtík
Keyword(s):  
Trade Balance ◽  
Food Products ◽  
World Market ◽  
Agricultural Policies ◽  
Food Trade ◽  
Self Sufficiency ◽  
The World ◽  
Comparative Advantages ◽  
Analyse Comparative ◽  
Balassa Index

Intra-ECOWAS trade and food evxports have been debated and given attention in recent years. The paper uses an analytical tool, called ‘products mapping’ following some methods, such as trade balance index, Balassa index and Lafay index to analyse comparative advantages in all 46 food items (SITC 0 + 1 + 22 + 4) in trade between Nigeria and ECOWAS as well as the world. The findings suggest that Nigeria has performed better in trading with other ECOWAS countries than in trading with the overall world market. For Nigeria and the world, the findings reveal that the country’s comparative advantages reduced from 12 out of 46 (12/46) in 1995 to 8/46 food products in 2017. The notable products that reveal comparative advantages and positive TBI are cocoa (SITC 072), crustaceans (SITC 036), fruits and nuts (SITC 057); and oil seeds and oleaginous fruits (SITC 222). Contrary to Nigeria’s trade with the world, the results suggest that the country’s comparative advantages in trading with ECOWAS countries rose from 19/46 in 1995 to 26/46 food products in 2017. The notable products that show comparative advantages and positive TBI are tobacco, edible products, maize and wheat. Inversely, food products with comparative disadvantage and adverse TBI, slightly reduced from 18/46 in 1995 to 17/46 in 2017. The findings further suggest that the structure of Nigeria’s food trade with ECOWAS has started involving and improving, albeit at a slow pace. There is an urgent need to stimulate domestic food production and food processing industries for domestic consumption and exports. Regional and national agricultural policies should be dramatically implemented for self-sufficiency and more comparative advantages and the number of positive TBI to be ensured and sustained.

scholarly journals Selected aspects of the internal and external competitiveness of Slovak agricultural and food products

2009 ◽  
Vol 55 (No. 2) ◽  
pp. 84-93 ◽  
Author(s):  
D. Matošková ◽  
J. Gálik
Keyword(s):  
Dairy Products ◽  
Trade Balance ◽  
Slovak Republic ◽  
Food Products ◽  
Processing Industry ◽  
Innovation Activities ◽  
The Poor ◽  
Sheep Meat ◽  
The Eu ◽  
Cattle And Sheep

The article describes the competitiveness of Slovak agricultural and food products after the accession of the Slovak Republic into the EU. The analysis has shown that even despite the increased subsidization and full liberalisation of trade, the competitiveness of our products still needs to develop. The main reason behind this is the poor efficiency of production and the lack of innovation activities. Most agricultural commodities are profitable only because of subsidies. Processing industry is the main contributor to the worsening deficit of trade balance. Specific commodities with good sales potential in the EU market include cereals, malt, wheat flour, dairy products, live cattle and sheep meat.

scholarly journals The Impact of Trade Balance of Agri-Food Products on the State’s Ability to Withstand the Crisis

2020 ◽  
Vol 1 (3) ◽  
pp. 107-111
Author(s):  
Dragan Dokić ◽  
Mirna Gavran ◽  
Maja Gregić ◽  
Vesna Gantner
Keyword(s):  
Food Security ◽  
Foreign Trade ◽  
Agricultural Production ◽  
Trade Balance ◽  
Supply And Demand ◽  
Food Product ◽  
Food Products ◽  
Added Value ◽  
Current Crisis ◽  
The Impact

The crisis represents a disorder that in contemporary society increasingly occurs. Crises are often the result of some earlier solutions. The situation in agricultural production in Croatia has been negative for years. Inadequate tax and high administrative burdens act to discourage the production process and impede the competitiveness of farmers. Furthermore, the measures taken to create added value are not enough, they can even be said to be wrong. The current crisis Covide-19 caused a disturbance on the market in terms of trends of supply and demand. The crisis period will show whether the country has an adequate strategy to overcome all the economic problems ahead. The aim of this paper was to analyze the readiness of the Republic of Croatia for crisis periods in terms of food security by analyzing the volume of agricultural production, the balance of foreign trade of agri-food products as well as the structure of total agri-food product trade. The determined trend of increasing deficits in agri-food products in foreign trade balance, particularly with EU countries implies the state's unenviable position regarding the food security indicating the need for implementation of adequate measures in the direction of the market organization and to facilitate investment in sustainable agriculture production systems.

Sign in / Sign up

Export Citation Format

Share Document