Agricultural Trade Integration in Western Balkans: Orientation and Complementarity

Assessing the Agricultural Trade Complementarity of the Czech Republic and Countries in Western Balkan

“…Generally, these results support the ongoing liberalization process and the rationale for the cooperation of the Czech Republic with Western Balkan countries (and vice-versa) and taking advantage of existing economic resources exists in the segment of agrarian products. These results are in line with previously published study from Natos et al (2014).…”

“…They found that level of self-sufficiency was the lowest one in Montenegro, followed by Albania and Bosnia and Herzegovina. Natos et al (2014) studied the extent of agricultural trade complementarity between Western Balkan and EU countries between 2007 and 2012 applying the Regional Hirsmann index, Sectoral Hirsmann index and the Michaely Index. They conclude lack of agrarian trade complementarity between EU member states in relative geographical proximity to WB and Western Balkan countries, while North-Western EU countries like Finland, Germany, UK or France are displaying grater potentials as future exporting markets for the Western Balkans agrarian exports.…”