Comparative analysis of export capabilities of the metalworking industry in Zlatibor region and the rest of Serbia

Abstract

Exporting is very important activity for companies settled in developing countries, while manufacturing industry is the most important section of the EU economy that drives its growth and propels its technological and innovation development, so it is expected that export in that sector is extremely important activity from national economy point of view. Accordingly, the topic of this survey deals with export possibilities of metalworking industry and compares Zlatibor region export capabilities to export capabilities of the rest of Serbian metalworking companies to EU. There aren't many significant distinctions in export capabilities of Zlatibor region and the rest of Serbia, and they are mainly related to knowledge of regulations. Namely, a significant number of companies is not familiar with new approach directives, as well as with procedures for conformity assessment. Recommendation is more careful choice of suppliers that satisfy necessary requirements, too.