Serbiaagriculture

Ministry of Agriculture, Trade, Forestry and Water Management of

the Republic of Serbia

http://www.mpt.gov.rs

Surface area 8,8 million ha

Agricultural land 5,7 million ha

Arable land 4,2 million ha

Inhabitants 7,5 million

(population census 2002)

Population inhabiting rural

areas

44 % (of total population)

Average farm area 3 ha (commercial farm area 10.6 ha)

Serbia

agriculture

Agriculture indicators

RZS estimation

10,3%

Serbia

agriculture

Trade Policy

Agricultural foreign exchange of the Republic of Serbia

Serbia as a center of south-east region, is attractive for Serbia as a center of south-east region, is attractive for investments of companies from other countries for many investments of companies from other countries for many

reasons:reasons:

The local market is The local market is one of the largest in one of the largest in

the region with around the region with around 7.5 million inhabitants7.5 million inhabitants

The Serbian economy The Serbian economy has experienced a has experienced a

gradual growth in the gradual growth in the past six years, thus past six years, thus

ensuring the ensuring the broadening of the broadening of the

marketmarket>89%

>15%

Total agricultural Total agricultural export increased by export increased by

15% in 2010 & 15% in 2010 & Balance also Balance also

increased by 89% increased by 89%

>23%

For the first For the first quarter of the quarter of the

2011 2011 agricultural agricultural

export is export is around 608 around 608

milion $, which milion $, which is 23% higher is 23% higher than that of 4 than that of 4

quarters in quarters in 2002.2002.

245 mil.$

Positive Positive agricultural agricultural

trade balance trade balance sounds very sounds very

optimistic about optimistic about the future.the future.

Serbia

agriculture

EXPORT IMPORT

Serbia has significantly improved the competitiveness of its Serbia has significantly improved the competitiveness of its agriculture after signing of CEFTA. agriculture after signing of CEFTA.

CEFTA is one of the greatest achievements in economic integration of Western Balkan countries that allow free trade in the region.

Export and import from Serbia to CEFTA countries is growing from year to year.Export and import from Serbia to CEFTA countries is growing from year to year. The most significant decrease in import is from other (WTO) countries.The most significant decrease in import is from other (WTO) countries.

EXPORTEXPORT $$

Corn, Yellow Corn, Yellow 307.746.287307.746.287

White sugarWhite sugar 184.312.254184.312.254

Roland RaspberryRoland Raspberry 95.588.24495.588.244

WheatWheat 64.381.65464.381.654

Sunflower oilSunflower oil 58.367.05258.367.052

Beer made from maltBeer made from malt 50.085.64050.085.640

Fresh ApplesFresh Apples 43.819.09543.819.095

Soft drinksSoft drinks 43.776.43143.776.431

Griz RaspberyGriz Raspbery 43.673.89943.673.899

Soybean-oilSoybean-oil 38.329.36638.329.366

IMPORTIMPORT $$

CoffeeCoffee 72.011.16272.011.162

Fresh-bananasFresh-bananas 30.512.82330.512.823

Cigarettes containing tobaccoCigarettes containing tobacco 29.566.82929.566.829

Prepared foodsPrepared foods 23.038.97823.038.978

Sweet orangesSweet oranges 21.093.82921.093.829

Soya beansSoya beans 18.425.53618.425.536

Sunflower seeds,Sunflower seeds, 18.006.46818.006.468

Palm oilPalm oil 17.557.70017.557.700

Tomatoes, chilledTomatoes, chilled 15.741.04715.741.047

Cigarettes containing tobacco, Cigarettes containing tobacco, other (HR02C)-CEFTAother (HR02C)-CEFTA 12.702.12112.702.121

Serbia

agriculture

Top 10 agricultural products

Serbia

agriculture

Other investment opportunities

Good geographical location (middle of Good geographical location (middle of Balkan, heart of south-east Europe)Balkan, heart of south-east Europe)

Favourable climate and soil Favourable climate and soil conditionsconditions

Low costs of land (rent/sale)Low costs of land (rent/sale)

Low cost of labourLow cost of labour

USA – USA – Generalized System of Preference (GSP)Generalized System of Preference (GSP)

Significant agro-processing capacitiesSignificant agro-processing capacities

Favourable trade conditions - preferential Favourable trade conditions - preferential access to main markets : access to main markets :

Investment threats

Agriculture (still) in transitionAgriculture (still) in transition

Small scale farmingSmall scale farming

Low yieldsLow yields

Large number of farmers without proper Large number of farmers without proper associationsassociations

Processing capacities built for needs of Processing capacities built for needs of Yugoslavia and outdatedYugoslavia and outdated

General lack of financial resources in General lack of financial resources in agribusinessagribusiness

CEFTA - CEFTA - Central European Free Trade AgreementCentral European Free Trade Agreement

EU – EU – Stabilisation and Association Agreement (SAA)Stabilisation and Association Agreement (SAA)

Belarus, Russia, Turkey - Belarus, Russia, Turkey - Free Trade AgreementFree Trade Agreement

Agribusiness Sector – Field of possibilities

Serbia

agriculture

Financing the Agribusiness Sector:

…

European Union

Thank you for your attentionMilos MILOVANOVIC, Assistant Minister

Ministry of Agriculture, Trade, Forestry and Water Management of

the Republic of Serbia

http://www.mpt.gov.rs