Transcript Slide 1
Ministry of Agriculture, Trade, Forestry and Water Management of the Republic of Serbia http://www.mpt.gov.rs Serbia agriculture Serbia agriculture Agriculture indicators 20 18 16 14 Share of agriculture in GDP (%) Agricultural GDP growth rate, previous year = 100 Linear (Share of agriculture in GDP (%)) Surface area 8,8 million ha Agricultural land 5,7 million ha RZS estimation 10,3% 12 Arable land 4,2 million ha 10 8 Inhabitants 7,5 million (population census 2002) 6 4 2 0 -2 -4 -6 -8 Population 44 % (of total population) inhabiting rural areas Average farm area20043 ha (commercial farm area 10.6 ha) 2001 2002 2003 2005 2006 2007 2008 2009 2010 Serbia agriculture Serbia as a center of south-east region, is attractive for investments of companies from other countries for many reasons: Trade Policy >89% For the first The local market is quarter of the one of the largest in 2011 the region with around >15% agricultural 7.5 million inhabitants export is around 608 The Serbian economy $, whicha hasmilion experienced 23% higher gradualisgrowth in the than that 4 past six years, of thus quartersthe in ensuring broadening 2002. of the 2010 market Positive Total agricultural agricultural trade balance 245 export increased by mil.$ sounds very 15% in 2010 & optimistic about Balance also theby future. 2011 First increased 89% millions of $ Agricultural foreign exchange of the Republic of Serbia 2,200 EXPORT IMPORT BALANCE 2,000 1,800 1,600 1,400 1,200 1,000 800 >23% 600 400 200 0 2002 -200 2003 2004 2005 2006 2007 2008 2009 Quarter Serbia Serbia has significantly improved the competitiveness of its agriculture after signing of CEFTA. agriculture CEFTA is one of the greatest achievements in economic integration of Western Balkan countries that allow free trade in the region. EXPORT IMPORT 2010 48% 2009 48% 2008 41% 2007 43% 2006 47% 2005 56% 2004 54% 2003 45% 2002 54% 0% 20% 40% EU 2010 42% 46% 6% 2009 43% 22% 35% 52% 7% 2008 44% 21% 35% 50% 7% 2007 43% 20% 37% 47% 6% 2006 43% 19% 37% 38% 6% 2005 41% 6% 2004 49% 7% 2003 43% CEFTA 36% 60% Other 80% 9% 10% 100% 24% 48% 45% 34% 2002 20% 14% 38% 15% 40% 17% 36% 0% 34% 49% 13% 40% EU CEFTA 50% 60% Other 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. 80% 100% Serbia agriculture Top 10 agricultural products EXPORT $ IMPORT $ Corn, Yellow 307.746.287 Coffee 72.011.162 White sugar 184.312.254 Fresh-bananas 30.512.823 Roland Raspberry 95.588.244 Cigarettes containing tobacco 29.566.829 Wheat 64.381.654 Prepared foods 23.038.978 Sunflower oil 58.367.052 Sweet oranges 21.093.829 Beer made from malt 50.085.640 Soya beans 18.425.536 Fresh Apples 43.819.095 Sunflower seeds, 18.006.468 Palm oil 17.557.700 Soft drinks 43.776.431 Tomatoes, chilled 15.741.047 Griz Raspbery 43.673.899 Soybean-oil 38.329.366 Cigarettes containing tobacco, other (HR02C)-CEFTA 12.702.121 Serbia agriculture Agribusiness Sector – Field of possibilities Other investment opportunities Investment threats Good geographical location (middle of Balkan, heart of south-east Europe) Agriculture (still) in transition Favourable climate and soil conditions Low costs of land (rent/sale) Low cost of labour Significant agro-processing capacities Favourable trade conditions - preferential access to main markets : CEFTA - Central European Free Trade Agreement EU – Stabilisation and Association Agreement (SAA) Belarus, Russia, Turkey - Free Trade Agreement USA – Generalized System of Preference (GSP) Small scale farming Low yields Large number of farmers without proper associations Processing capacities built for needs of Yugoslavia and outdated General lack of financial resources in agribusiness Serbia agriculture Financing the Agribusiness Sector: European Union … Ministry of Agriculture, Trade, Forestry and Water Management of the Republic of Serbia http://www.mpt.gov.rs Thank you for your attention Milos MILOVANOVIC, Assistant Minister