THE EUROPEAN UNION AND CHINA TRADE PRESENCE IN SERBIA

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Lubica Zubalova
https://orcid.org/0000-0002-6860-7568
Kristina Drienikova
Livia Ujlaky
https://orcid.org/0009-0007-0051-5783
Eva Maria Durcekova
https://orcid.org/0009-0005-9558-3521

Abstract

The European Union has been the dominant trade partner of Western Balkan countries for a long time; however, China’s trade and economic influence in the region is growing yearly, and its engagement in the region has intensified after the launch of the Belt and Road Initiative. Serbia is the region’s most important strategic trading partner for the EU and China. This paper addressed the trade presence of the EU and China in Serbia, examined the trade position of the EU and China in Serbia, the intensity of their mutual foreign trade (TII index), and the trade competitiveness of Serbia’s export in selected traded commodities (RCA1 index). The trade position of the EU in Serbia was confirmed as clearly more substantial than that of China, and trade intensity was high. However, China’s trade position grew despite its trade exchange intensity, which was well below potential. However, the low values of Serbia’s competitiveness index are a severe obstacle to the increase of Serbian exports and some persistent obstacles in the framework of export procedures. The growing passive trade balance in relations with China remains also disturbing. 

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How to Cite
Zubalova, Lubica, Kristina Drienikova, Livia Ujlaky, and Eva Maria Durcekova. 2023. “THE EUROPEAN UNION AND CHINA TRADE PRESENCE IN SERBIA”. Journal of Liberty and International Affairs 9 (3):342-55. https://doi.org/10.47305/JLIA2393370z.
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Author Biographies

Lubica Zubalova, University of Economics in Bratislava Faculty of Commerce, Department of International Trade, Slovakia

Lubica Zubalova is a lecturer and researcher at the Department of the International Trade of the Faculty of Commerce of the University of Economics in Bratislava. Her research covers the European Union trade policy towards Western Balkans and the region of Sub-Saharan Africa, the accession process of Western Balkans to the EU, the consequences of trade obstacles on trade relations and trade exchange and cooperation of V4 countries with Western Balkans; the economy, development problems, migration and its impact on the trade development, and trade policy of low-income countries in Sub-Saharan Africa. Her latest books are The Economy and Trade Policy of Developing Countries – Position in International Trade, Debt Crises and Migration Impact (TheCollege of European and RegionalStudies, 2023), co-authored with Drienikova K.; The Economy and Trade Policy of Developing Countries (Leges, 2022) co-authored with Drienikova K and Puskarova P., The Institutional Support of Export Financing and Foreign Direct Investment (Leges, 2021) co-authored with Pavelka L. and Ruzekova V.

Kristina Drienikova, University of Economics in Bratislava Faculty of Commerce, Department of International Trade, Slovakia

Kristina Drienikova is a lecturer and researcher at the Department of International Trade of the Faculty of Commerce of the University of Economics in Bratislava. Her research activities and interests coverthe European Union trade policy, especiallytowards the post-Soviet countries (Russia, Central Asia and Eastern Partnership countries), countries in the Asia-Pacific region, as well as problems of international trade and geopolitical challenges influencing the development of the world economy and the EU trade policy with implications for the Slovak economy.She has co-authored several monographs, e.g. Impact of the geopolitical changes on the EU foreign trade relations with selected territories: Implication for the Slovak economy with Zubalova, L. and Kastakova, E.;The importance of the countries of the Commonwealth of Independent States for the strategic development goals of the EU (with a focus on Slovakia) with Kastakova, E.; and scientific works, e. g. EU Strategic Interests in Kazakhstan in the Context of Geopolitical and Geo-Economic Changes in the Region with Focus on China co-authored with Zubalova, L. or Determinants of Domestic Value Added in Exports of the EU Countries co-authored with Kittova, Z. and Steinhauser, D.

Livia Ujlaky, University of Economics in Bratislava Faculty of Commerce, Department of International Trade, Slovakia

Livia Ujlaky studied at the Faculty of Commerce of the University of Economics in Bratislava, she dealt with the EU position in Serbia in the context of the strategies of China and Russia in her final thesis (with Zubalova, L. as her supervisor).

Eva Maria Durcekova, University of Economics in Bratislava Faculty of Commerce, Department of International Trade, Slovakia

Eva Maria Durcekova studied at the Faculty of Commerce of the University of Economics in Bratislava, she dealt with the EU's and China's trade and investment initiatives in the countries of the Western Balkans in her final thesis (with Zubalova, L. as her supervisor).