ANALYSES OF THE TRADE RELATIONS BETWEEN THE REPUBLIC OF MACEDONIA AND GREECE
Journal Title: Knowledge International Journal - Year 2018, Vol 26, Issue 1
Abstract
Greece is the third largest market for Macedonian products. Taking into account this fact, in this paper it has been made an analysis of the value, dynamics and structure of the foreign trade between the Republic of Macedonia and Greece for the time period of 2006-2015. It has been also analyzed the competitiveness of Macedonian products at the Greece market so that the product categories with a comparative advantage can be determined, using the Standard International Trade Classification and the Balassa Index. The results of the analysis point to the fact the Republic of Macedonia has a comparative advantage in the export of beverages and tobacco and crude materials, except fuels.
Authors and Affiliations
Emilija Miteva-Kacarski, Kostadinka Panova, Vlatko Paceskoski
Keywords
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