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Doing Business in Serbia
Contact & Social Networks
Syllabus of the Subject: Foreign Trade and Business in Serbia ,
Belgrade. Serbian economy.
Introduction to the Republic of Serbia;
Serbian EconomyKey sectors of the Serbian economy.
Doing Business in Belgrade;
Serbian International TradeAccess to the
Pan-European Corridor IX .
Foreign Direct Investment in SerbiaKey sectors for investing.
Access to the Serbian Market;
Business Plan for Serbia.
Objectives
The aims of the subject “Foreign Trade and Business in the Republic of Serbia” are the following:
To analyze the Serbian Economy and Global Trade;
To know the business opportunities in the Republic of Serbia;
To explore the Serbian trade relations with the country of the student;
To know the Serbian Trade Agreements;
To develop a business plan for the Serbian Market.
Related Education
Мастер у Интернатионал Бусинесс (Serbian Students)
International Trade and Business in Serbia.
Preferential Access
Trade Facilitation
Organizations
European Trade and Economic Organizations :
Economic Commission for Europe (UNECE );
Organization for Security and Cooperation in Europe (OSCE ).
Global Organizations :
United Nations (UN )
Conference on Trade and Development (UNCTAD );
International Trade Centre (INTRACEN );
World Intellectual Property Organization (WIPO ).
World Bank (WB );
World Trade Organization (WTO );
International Monetary Fund (IMF );
Community of Portuguese Speaking Countries (observer country).
Serbia
The Republic of Serbia
Serbia (Europe) is situated in the Balkan Peninsula, in one of the most important transport routes between the European Union and Asia.
The capital of Serbia is Belgrade;
The Autonomous provinces of Serbia are Vojvodina and Kosovo and Metohija;
The official language is Serbian , and the official alphabet is Cyrillic . However, the Latin alphabet is also in use;
Borders of Serbia: Bulgaria, Romania, Hungary, Croatia, Bosnia and Herzegovina, Montenegro, Albania, and Macedonia;
Serbian Population: 7.1 million people;
Serbian Area: 883,612 square kilometers;
Parliamentary Republic founded in 1992.
Religion : The majority of the Serbian population practices Orthodox
Christianity
Serbia belongs to the Orthodox Economic Area.
Belgrade (1.6 million people) is the administrative, economic, and cultural centre of the Republic of Serbia.
Belgrade has been awarded as the city of the future for Southern Europe by the FDI Magazine;
More than 40% of the Serbian GDP is generated in Belgrade, which also
has 31.4% of employed population in Serbia.
Economy
Serbian Economy
Serbia is an emerging market ;
The Serbian market (7.5 million people) is the second largest in the South-eastern European region;
Serbia is the third most attractive manufacturing nation;
Serbia is the seventh most attractive foreign direct investment (FDI)
destination for services among the emerging markets ;
Since 2000, the Republic of Serbia has attracted 20 billion dollars in foreign direct investment (FDI);
In 2005, Serbia adopted the National Strategy for the European Union Accession (EU Enlargement);
Serbian Currency: Dinar (RSD);
Nominal Serbian GDP: 42,385 million dollars;Agriculture: 12%;
Industry: 24%;
Services: 64%.
Serbian GDP per capita: 10,540 USD;
Inflation: 6.8%.
(Foreign Trade and Business in Serbia):
Global Trade
International Trade of Serbia
Total Serbian international trade :
20 billion Euros;
The main export products from Serbia are iron and steel
products, nonferrous metals, textiles, fruit, and metal manufacturing;
The largest Serbian export markets are the European Union, the Central European Free Trade Agreement (CEFTA) member states and the Central European Initiative (CEI) countries;
The main products imported from Serbia are fuels, vehicles, gas, iron and steel, and industrial machinery;
The largest Serbian suppliers are the European Union, countries of the Central European Initiative (CEI) and the countries of the Central Europe, the Free Trade Agreement (CEFTA);
Since 2000, Serbia has attracted large Foreign direct investment (FDI) flows.
Serbian Trade Agreements: CEFTA, Central European Initiative, Black Sea Economic Cooperation, EFTA, EU-Western Balkans...
(c) EENI
(c) EENI Global Business School (1995-2023)
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