1. Serbia agriculture Ministry of Agriculture, Trade, Forestry and Water Management of the Republic of Serbia http://www.mpt.gov.rs

2. Surface area8,8 million ha Agricultural land5,7 million ha Arable land4,2 million ha Inhabitants7,5 million (population census 2002) Population inhabiting rural areas 44 % (of total population) Average farm area3 ha (commercial farm area 10.6 ha) Serbia agriculture Agriculture indicators RZS estimation 10,3%

3. Serbia agriculture Trade Policy Agricultural foreign exchange of the Republic of Serbia Serbia as a center of south-east region, is attractive for investments of companies from other countries for many reasons: The local market is one of the largest in the region with around 7.5 million inhabitants The Serbian economy has experienced a gradual growth in the past six years, thus ensuring the broadening of the market >89% >15% Total agricultural export increased by 15% in 2010 & Balance also increased by 89% >23% For the first quarter of the 2011 agricultural export is around 608 milion $, which is 23% higher than that of 4 quarters in 2002. 245 mil.$ Positive agricultural trade balance sounds very optimistic about the future.

4. Serbia agriculture EXPORTIMPORT Serbia has significantly improved the competitiveness of its 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.

5. EXPORT$ Corn, Yellow 307.746.287 White sugar 184.312.254 Roland Raspberry 95.588.244 Wheat64.381.654 Sunflower oil 58.367.052 Beer made from malt 50.085.640 Fresh Apples 43.819.095 Soft drinks 43.776.431 Griz Raspbery 43.673.899 Soybean-oil38.329.366IMPORT$Coffee72.011.162 Fresh-bananas30.512.823 Cigarettes containing tobacco 29.566.829 Prepared foods 23.038.978 Sweet oranges 21.093.829 Soya beans 18.425.536 Sunflower seeds, 18.006.468 Palm oil 17.557.700 Tomatoes, chilled 15.741.047 Cigarettes containing tobacco, other (HR02C)-CEFTA 12.702.121 Serbia agriculture Top 10 agricultural products

6. Serbia agriculture Other investment opportunities Good geographical location (middle of Balkan, heart of south-east Europe) Favourable climate and soil conditions Low costs of land (rent/sale) Low cost of labour USA – Generalized System of Preference (GSP) Significant agro-processing capacities Favourable trade conditions - preferential access to main markets : Investment threats Agriculture (still) in transition 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 CEFTA - Central European Free Trade Agreement EU – Stabilisation and Association Agreement (SAA) Belarus, Russia, Turkey - Free Trade Agreement Agribusiness Sector – Field of possibilities

7. Serbia agriculture Financing the Agribusiness Sector: … European Union

8. Thank you for your attention Milos MILOVANOVIC, Assistant Minister Ministry of Agriculture, Trade, Forestry and Water Management of the Republic of Serbia http://www.mpt.gov.rs