Record agricultural export expected in 2012

Agriculture Minister Dušan Petrović says he expects a record agricultural export this year, exceeding last year's USD 2.7 billion.

Izvor: Tanjug

Wednesday, 20.06.2012.

17:35

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Agriculture Minister Dusan Petrovic says he expects a record agricultural export this year, exceeding last year's USD 2.7 billion. Indicators in the first three months of this year show that export will surpass USD 2.7 billion, and some estimates even go as high as three billion dollars, but we will know more once the first half of the year is over, Petrovic said. Record agricultural export expected in 2012 He addressed reporters during his visit to Serbia's agriculture giant, PKB Corporation, near Belgrade on Wednesday. The minister recalled that in the last two years, agricultural export had risen by USD 500 million every year. Noting that Serbia's agricultural potential was big, Petrovic said that 800,000 families were in the farming business and that the state needed to offer adequate subsidies, which it had started doing lately. Last year, Serbia recorded a USD 1.3 billion surplus in the trade of agricultural and food products. The most important agricultural products exported by Serbia in 2011 were: maize (USD 422 million), sugar (USD 156.3 million), raspberries (USD 101.6 million), mercantile wheat (USD 82.4 million), sunflower oil (USD 81.6 million), apples (USD 62.1 million) and malt beer (USD 60.3 million). The EU is Serbia's biggest foreign trade partner, which consumer over 50 percent of its total food exports, while the CEFTA market accounts for 41 percent. A combine harverster works in a PKB field on Wednesday (Tanjug) Tanjug

Record agricultural export expected in 2012

He addressed reporters during his visit to Serbia's agriculture giant, PKB Corporation, near Belgrade on Wednesday.

The minister recalled that in the last two years, agricultural export had risen by USD 500 million every year.

Noting that Serbia's agricultural potential was big, Petrović said that 800,000 families were in the farming business and that the state needed to offer adequate subsidies, which it had started doing lately.

Last year, Serbia recorded a USD 1.3 billion surplus in the trade of agricultural and food products.

The most important agricultural products exported by Serbia in 2011 were: maize (USD 422 million), sugar (USD 156.3 million), raspberries (USD 101.6 million), mercantile wheat (USD 82.4 million), sunflower oil (USD 81.6 million), apples (USD 62.1 million) and malt beer (USD 60.3 million).

The EU is Serbia's biggest foreign trade partner, which consumer over 50 percent of its total food exports, while the CEFTA market accounts for 41 percent.

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