DOES ENLARGEMENT HAS CAUSED INTRA AND EXTRA EUROPEAN UNION AGRI-FOOD TRADE

S. Bojnec, I. Ferto

Abstract: The article investigates agri-food trade of the European Union (EU-27) countries in two market segments: intra-EU markets vs. total agri-food trade. The EU-27 agri-food exports have increased on both market segments. In a spite of fastest agrifood export growth by new member states (NMS), old member states (OMS) have dominant position in the EU-27 agri-food exports. Around 70% of the EU-27 agri-food exports are on the intra-EU-27 markets. The survival rates for agri-food exports are higher for the OMS than the NMS. The NMS have increased agri-food exports of new varieties/products. Specifc results by country are found in evolution and structures of agri-food exports. Following the enlargement, the NMS have increased intra-EU exports, horizontal and high vertical intra-industry trade.

Keywords: agri-food exports; duration analysis; European Union; intensive and extensive margin; intra-industry trade

Date published: 2017-09-07