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Entry Into the Common Market of the European Union in Terms of Czech Republic's Foreign Trade with Dairy Products

Author

Listed:
  • Ivo Zdráhal

    (Department of Regional and Business Economics, Faculty of Regional Development and International Studies, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic)

  • Věra Bečvářová

    (Department of Regional and Business Economics, Faculty of Regional Development and International Studies, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic)

Abstract

The aim of the paper is to evaluate the development of the Czech foreign trade in milk and milk products and specify the typical features and consequences within its territorial and commodity structure using a specific system of indicators intended to show a relevant image on the topic. The analysis covers the period between 1999 and 2015 and are interpreted in the context of changes of the business environment that have occurred in the last two decades, particularly in relation to the Czech Republic's entry into the European Union. Throughout the studied period, the Czech Republic revealed a positive balance of trade in milk and dairy products, as well as favourable values of TC index (value of coverage of import by export). The dynamics of the territorial structure of export and import is embodied in the overall trade dynamics between the Czech Republic and countries of EU-28. The Czech Republic's entry into the EU common market, however, led to a change in the trading milk product structure. As a negative is regarded the fact that the structure of Czech export to the EU countries has changed and that is mainly concentrated on basic raw milk or dairy products of the first phase of processing with relatively low added value.

Suggested Citation

  • Ivo Zdráhal & Věra Bečvářová, 2018. "Entry Into the Common Market of the European Union in Terms of Czech Republic's Foreign Trade with Dairy Products," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 66(2), pages 605-616.
    • Handle: RePEc:mup:actaun:actaun_2018066020605
    DOI: 10.11118/actaun201866020605
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    References listed on IDEAS

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    1. Čechura, Lukáš & Žáková Kroupová, Zdeňka & Hockmann, H., 2015. "Market Power in the European Dairy Industry," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 7(4), pages 1-9, December.
    2. Pawlak, Karolina, 2014. "Changes in the EU and global milk and dairy products market in view of multilateral trade liberalisation," Problems of World Agriculture / Problemy Rolnictwa Światowego, Warsaw University of Life Sciences, vol. 14(29), pages 1-9, December.
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    Cited by:

    1. Nahanga Verter & Ivo Zdráhal & Věra Bečvářová & Libor Grega, 2020. "'Products mapping' and trade in agri-food products between Nigeria and the EU28," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 66(1), pages 34-45.

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