REGIONAL COOPERATION AND ECONOMIC INTEGRATION

CEFTA-2006 TRADE COOPERATION
Table 4: Imports of the Republic of Macedonia from the countries
in the region of SEE (thousands of US$)
Countries 2000 2001 2002 2003 2004 2005 2006 2007 1)
Albania
Bosnia &
Herzegovina
Croatia
3093
(1.2%)
5337
(2.08%)
57858
(22.54%)
1306
(0.62%)
4150
(1.98%)
46391
(22.10%)
1127
(0.44%)
14299
(5.59%)
55229
(21.59%)
3963
(1.36%)
11753
(4.02%)
63550
(21.76%)
6346
(1.16%)
16306
(2.97%)
65782
(12%)
9077
(2.44%)
23582
(6.34%)
75253
(20.22%)
11722
(2.92%)
26515
(6.62%)
79030
(19.72%)
19522
(3.18%)
34518
(5.63%)
109737
(17.89%)
Montenegro 2) - - - - - - -
1339
(0.22%)
Kosovo 3) - - - - - - - -
Serbia 2) - - - - - - -
Serbia and
-
Montenegro 2)
S.R.
190362
Yugoslavia 2) (74.17%)
Total CEFTA
256650
(100%)
158020
(75.30%)
185191
(72.38%)
212799
(72.86%)
459544
(83.86%)
264215
(71%)
283412
(70.73%)
448404
(73.08%)
- - - - - - -
209867
(100%)
255846
(100%)
292065
(100%)
547978
(100%)
372127
(100%)
400679
(100%)
-
613520
(100%)
Total imports 2093872 1693601 1995156 2306353 2934626 3232837 3752256 5227576
Concentration
12.25% 12.40% 12.83% 12.66% 18.67% 11.51% 10.68% 11.74%
of Imports 4)
Source: Computations are according to the data obtained from the State Statistical Office
of the Republic of Macedonia, for selected years.
Note: 1) Preliminary data; 2) Naming is according to the official name of a country
3) No data is available since only countries with significant participation
in Macedonian imports are shown
4) Computation is according to Michaely’s formula C r
= 100 Σ (X i
/ X) 2 where
X i
.......national imports in certain country in certain period;
X ...... total national imports in certain period
In order to show the difference between the geographical concentration of Macedonian
imports and exports, we compute Michaely’s coefficient of concentration C r.
The results of
the computed coefficients of concentration (given in the last row of Tables 4 and 5) show
greater concentration on the export than on the import side, which is in accordance with
economic theory (Sekulovska-Gaber 2004, p.361). Since lower coefficients are signs of
higher diversification (exports or imports are not highly concentrated), the obtained results
for the geographical concentration of imports and exports show more than clear that, due
to signed CEFTA-2006 agreement, coefficients are lower in the years 2006 and 2007
(compared with the previous years), which is a sign for a more balanced trade exchange
of the Republic of Macedonia within the Region of SEE, after 2006. In other words, the
“neighbors” of the Republic of Macedonia, after signing the CEFTA-2600 agreement,
started to come back!
177