ANALYSIS OF FOREIGN TRADE OPERATIONS OF RASINA DISTRICT IN THE PERIOD 2011-2015

Abstract

For every country is highly important relationship with foreign countries, as a very significant part of the economic activity of each country. In the modern world no country, regardless of their development potential and conditions is self-sufficient, especially in the economy and economic development. This certainly applies to all administrative units within the country. Foreign trade operations are circulation of goods and services between commercial-legal entities whose headquarters are located in territories of different countries. The overall foreign trade consists of imports and exports together. As the title indicated, this paper deals with the analysis of foreign trade activities of Rasina District in the last five years. Rasina District is located in the central part of Serbia. District consists of the municipalities of Trstenik, Aleksandrovac, Brus, Ćićevac, Varvarin and the City of Kruševac. According to available data of the Regional Chamber of Commerce Kruševac, total foreign trade of Rasina District for 2015. amounts to 355,5 million dollars which represents a decrease of 16,2% compared to 2011. (424,2 million dollars). In Rasina District in 2015. there was a surplus of 38,08 million dollars, while the coverage of import by export in this period amounted to 123,9%.