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Yugoslavia: Exports and Imports
Country Study > Chapter 3 > The Economy > Foreign Trade > Exports and Imports

EXPORTS AND IMPORTS


Yugoslavia's exports in the late 1980s consisted mainly of manufactured goods, ores, and simple processed goods. One-third of goods sold abroad were electrical goods, machinery, and transportation equipment. Live horses and meat products were Yugoslavia's most important agricultural exports. The largest single meat export, veal, was shipped primarily to Greece. Meat export declined in the late 1970s because of EEC trade barriers, a rise in domestic meat consumption, and feed shortages; but between 1985 and 1987, total meat product exports more than doubled, rising well beyond the 1980 level. Yugoslavia ran trade deficits in merchandise of US$1.5 billion in 1985, US$2.2 billion in 1986, US$1.4 billion in 1987, and US$619 million in 1988.

Throughout the postwar period, Yugoslavia was a net importer of raw materials, fuels, iron and steel products, and capital equipment. Chief suppliers of petroleum products were the Soviet Union, Iraq, Libya, and Algeria. Machinery and transport equipment, also imported in large amounts, came principally from West Germany, Italy, the United States, the Soviet Union, Britain, and Czechoslovak. In the category of non-petroleum raw materials, Yugoslavia bought oil seeds and coal from the United States, wool from Australia, cotton, coal, and iron ore from the Soviet Union, and cotton from Egypt.

Data as of December 1990




Last Updated: December 1990


Editor's Note: Country Studies included here were published between 1988 and 1998. The Country study for Yugoslavia was first published in 1990. Where available, the data has been updated through 2008. The date at the bottom of each section will indicate the time period of the data. Information on some countries may no longer be up to date. See the "Research Completed" date at the beginning of each study on the Title Page or the "Data as of" date at the end of each section of text. This information is included due to its comprehensiveness and for historical purposes.

Note that current information from the CIA World Factbook, U.S. Department of State Background Notes, Australia's Department of Foreign Affairs and Trade Country Briefs, the UK's Foreign and Commonwealth Office's Country Profiles, and the World Bank can be found on Factba.se.

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Section 112 of 208






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