Tag: Serbias Economic Ties with Austria

The Influence of Austria on Serbian Trade

In Serbia, when the country finally gives in to Austria’s demands, Austria often decides that the swine fever problem isn’t as serious as it seemed before. Just like that, the ban on Serbian pigs is lifted. This illustrates how much Serbia relies on Austria for its commercial needs. About half of the goods that come into Serbia are from Austria, and almost all of Serbia’s exports go to Austria.

Unfortunately, trade with Britain is declining. This is due to a few reasons. First, companies from other European countries can transport goods more easily and quickly. Second, British merchants often do not offer the long credit terms that Austrian and German traders do. Finally, British businesses usually communicate in English, which many Serbs do not understand. This language barrier makes it harder for Serbian businesses to engage with British companies My Affection for the