Prerequisites and Possibilities for Export of Slovak Agricultural and Food Commodities to the Third Country Markets

Slovak agrarian trade was significantly affected by accession of the Slovak Republic to the European Union on May 1st, 2004. This meant to adapt to the conditions of Common Agricultural Policy and Common Trade Policy of the European Union, which are related to the foreign trade of the Slovak Republic with agricultural and food products. These influence its development, increase the agricultural production, sustainability of farming, and support the production of food. Slovak Republic has concluded many Preferential Trade Agreements, which serve mainly to improve and maintain business relations with many countries. The aim of the paper is to evaluate the prerequisites and possibilities for export of Slovak agricultural and food commodities to the third country markets that will be achieved by analyzing the development of foreign agrarian trade of the Slovak Republic in the area of commodity and territorial structure. Submitted paper focuses on the Slovak agricultural and food products in the third country markets as well as on the foreign agrarian trade relations between the Slovak Republic and individual international groups such as EFTA, CIS, EUROMED, MERCOSUR and GCC. For the more accurate and efficient acquisition of information on the comparative advantage of the Slovak Republic is used the revealed comparative advantage index (RCA).