Competitiveness in Dairy Trade – the Case of EU and the Visegrad Group Countries

Abstract

The European Union (EU) produces 15% of its agricultural production in the dairy industry. The article focuses on the European Union and Visegrad Group's (VG) dairy export and analyses it with Balassa's (Revealed Comparative Advantage, RCA) index. Our aim is to explore the foundations of EU's competitiveness and the role and opportunities of the dairy sector in VG countries.