The overall external trade in the Republic of Serbia for the period January 2024 amounted to:
- USD 5266.1 million - which was a decrease of 3.3% compared to the same period last year;
- EUR 4817.3 million - which was a decrease of 4.9% compared to the same period last year.
The value of exports amounted to USD 2342.1 million, which was 0.3% increase when compared to the same period last year, while the value of imports amounted to USD 2924.0 million, which was 5.9% decrease relative to the same period last year.
Expressed in Euros, the value of exports amounted to EUR 2142.3 million, which was 1.6% decrease, compared to the same period last year. The value of imports amounted to EUR 2675.0 million, which was 7.5% decrease when compared to the same period last year.
The deficit amounted to USD 581.9 million, which was a decrease of 24.6% in relation to the same period last year. The deficit expressed in Euros amounted to 532.7 million, which was a decrease of 25.3% compared to the same period last year.
The export - import ratio equalled 80.1% and was higher if compared to the same period last year when it was 75.2%.
The external trade in the reference period noted the highest level with the counties with which we have signed agreements on free trade. European Union member countries account for 61.7% of total external trade.
Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 200.9 million, resulting from the exports of electricity, oil and oil derivatives, cereals and produces thereof, beverages, and electrical machines and apparatus. Our exports in the referent period amounted to USD 301.7 million, while the imports were USD 100.8 million. The export– import ratio equalled 299.3 %. Expressed in EUR, exports amounted to 276.1 and imports to 92.2 million (surplus amounted to EUR 183.9 million and export – import ratio equalled 299.5%).