The overall external trade in the Republic of Serbia for the period January – December 2017 amounted to:
- USD 38917.5 million - which was a 15.2% increase compared to the same period of the previous year;
- EUR 34446.8 million - which was a 12.9% increase compared to the same period of the previous year.
The value of exports amounted to USD 16997.0 million, which was 14.2% increase when compared to the same period last year, while the value of imports amounted to USD 21920.5 million, which was 16.0% increase relative to the same period last year.
Expressed in Euros, the value of exports amounted to EUR 15050.8 million, which was the increase of 12.1%, compared to the same period last year. The value of imports amounted to EUR 19396.0 million, which was a 13.6% increase when compared to the same period last year.
The deficit amounted to USD 4923.5 million, which was an increase of 22.6% in relation to the same period last year.
The deficit expressed in Euros amounted to 4345.2 million, which was an increase of 19.5% compared to the same period last year.
The export - import ratio equalled 77.5% and was lower if compared to the same period last year when it was 78.8%.
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 64.0% of total external trade.
Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 2051.6 million, resulting mainly from the exports of agricultural products (cereals and produces thereof and various sorts of drinks), iron and steel, metal products, road vehicles. Regarding imports, items mainly related to iron and steel, hard coal and briquettes, fruit and vegetables, cork and wood. Our exports in the referent period amounted to USD 2982.1 million, while the imports were USD 930.5 million. The export– import ratio equalled 320.5 %. Expressed in EUR, the exports amounted to 2635.1 mill, and imports to 821.1 million (surplus was EUR 1814.0 million, and export – import ratio 320.9%).
Starting from 1999 the Statistical Office of the Republic of Serbia has not at disposal and may not provide available certain data relative to AP Kosovo and Metohia and therefore these data are not included in the coverage for the Republic of Serbia (total).
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