The overall external trade in the Republic of Serbia for the period January 2021 amounted to:
- USD 3610.1 million - which was an increase of 2.9% compared to the same period 2020;
- EUR 2958.8 million - which was a decrease of 6.3% compared to the same period 2020.
The value of exports amounted to USD 1644.7 million, which was 9.8% increase when compared to the same period last year, while the value of imports amounted to USD 1965.4 million, which was 2.2% decrease relative to the same period last year.
Expressed in Euros, the value of exports amounted to EUR 1347.6 million, which was the same/equal, compared to the same period last year. The value of imports amounted to EUR 1611.2 million, which was 11.0% decrease when compared to the same period last year.
The deficit amounted to USD 320.8 million, which was a decrease of 37.4% in relation to the same period last year. The deficit expressed in Euros amounted to 263.6 million, which was a decrease of 42.9% compared to the same period last year.
The export - import ratio equalled 83.7% and was higher if compared to the same period last year when it was 74.5%.
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 62.2% of total external trade.
Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 136.3 million, resulting mainly from the exports of agricultural products (cereals and produces thereof), oil and oil derivatives, electrical machines and apparatus, metal ores and iron and steel. Our exports in the referent period amounted to USD 211.0 million, while the imports were USD 74.7 million. The export– import ratio equalled 282.5 %. Expressed in EUR, exports amounted to 173.0 and imports to 61.2 million (surplus amounted to EUR 111.8 million and export – import ratio equalled 282.7%).
Press release