The overall external trade in the Republic of Serbia for the period January - April 2020 amounted to:

   - USD 13905.2 million - which was a decrease of 5.9% compared to the same period 2019;

   - EUR 12649.5 million - which was a decrease of 3.1% compared to the same period 2019.

The value of exports amounted to USD 5767.6 million, which was 7.7% decrease when compared to the same period last year, while the value of imports amounted to USD 8137.6 million, which was 4.6% decrease relative to the same period last year.

Expressed in Euros, the value of exports amounted to EUR 5243.5 million, which was the decrease of 5.0%, compared to the same period last year. The value of imports amounted to EUR 7406.0 million, which was 1.7% decrease when compared to the same period last year.

The deficit amounted to USD 2370.0 million, which was an increase of 4.0% in relation to the same period last year. The deficit expressed in Euros amounted to 2162.5 million, which was an increase of 7.5% compared to the same period last year.

The export - import ratio equalled 70.9% and was lower if compared to the same period last year when it was 73.3%.  

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 60.1% of total external trade.

Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 647.5 million, resulting mainly from the exports of agricultural products (cereals and produces thereof), oil and oil derivatives, electrical machines and apparatus, road vehicles and metal products. Our exports in the referent period amounted to USD 916.1 million, while the imports were USD 268.6 million. The export– import ratio equalled 341.1 %. Expressed in EUR, exports amounted to 833.6 and imports to 244.9 million (surplus amounted to EUR 588.7 million and export – import ratio equalled 340.4%).

Press release