The overall external trade in the Republic of Serbia for the period January - March 2021 amounted to:
- USD 13019.7 million - which was an increase of 15.6% compared to the same period 2020;
- EUR 10790.4 million - which was an increase of 5.5% compared to the same period 2020.
The value of exports amounted to USD 5819.8 million, which was 24.6% increase when compared to the same period last year, while the value of imports amounted to USD 7199.9 million, which was 9.2% increase relative to the same period last year.
Expressed in Euros, the value of exports amounted to EUR 4822.9 million, which was 13.8% increase , compared to the same period last year. The value of imports amounted to EUR 5967.5 million, which was 0.3% decrease when compared to the same period last year.
The deficit amounted to USD 1 380.0 million, which was a decrease of 28.2% in relation to the same period last year. The deficit expressed in Euros amounted to 1 144.5 million, which was a decrease of 34.6% compared to the same period last year.
The export - import ratio equalled 80.8% and was higher if compared to the same period last year when it was 70.9%.
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 63.4% of total external trade.
Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 566.0 million, resulting mainly from the exports of agricultural products (cereals and produces thereof), oil and oil derivatives, electrical machines and apparatus, road vehicles and iron and steel. Our exports in the referent period amounted to USD 838.7 million, while the imports were USD 272.7 million. The export– import ratio equalled 307.6 %. Expressed in EUR, exports amounted to 695.5 and imports to 226.1 million (surplus amounted to EUR 469.4 million and export – import ratio equalled 307.6%).