The overall external trade in the Republic of Serbia for the period January – July 2021 amounted to:

   - USD 33019.0 million - which was an increase of 35.4% compared to the same period 2020;

   - EUR 27479.2 million - which was an increase of 24.7% compared to the same period 2020.

The value of exports amounted to USD 14332.7 million, which was 38.9% increase when compared to the same period last year, while the value of imports amounted to USD 18686.3 million, which was 32.8% increase relative to the same period last year.

Expressed in Euros, the value of exports amounted to EUR 11927.3 million, which was 28.0% increase, compared to the same period last year. The value of imports amounted to EUR 15551.9 million, which was 22.3% increase when compared to the same period last year.

The deficit amounted to USD 4353.6 million, which was an increase of 16.1% in relation to the same period last year. The deficit expressed in Euros amounted to 3624.6 million, which was the increase of 6.7% compared to the same period last year.

The export - import ratio equalled 76.7% and was higher 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 61.9% of total external trade.

Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD   1434.3 million, resulting mainly from the exports of oil and oil derivatives, cereals and produces thereof, electrical machines and apparatus, iron and steel and road vehicles. Our exports in the referent period amounted to USD 2186.6 million, while the imports were USD 752.3 million. The export– import ratio equalled 290.7 %. Expressed in EUR, exports amounted to 1820.6 and imports to 626.1 million (surplus amounted to EUR 1194.5 million and export – import ratio equalled 290.8%).

Press release