The overall external trade in the Republic of Serbia for the period January – August 2021 amounted to:
- USD 37843.5 million - which was an increase of 35.0% compared to the same period 2020;
- EUR 31575.0 million - which was an increase of 25.8% compared to the same period 2020.
The value of exports amounted to USD 16376.8 million, which was 37.9% increase when compared to the same period last year, while the value of imports amounted to USD 21466.7 million, which was 32.9% increase relative to the same period last year.
Expressed in Euros, the value of exports amounted to EUR 13662.9 million, which was 28.5% increase, compared to the same period last year. The value of imports amounted to EUR 17912.1 million, which was 23.7% increase when compared to the same period last year.
The deficit amounted to USD 5089.9 million, which was an increase of 18.8% in relation to the same period last year. The deficit expressed in Euros amounted to 4249.2 million, which was the increase of 10.5% compared to the same period last year.
The export - import ratio equalled 76.3% and was higher if compared to the same period last year when it was 73.5%.
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 61.2% of total external trade.
Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 1670.5 million, resulting mainly from the exports of oil and oil derivatives, cereals and produces thereof, electrical machines and apparatus, iron and steel and beverages. Our exports in the referent period amounted to USD 2546.2 million, while the imports were USD 875.7 million. The export– import ratio equalled 290.8 %. Expressed in EUR, exports amounted to 2125.9 and imports to 730.8 million (surplus amounted to EUR 1 395.1 million and export – import ratio equalled 290.9%).