The overall external trade in the Republic of Serbia for the period January - October 2021 amounted to:
- USD 48399.7 million - which was an increase of 31.8% compared to the same period 2020;
- EUR 40595.6 million - which was an increase of 25.0% compared to the same period 2020.
The value of exports amounted to USD 20995.2 million, which was 33.8% increase when compared to the same period last year, while the value of imports amounted to USD 27404.5 million, which was 30.3% increase relative to the same period last year.
Expressed in Euros, the value of exports amounted to EUR 17608.9 million, which was 27.0% increase, compared to the same period last year. The value of imports amounted to EUR 22986.7 million, which was 23.5% increase when compared to the same period last year.
The deficit amounted to USD 6409.3 million, which was an increase of 19.8% in relation to the same period last year. The deficit expressed in Euros amounted to 5377.8 million, which was an increase of 13.2% compared to the same period last year.
The export - import ratio equalled 76.6% and was higher if compared to the same period last year when it was 74.6%.
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 60.8% of total external trade.
Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 2137.9 million, resulting mainly from the exports of oil and oil derivatives, cereals and produces thereof, iron and steel, electrical machines and apparatus, as well as beverages. Our exports in the referent period amounted to USD 3287.7 million, while the imports were USD 1149.8 million. The export– import ratio equalled 285.9 %. Expressed in EUR, exports amounted to 2759.4 and imports to 965.1 million (surplus amounted to EUR 1794.3 million and export – import ratio equalled 285.9%).