The overall external trade in the Republic of Serbia for the period January - November 2021 amounted to:
- USD 53824.6 million - which was an increase of 30.5% compared to the same period 2020;
- EUR 45324.6 million - which was an increase of 24.8% compared to the same period 2020.
The value of exports amounted to USD 23310.7 million, which was 32.5% increase when compared to the same period last year, while the value of imports amounted to USD 30513.9 million, which was 29.1% increase relative to the same period last year.
Expressed in Euros, the value of exports amounted to EUR 19627.5 million, which was 26.8% increase , compared to the same period last year. The value of imports amounted to EUR 25697.1 million, which was 23.4% increase when compared to the same period last year.
The deficit amounted to USD 7203.3 million, which was an increase of 19.0% in relation to the same period last year. The deficit expressed in Euros amounted to 6069.9 million, which was an increase of 13.6% compared to the same period last year.
The export - import ratio equalled 76.4% and was higher if compared to the same period last year when it was 74.4%.
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 60.7% of total external trade.
Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 2371.1 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 3672.9 million, while the imports were USD 1301.8 million. The export– import ratio equalled 282.1 %. Expressed in EUR, exports amounted to 3095.2 and imports to 1097.5 million (surplus amounted to EUR 1997.7 million and export – import ratio equalled 282.0%).