The overall external trade in the Republic of Serbia for the period January-March 2022 amounted to:
- USD 17030.9 million - which was an increase of 30.0% compared to the same period 2021;
- EUR 15147.5 million - which was an increase of 39.6% compared to the same period 2021.
The value of exports amounted to USD 6986.4 million, which was 19.7% increase when compared to the same period last year, while the value of imports amounted to USD 10044.5 million, which was 38.4% increase relative to the same period last year.
Expressed in Euros, the value of exports amounted to EUR 6215.8 million, which was 28.5% increase, compared to the same period last year. The value of imports amounted to EUR 8931.7 million, which was 48.5% increase when compared to the same period last year.
The deficit amounted to USD 3058.1 million, which was an increase of 115.2% in relation to the same period last year. The deficit expressed in Euros amounted to 2715.9 million, which was an increase of 130.4% compared to the same period last year.
The export - import ratio equalled 69.6% and was lower if compared to the same period last year when it was 80.4%.
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 60.5% of total external trade.
Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 635.7 million, resulting mainly from the exports of iron and steel, oil and oil derivatives, agricultural products (cereals and produces thereof), electrical machines and apparatus and electricity. Our exports in the referent period amounted to USD 1047.1 million, while the imports were USD 411.4 million. The export– import ratio equalled 254.5 %. Expressed in EUR, exports amounted to 932.3 and imports to 366.2 million (surplus amounted to EUR 566.1 million and export – import ratio equalled 254.6%).
Press release