The overall external trade in the Republic of Serbia for the period January- December2021 amounted to:
- USD 59364.8 million - which was an increase of 29.8% compared to the same period 2020;
- EUR 50225.9 million - which an increase of 25.5% compared to the same period 2020.
The value of exports amounted to USD 25566.2 million, which was 31.1% increase when compared to the same period last year, while the value of imports amounted to USD33798.6 million, which was 28.8% increase relative to the same period last year.
Expressed in Euros, the value of exports amounted to EUR 21623.2 million, which was 26.8% increase, compared to the same period last year. The value of imports amounted to EUR 28602.7 million, which was 24.6% increase when compared to the same period last year.
The deficit amounted to USD8232.5 million, which was increase 22.3%in relation to the same period last year. The deficit expressed in Euros amounted to 6979.6 million, which was an increase of 18.2% compared to the same period last year.
The export - import ratio equalled 75.6% and was higher if compared to the same period last year when it was 74.3%.
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 60.3% of total external trade.
Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 2542.3 million, resulting mainly from the exports of oil and oil derivatives, cereals and produces thereof, iron and steel, electrical machines and apparatus and beverages. Our exports in the referent period amounted to USD 4030.4 million, while the imports were USD 1488.1 million. The export– import ratio equaled 270.8 %. Expressed in EUR, exports amounted to 3411.4 and imports to 1262.4 million (surplus amounted to EUR 2149.0 million and export – import ratio equaled 270.2%).