The overall external trade in the Republic of Serbia for the period January- June 2022 amounted to:

   - USD 35096.7 million - which was an increase of 25.6% compared to the same period 2021;

   - EUR 32049.3 million - which was an increase of 38.3% compared to the same period 2021.

The value of exports amounted to USD 14395.1 million, which was 18.6% increase when compared to the same period last year, while the value of imports amounted to USD 20701.6 million, which was 31.1% increase relative to the same period last year.

Expressed in Euros, the value of exports amounted to EUR 13147.3 million, which was 30.5% increase, compared to the same period last year. The value of imports amounted to EUR 18902.0 million, which was 44.2% increase when compared to the same period last year.

The deficit amounted to USD 6306.5 million, which was an increase of 72.8% in relation to the same period last year. The deficit expressed in Euros amounted to 5754.7 million, which was an increase of 89.9% compared to the same period last year.

The export - import ratio equalled 69.5% and was lower if compared to the same period last year when it was 76.9%.

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 58.8% of total external trade.

Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 1385.9 million, resulting mainly from the exports of oil and oil derivatives, agricultural products (cereals and produces thereof), iron and steel, electrical machines and apparatus and beverages. Our exports in the referent period amounted to USD 2243.9 million, while the imports were USD 858.0 million. The export– import ratio equalled 261.5 %. Expressed in EUR, exports amounted to 2052.2 and imports to 783.7 million (surplus amounted to EUR 1268.5 million and export – import ratio equalled 261.9%).

Press release