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

   - USD 40342.6 million - which was an increase of 21.1% compared to the same period 2021;

   - EUR 37176.7 million - which was an increase of 35.1% compared to the same period 2021.

The value of exports amounted to USD 16673.3 million, which was 16.3% increase when compared to the same period last year, while the value of imports amounted to USD 23669.3 million, which was 26.5% increase relative to the same period last year.

Expressed in Euros, the value of exports amounted to EUR 15373.2 million, which was 28.9% increase, compared to the same period last year. The value of imports amounted to EUR 21803.5 million, which was 40.0% increase when compared to the same period last year.

The deficit amounted to USD 6996.0 million, which was an increase of 59.7%in relation to the same period last year. The deficit expressed in Euros amounted to 6430.3 million, which was an increase of 76.3% compared to the same period last year.

The export - import ratio equalled 70.4% and was lower if compared to the same period last year when it was 76.6%.

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 59.1% of total external trade.

Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 1582.7 million, resulting mainly from the exports of oil and oil derivatives,  agricultural products (cereals and produces thereof), iron and steel, beverages and electrical machines and apparatus. Our exports in the referent period amounted to USD 2588.8 million, while the imports were USD 1006.1 million. The export– import ratio equalled 257.3%. Expressed in EUR, exports amounted to 2389.5 and imports to 928.6 million (surplus amounted to EUR 1460.9 million and export – import ratio equalled 257.3%).

Press release