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

   - USD 45639.9 million - which was an increase of 20.6% compared to the same period 2021;

   - EUR 42381.8million - which was an increase of 34.2% compared to the same period 2021.

The value of exports amounted to USD 18850.5 million, which was 15.1% increase when compared to the same period last year, while the value of imports amounted to USD 26789.4 million, which was 24.8% increase relative to the same period last year.

Expressed in Euros, the value of exports amounted to EUR 17513.5 million, which was 28.2% increase, compared to the same period last year. The value of imports amounted to EUR 24868.3 million, which was 38.8% increase when compared to the same period last year.

The deficit amounted to USD 7938.9 million, which was an increase of 55.8%in relation to the same period last year. The deficit expressed in Euros amounted to 7354.8 million, which was an increase of 72.9% 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 76.3%.

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 58.6% of total external trade.

Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 1786.6 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 2950.3 million, while the imports were USD 1163.7 million. The export– import ratio equalled 253.5 %. Expressed in EUR, exports amounted to 2744.7 and imports to 1083.3 million (surplus amounted to EUR 1661.4 million and export – import ratio equalled 253.4%).

Press release