The overall external trade in the Republic of Serbia for the period January- October 2022 amounted to:
- USD 56814.2 million - which was an increase of 17.4% compared to the same period 2021;
- EUR 53694.0million - which was an increase of 32.3% compared to the same period 2021.
The value of exports amounted to USD 23674.0 million, which was 12.8% increase when compared to the same period last year, while the value of imports amounted to USD 33140.2 million, which was 20.9% increase relative to the same period last year.
Expressed in Euros, the value of exports amounted to EUR 22394.2 million, which was 27.2% increase, compared to the same period last year. The value of imports amounted to EUR 31299.8 million, which was 36.1% increase when compared to the same period last year.
The deficit amounted to USD 9466.2 million, which was an increase of 47.6% in relation to the same period last year. The deficit expressed in Euros amounted to 8905.6 million, which was an increase of 65.6% compared to the same period last year.
The export - import ratio equalled 71.4% 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 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 2234.4 million, resulting mainly from the exports of agricultural products (cereals and produces thereof), oil and oil derivatives, iron and steel, beverages and electrical machines and apparatus. Our exports in the referent period amounted to USD 3693.1 million, while the imports were USD 1458.7 million. The export– import ratio equalled 253.2 %. Expressed in EUR, exports amounted to 3496.0 and imports to 1381.8 million (surplus amounted to EUR 2114.2 million and export – import ratio equalled 253.0%).