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

   - USD 62453.0 million - which was an increase of 16.0% compared to the same period 2021;

   - EUR 59277.1million - which was an increase of 30.8% compared to the same period 2021.

The value of exports amounted to USD 26120.4 million, which was 12.0% increase when compared to the same period last year, while the value of imports amounted to USD 36332.6 million, which was 19.1% increase relative to the same period last year.

Expressed in Euros, the value of exports amounted to EUR 24816.7 million, which was 26.4% increase, compared to the same period last year. The value of imports amounted to EUR 34460.4 million, which was 34.1% increase when compared to the same period last year.

The deficit amounted to USD 10212.3 million, which was an increase of 41.8% in relation to the same period last year. The deficit expressed in Euros amounted to 9643.6 million, which was an increase of 58.9% compared to the same period last year.

The export - import ratio equalled 71.9% and was lower if compared to the same period last year when it was 76.4%.

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 2420.9 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 4029.9 million, while the imports were USD 1609.0 million. The export– import ratio equalled 250.5 %. Expressed in EUR, exports amounted to 3830.1 and imports to 1530.8 million (surplus amounted to EUR 2299.3 million and export – import ratio equalled 250.2%).

Press release