The overall external trade in the Republic of Serbia for the period January 2023 amounted to:

   - USD 5430.2 million - which was an increase of 9.7% compared to the same period last year;

   - EUR 5055.5 million - which was an increase of 16.0% compared to the same period last year.

The value of exports amounted to USD 2341.8 million, which was 14.4% increase when compared to the same period last year, while the value of imports amounted to USD 3088.4 million, which was 6.4% increase relative to the same period last year.

Expressed in Euros, the value of exports amounted to EUR 2182.8 million, which was 21.1% increase, compared to the same period last year. The value of imports amounted to EUR 2872.7 million, which was 12.5% increase when compared to the same period last year.

The deficit amounted to USD 746.5 million, which was a decrease of 12.7% in relation to the same period last year. The deficit expressed in Euros amounted to 689.9 million, which was a decrease of 8.1% compared to the same period last year.

The export - import ratio equalled 75.8% and was higher if compared to the same period last year when it was 70.5%.

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 57.8% of total external trade.

Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 151.2 million, resulting mainly from the exports of electricity, cereals and produces thereof, electrical machines and apparatus, road vehicles and iron and steel. Our exports in the referent period amounted to USD 302.1 million, while the imports were USD 150.9 million. The export– import ratio equalled 200.2 %. Expressed in EUR, exports amounted to 281.9 and imports to 141.7 million (surplus amounted to EUR 140.2 million and export – import ratio equalled 198.9%).

Press release