The overall external trade in the Republic of Serbia for the period January- February 2023 amounted to:
- USD 11258.5 million - which was an increase of 2.9% compared to the same period last year;
- EUR 10472.8 million - which was an increase of 8.7% compared to the same period last year.
The value of exports amounted to USD 4869.3 million, which was 11.6% increase when compared to the same period last year, while the value of imports amounted to USD 6389.2 million, which was 2.8% decrease relative to the same period last year.
Expressed in Euros, the value of exports amounted to EUR 4530.9 million, which was 17.91% increase, compared to the same period last year. The value of imports amounted to EUR 5941.9 million, which was 2.7% increase when compared to the same period last year.
The deficit amounted to USD 1520.0 million, which was a decrease of 31.2% in relation to the same period last year. The deficit expressed in Euros amounted to 1411.0 million, which was a decrease of 27.4% compared to the same period last year.
The export - import ratio equalled 76.2% and was higher if compared to the same period last year when it was 66.4%.
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 58.4% of total external trade.
Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 359.9 million, resulting mainly from the exports of electricity, cereals and produces thereof, electrical machines and apparatus, iron and steel and beverages. Our exports in the referent period amounted to USD 664.9 million, while the imports were USD 305.0 million. The export– import ratio equalled 218.0 %. Expressed in EUR, exports amounted to 618.9 and imports to 284.4 million (surplus amounted to EUR 334.5 million and export – import ratio equalled 217.6%).
Press release