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

   - USD 17919.4 million - which was an increase of 1.7% compared to the same period last year;

   - EUR 16723.2 million - which was an increase of 6.8% compared to the same period last year.

The value of exports amounted to USD 7831.2 million, which was 10.3% increase when compared to the same period last year, while the value of imports amounted to USD 10088.2 million, which was 4.1% decrease relative to the same period last year.

Expressed in Euros, the value of exports amounted to EUR 7309.7 million, which was 15.8% increase, compared to the same period last year. The value of imports amounted to EUR 9413.5 million, which was 0.7% increase when compared to the same period last year.

The deficit amounted to USD 2257.0 million, which was a decrease of 34.0% in relation to the same period last year. The deficit expressed in Euros amounted to 2103.8 million, which was a decrease of 30.7% compared to the same period last year.

The export - import ratio equalled 77.6% and was higher if compared to the same period last year when it was 67.5%.

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 59.3% of total external trade.

Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 652.7 million, resulting mainly from the exports of electricity, cereals and produces thereof, iron and steel, electrical machines and apparatus, and beverages. Our exports in the referent period amounted to USD 1122.8 million, while the imports were USD 470.1 million. The export– import ratio equalled 238.8 %. Expressed in EUR, exports amounted to 1048.4 and imports to 439.4 million (surplus amounted to EUR 609.0 million and export – import ratio equalled 238.6%).

Press release