Serbia’s export grows by 1.4 percent in the first four months of 2024

Serbia’s export of goods and services increased in the first four months of 2024 by 1.4%, and the imports by 1.3%, expressed in euros, announced the Serbian Statistical Office. The overall external trade in that period amounted to EUR 22.249 billion and was 1.3% higher compared to the same period in 2023.

In the first four months, the value of exports amounted to EUR 9.779 billion and the value of imports amounted to EUR 12.470 billion. The deficit amounted to EUR 2.691 billion, which was an increase of 0.7% compared to the same period last year.

The export-import ratio stood at 78.4% and was higher if compared to the same period last year when it was 78.3%.

The Vojvodina Region (33.8%) had the biggest share in Serbian exports, while the Belgrade Region (43.4%) had the greatest import share.

Trading with the European Union member countries accounts for 61.1% of Serbia’s total external trade.

Observed by countries, the largest surplus in the external trade was generated with neighbouring countries – Montenegro (Serbia mostly exports of electricity and medication to Montenegro and imports electricity and dried meat) and Bosnia and Herzegovina (Serbia exports mostly gas oils and motor oil and imports electricity and lignite).

The greatest deficit was recorded in trading with China (due to Serbia’s imports of mobile phones and laptops).

(eKapija, 02.06.2024)

This post is also available in: Italiano

Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *

scroll to top