Serbia’s external trade in Jan and Feb 2024 over EUR 105 billion

Serbia’s overall external trade in the period January- February 2024 amounted to EUR 105 billion, a 1.7% increase compared to the same period last year.

The value of exports amounted to EUR 46 billion, which was a 3.2% increase, compared to the same period last year. The value of imports amounted to EUR 58.88 billion, which was a 1.3% decrease when compared to the same period last year.
The deficit expressed in Euros amounted to 12 billion, a 15.4% decline compared to the same period last year.

The export-to-import ratio stood at 79.2% and was higher compared to the same period last year when it was 75.7%.

The external trade in the reference period noted the highest level with the countries with which we have signed agreements on free trade. European Union member countries account for 60.8% of total external trade.

Serbia’s second major trade partner is the CEFTA countries, with a surplus in external trade amounting to USD 464.5 million, resulting from the exports of electricity, cereals and produces thereof, oil and oil derivatives, road vehicles and beverages. Serbia’s exports amounted to USD 700.5 million, while the imports were USD 236.0 million.

(Biznis.rs, 29.03.2024)

https://biznis.rs/vesti/srbija/spoljnotrgovinska-robna-razmena-srbije-za-dva-meseca-105-milijardi-evra/

This post is also available in: Italiano

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