The overall external trade in the Republic of Serbia for the period January-May 2024 amounted to:

   - USD 30152.1 million - which was an increase of 1.1% compared to the same period last year;

   - EUR 27861.0 million - which was a increase of 0.9% compared to the same period last year.

The value of exports amounted to USD 13159.5 million, which was 0.8% increase when compared to the same period last year, while the value of imports amounted to USD 16992.6 million, which was 1.4% increase relative to the same period last year.

Expressed in Euros, the value of exports amounted to EUR 12158.7 million, which was 0.6% increase, compared to the same period last year. The value of imports amounted to EUR 15702.3 million, which was 1.2% increase when compared to the same period last year.

The deficit amounted to USD 3833.0 million, which was an increase of 3.4% in relation to the same period last year. The deficit expressed in Euros amounted to 3543.6 million, which was an increase of 3.3% compared to the same period last year.

The export - import ratio equalled 77.4% and was lower if compared to the same period last year when it was 77.9%.

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 60.3% of total external trade.

Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 1245.2 million, resulting mainly from the exports of cereals and produces thereof, road motor vehicles, beverages, electricity and oil and oil derivatives. Our exports in the referent period amounted to USD 1912.1 million, while the imports were USD 666.9 million. The export– import ratio equalled 286.7 %. Expressed in EUR, exports amounted to 1767.1 and imports to 616.4 million (surplus amounted to EUR 1150.7 million and export – import ratio equalled 286.7%).

Press release