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

   - USD 42647.2 million - which was an increase of 2.6% compared to the same period last year;

   - EUR 39421.1 million - which was an increase of 2.8% compared to the same period last year.

The value of exports amounted to USD 18497.4 million, which was 1.1% increase when compared to the same period last year, while the value of imports amounted to USD 24149.8 million, which was 3.8% increase relative to the same period last year.

Expressed in Euros, the value of exports amounted to EUR 17097.7 million, which was 1.3% increase, compared to the same period last year. The value of imports amounted to EUR 22323.4 million, which was 4.0% increase when compared to the same period last year.

The deficit amounted to USD 5652.4 million, which was an increase of 13.8% in relation to the same period last year. The deficit expressed in Euros amounted to 5225.7 million, which was an increase of 14.2% compared to the same period last year.

The export - import ratio equalled 76.6% and was lower if compared to the same period last year when it was 78.6%.

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 59.5% of total external trade.

Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 1816.6 million, resulting from the exports of cereals and produces thereof, beverages. road vehicles, oil and oil derivatives and electricity. Our exports in the referent period amounted to USD 2765.7 million, while the imports were USD 949.1 million. The export– import ratio equalled 291.4 %. Expressed in EUR, exports amounted to 2556.6 and imports to 877.3 million (surplus amounted to EUR 1679.3 million and export – import ratio equalled 291.4%).

Press release