The overall external trade in the Republic of Serbia for the period January-November 2024 amounted to:
- USD 67738.5 million - which was an increase of 4.5% compared to the same period last year;
- EUR 62384.9 million - which was an increase of 3.9% compared to the same period last year.
The value of exports amounted to USD 29194.9 million, which was 2.3% increase when compared to the same period last year, while the value of imports amounted to USD 38543.6 million, which was 6.3% increase relative to the same period last year.
Expressed in Euros, the value of exports amounted to EUR 26885.5 million, which was 1.7% increase, compared to the same period last year. The value of imports amounted to EUR 35499.4 million, which was 5.7% increase when compared to the same period last year.
The deficit amounted to USD 9348.7 million, which was an increase of 21.0% in relation to the same period last year. The deficit expressed in Euros amounted to 8613.9 million, which was an increase of 20.4% compared to the same period last year.
The export - import ratio equalled 75.7% and was lower if compared to the same period last year when it was 78.7%.
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 58.6% of total external trade.
Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 2826.0 million, resulting from the exports of cereals and produces thereof, beverages, oil and oil derivatives, electricity and road vehicles. Our exports in the referent period amounted to USD 4449.4 million, while the imports were USD 1623.4 million. The export– import ratio equalled 274.1 %. Expressed in EUR, exports amounted to 4096.8 and imports to 1493.6 million (surplus amounted to EUR 2603.2 million and export – import ratio equalled 274.3%).
Press release