Serbian 2018 exports 8.2 pct up, imports 13 pct up

Serbia's overall external trade rose 10.9 pct to 38.2 bln euros in 2018 - exports were 8.2 pct up and imports were 13 pct up y-o-y.

16 Jul 2019 19:14

BELGRADE - Serbia's overall external trade rose 10.9 pct to 38.2 bln euros in 2018 - exports were 8.2 pct up and imports were 13 pct up y-o-y.

Exports totalled 16.28 bln euros and imports stood at 21.91 bln euros, resulting in a 5.63 bln euro deficit, which is 29.7 pct up compared to the previous year, the Serbian national statistical office RZS said in a statement.

The export-import ratio was 74.3 pct - down from 77.5 pct a year before, it said.

The Vojvodina region accounted for most of Serbia's exports (34.7 pct), while the Belgrade region had the largest share of the imports (46.1 pct).

External trade was the highest with countries with which Serbia has free trade agreements, and EU member states accounted for 63.2 pct of the total, the RZS said.


Photo: pixabay.com, image

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