Serbia's January external trade at 4.81 bln euros

BELGRADE - Serbia's external goods trade in January totalled 4.81 bln euros, which is a 4.9 pct decline y-o-y, according to figures released by the national statistical office.

Goods exports were worth 2,142.3 mln euros, declining by 1.6 pct y-o-y.

Goods imports totalled 2,675.0 mln euros, declining by 7.5 pct y-o-y.

The deficit amounted to 532.7 mln euros, down by 25.3 pct y-o-y.

The import-to-export ratio was 80.1 pct, up from 75.2 pct in the same period of last year.

The Vojvodina region had the largest share of exports (34.3 pct) and the Belgrade region had the largest share of imports (41.2 pct).

External trade was the highest with countries with which Serbia has free trade agreements, and EU member states accounted for 61.7 pct of the total.

Serbia's main export partners were Germany, Italy, Hungary, Bosnia and Herzegovina and the Czech Republic and its main import partners were Germany, China, Hungary, Italy and Russia.