Serbia's January-May external trade at approx. 27.86 bln euros

BELGRADE - Serbia's external goods trade in January-May totalled approx. 27.86 bln euros, which is a 0.9 pct increase y-o-y, according to figures released by the national statistical office.

Goods exports were worth around 12.158 bln euros, rising by 0.6 pct y-o-y, while imports totalled around 15.7 bln euros, growing by 1.2 pct y-o-y.

The deficit was at around 3.54 bln euros, up by 3.3 pct y-o-y.

The export-import ratio was 77.4 pct, down from 77.9 pct in the same period of last year.

External goods trade was the highest with countries with which Serbia has free trade agreements and EU member states accounted for 60.3 pct of the total.

Serbia's main export partners were Germany, Bosnia and Herzegovina, China, Italy and Hungary and its main import partners were Germany, China, Italy, Turkey and Hungary.

In May, goods exports totalled 2.364 bln euros, which is a 3.3 pct decline y-o-y, and imports stood at 3.223 bln euros, which is a 0.6 pct increase y-o-y.