Tatyana Gracheva

Egypt’s Minister of Agriculture and Land Reclamation, Alaa Farouk reported that bilateral trade between Egypt and Serbia has recently made a substantial leap from $94 million in 2022 to approximately $300 million in 2024.
According to the data, Serbian exports to Egypt totally equaled to around $41 million and Egyptian exports to Serbia achieved nearly $72 million. Approximately $180 million was contributed to the overall trade volume by the services sector, primarily tourism.
Ongoing cooperation between the two countries, including the launch of agricultural tractor manufacturing in Serbia by an Egyptian company in partnership with Serbian investors, was highlighted by Minister Farouk on Tuesday during Serbia’s National and Armed Forces Day celebration.
He spoke about Egypt’s potential as a gateway for Serbian products to African markets through the African Continental Free Trade Area (AfCFTA) Agreement. A converse hope for Serbia’s becoming a hub for distributing Egyptian agricultural products to Eastern European countries, leveraging the existing free trade agreement, was expressed by him.
An invitation to Serbian investors to explore opportunities in Egypt was also extended and by Minister Farouk. In his opinion, the country’s favorable investment climate and incentives designed to encourage foreign private sector participation make Serbia attractive for foreign investors.
NH Logistics SER has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Serbia and Eurasia, supporting many clients with their import/export shipments.

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As Ukrainian First Deputy Prime Minister and Economy Minister Yulia Sviridenko said following a meeting with Turkish Trade Minister Omer Bolat, Kiev and Ankara want to expand bilateral trade and to increase mutual trade from $6.2 billion in 2024 to $10 billion.
According to the State Statistics Service, downfall of Ukrainian exports from Turkey attained 6.8% year-on-year ($2.21 billion in 2024), decrease of imports from Turkey was 10.2% ($4.24 billion). 5.3% of exports of goods from Ukraine and 6.0% of imports were accounted for Turkey last year.
Cereals ($0.65 billion, up 12.7% year-on-year), fats and oil ($0.35 billion, down 56.1%), oilseeds ($0.22 billion, down 31.8%), and ferrous metals ($0.16 billion, up 84.5%) were the main items of Ukrainian exports to Turkey in 11M 2024.
Mostly oil and mineral fuels from Turkey ($0.55 billion, down 7.7% year-on-year), ferrous metals ($0.46 billion, up 28.6%), electrical machinery ($0.23 billion, down 9.3%), edible fruit and nuts ($0.20 billion, up 17.7%), and boilers, machinery ($0.20 billion, up 3.3%) were imported by Ukraine in 11M 2024.
NH Logistics UKR has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Ukraine and Eurasia, supporting many clients with their import/export shipments.

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The National Statistics office said on Wednesday that Georgia’s external trade turnover amounted to $2 billion in January (39.3 percent year-on-year increase). The United States ($361.7 million), the United Kingdom ($267.2 million) and Russia ($203.3 million) were top trading partners of the county.
An increase by 19.3 percent was shown by the value of exports ($403.9 million) and 45.5 percent by imports ($1.60 billion) last month.
Kyrgyzstan ($74.9mln), Azerbaijan ($46.2mln) and Kazakhstan ($45.2mln) headed exports, while the US ($357.3mln), the UK ($266.9mln) and Turkey ($172.9mln) topped imports.
Motor cars ($130 million, 32.2% of total exports), spirituous beverages ($14.3 million, 3.5%), copper ores and concentrates ($13.8 million, 3.4%) were the top export items.
Hand-made paintings, drawings and pastels ($481.1 million, 30% of total imports), motor cars ($151 million, 9.4%), petroleum gases and other gaseous hydrocarbons ($106.9 million, 6.7%) were the three top import commodities.
Locally produced goods worth $403.9 million were exported by the country last month (a 19.3 percent year-on-year increase).
According to the Office, the share of domestic exports in total exports constituted 46.1% and amounted to $186.3 million (11.6% increase).
NH Logistics GEO has been offering IOR Importer of Record and EOR Exporter of Record services since 2001 and is a market leader in Georgia and Eurasia, supporting many clients with their import/export shipments.

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