Tatyana Gracheva

As the Statistical Office of the Republic of Serbia (SORS) reports, the value of goods that Serbia exported in the first nine months of this year was 8.9 per cent higher than in the same period last year. Meanwhile, the value of imports grew by 8.2 per cent.
A 9.6 per cent increase influenced export movements most strongly in the manufacturing industry, (87.8% of total exports), mining, (5.6%). Totally, the cumulative growth reached 9.4 per cent.
However, the volume of the largest external trade deficit with China in the first nine months of this year amounted to 3.2 billion euros. The trade deficit with Turkey, attained 747 million euros.
Serbia mainly imported unclassified products, unspecified machinery and equipment, as well as computers and electronic and optical products from China.
The reason of the negative external trade balance with Turkey was high value of imports of basic metals as well as electrical equipment.
According to Tanjug news agency, Germany, Bosnia and Herzegovina, Italy, China and Hungary are countries Serbia exports the most to. China, Germany, Italy, Turkey and Hungary are main importers.
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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According to the trade ministry in Belgrade, Serbia and Georgia launched negotiations about a bilateral free trade agreement (FTA) on Monday.
Serbia’s trade minister Jagoda Lazarevic and Georgia’s minister of economy and sustainable development Mariam Kvrivishvili signed a joint statement for the conclusion of a free trade agreement, expecting to conclude the FTA
by the end of 2026.
As data from Serbia’s chamber of commerce showed, the worth of products that Serbia exported to Georgia in 2024 was about 10 million euro ($11.8 million). These were cigarettes, paper and paperboard, and tyres for passenger cars. Meanwhile, the worth of importing products (lubricating oils, machines) attained 1.7 million euro.
The trade ministry reports that Serbia currently has free trade agreements with China, the EU, Egypt, Turkey, the Eurasian Economic Union, Great Britain, CEFTA, and EFTA countries. Also, the first round of talks on a Comprehensive Economic Partnership Agreement (CEPA) between Serbia and South Korea has been concluded this month. Moreover, Belgrade signed a similar agreement with the United Arab Emirates (UAE) in 2024.
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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According to preliminary data released by the National Statistics Office (Geostat), Georgia’s exports showed strong growth in November 2025 (an increase by 44% year-on-year) and attained $782 million. Simultaneously, imports declined slightly. The worth of goods that Georgia imported in November decreased by 1.4% compared to the same month last year and equals to $1.45 billion.
In a larger scale, the expansion of foreign trade continued in January- November 2025. As a result, the share of total exports increased by 10% year-on-year and amounted to $6.61 billion. However, imports grew up only by 9.3% compared to the same period in 2024 and attained $16.6 billion.
Geostat will published detailed and final foreign trade data for the full year of 2025 on December 19, 2025.
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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According to the data given, Ukraine imported goods worth $75.4 billion and exported goods worth $36.8 billion during this period.
Also, the State Customs Service reports that Ukraine’s trade turnover for January-November 2025 attained $112.2 billion.
Meanwhile, the share of taxable imports amounted to 76% of the total volume of imported goods ($57.6 billion).
China ($17 billion), Poland ($7.1 billion), and Germany ($5.9 billion) were among the countries from which Ukraine imported the most goods. Poland ($4.6 billion), Turkey ($2.5 billion), and Germany ($2.2 billion) were the countries where Ukraine exported the most to.
The share of machinery, equipment, and transport of the total volume of goods imported in January-November was 67% ($30.2 billion). The share of chemical industry products amounted to $11.4 billion. Finally, the share of fuel and energy products was $9.4 billion.
Also, food products ($20.4 billion), metals and steel products ($4.3 billion), and machinery, equipment, and transport ($3.4 billion) were the top three most exported goods from Ukraine.
Meanwhile, the budget received UAH 1.2 billion during customs clearance of exports of goods subject to export duties in January-November 2025.
However, GMK Center reported Ukraine’s trade turnover increase from $99.4 billion to $112.3 billion, demonstrating a 13% growth in 2024 compared to 2023. In total, Ukraine imported goods worth $70.7 billion and exported goods worth $41.6 billion during the year.
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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