Tatyana Gracheva

As Serbian President Aleksandar Vucic said on Wednesday during a visit to Belgrade, a free trade agreement between the two countries is going to be established soon by him and his Israeli counterpart, Isaac Herzog.
At a press conference Vucic said that it is extremely important for Serbia to conclude a free trade agreement with the state of Israel as soon as possible. He expressed his belief in mutual benefit for the both sides and confidence that it could be done much faster than normal procedures would dictate.
From his side, Herzog said during a discussion event after the press conference that it should be the main priority, as the achievement of a free trade agreement will bring the benefit to both peoples and help them achieve success together.
According to Vucic, improvement of relations on technology and artificial intelligence, AI had also been talked about. He mentioned a “huge space for cooperation” in areas such as scientific and technological cooperation that exists in further attracting Israeli investments but also in the field of cyber security, that has been discussed many times with Israeli officials.
Serbia reports that both domestic and international organisations monitoring surveillance has a track record of using various types of software produced by Israeli companies for surveillance of anti-government activists among others.
They listed Serbia’s Security Information Agency among users of the software of the Israeli company Circles In 2020, which makes it possible for the user to locate every phone in the country in seconds.
The release of Alon Ohel, who has dual Israeli and Serbian citizenship and has been held hostage by Hamas since its attack on Israel on October 7 last year was urged by both Herzog and Vucic.
Vucic’s condemnation of the Hamas attack in October 2023 was appreciated by Herzog. The war in Gaza that followed, and the mass atrocities reported by international organisations was mostly not talked about in Serbia.
According to a BIRN investigation, arms and/or ammunition worth just over 7.3 million euros were exported to Israel in July by Serbia’s main state-owned arms trader, Yugoimport-SDPR. Due to that, the total value of Serbian arms and ammunition exports to the country in 2024 was brought to 23.1 million euros.
Ongoing Israeli military operations in Gaza and the exports come together. Gaza’s Hamas-run health ministry reports that more than 40,000 Palestinians have been killed and more than 90,000 wounded. Israel’s need for arms is further fueled by an ongoing conflict with Hezbollah in Lebanon.
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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The National Statistics Office of Georgia reports that 7.5 times more vegetables were imported by Georgia in the first seven months of 2024 than were exported ($43.817 million in imports compared to $5.766 million in exports).
Tomatoes ($1.061 million), potatoes ($919,500), cabbage ($357,700), onions ($262,000), and lettuce ($40,500) were the top earners among the vegetables Georgia exported.
Tomatoes ($12.120 million), onions and garlic ($6.046 million), cucumbers ($4.885 million) and potatoes ($2.330 million) were listed among Georgia’s highest import expenses.
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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The total amount of external trade of the Republic of Serbia for the period January-July 2024 equalled to USD 42647.2 million (an increase by 2.6% compared to the same period last year) and EUR 39421.1 million (an increase by 2.8% compared to the same period last year).
An increase by 1.1% was demonstrated by the value of exports (USD 18497.4 million) when compared to the same period last year. A growth by 3.8% relative to the same period last year was shown by the value of imports (USD 24149.8 million).
The value of exports increased by 1.3% compared to the same period last year and reached EUR 17097.7 million. The value of imports grew up by 4.0% compared to the same period last year and attained EUR 22323.4 million.
An increase of 13.8% in relation to the same period last year was shown by the deficit (USD 5652.4 million). Expressed in Euros, the deficit increased by 14.2% compared to the same period last year and reached 5225.7 million.
A decrease by 2 % was demonstrated by the export – import ratio compared to the same period last year.
The highest level of the external trade with the counties with which Serbia has signed agreements on free trade was noted in the reference period. 59.5% of total external trade was accounted for European Union member countries.
The exports of cereals and produces thereof, beverages. road vehicles, oil and oil derivatives and electricity to the CEFTA countries brought Serbia surplus in external trade that amounted to USD 1816.6 million. Serbian exports in the referent period reached USD 2765.7 million, while the imports were USD 949.1 million, with the export– import ratio equalled to 291.4 %. Exports attained 2556.6 EUR and imports reached 877.3 million (surplus amounted to EUR 1679.3 million and export – import ratio equalled 291.4%).
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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