As the statistical office said on Friday, Serbia’s trade deficit narrowed by an annual 14% to 3.7 billion euro ($4.2 billion) in the first six months of 2026.
According to the data released by the statistical office, exports grew by 8.3% on the year to 18 billion euro In January-June. Meanwhile, imports increased by 3.7% to 21.7 billion euro.
Also, in the review period the export-import ratio attained 82.9%, compared to 79.4% in the first six months of 2025.
Electrical machines were Serbia’s most exported products in January-June (1.9 billion euro). Then followed road vehicles (1.87 billion euro), metal ores and residues (1.3 billion euro).
Electrical machines (1.6 billion euro), oil and oil derivatives (1.4 billion euro), and road vehicles (1.2 billion euro) constituted Serbia’s imports.
Germany (2.7 billion euro), Italy (1.5 billion euro) and China (1 billion euro) were Serbia’s main export destinations In January-June. Serbia imported goods mainly from China (3.4 billion euro), Germany (2.5 billion euro), and Italy (1.5 billion euro).
Nevertheless, Serbia’s trade gap widened from 454.9 million euro to 777.5 million euro deficit in June. Exports showed a 9% increase on the year and attained 3.2 billion euro in June. Meanwhile, the growth of imports was 17.3%. The total volume reached nearly 4 billion euro. The expansion of Serbia’s trade deficit in 2025 was 2.9% (8.8 billion euro).
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.
Source Link