The rise of Serbia’s trade deficit is 52.8% in Jan-March

According to the data that the statistics office reported on Wednesday, Serbia’s trade demonstrated an annual increase by 52.8% to 2.895 billion euro ($3.290 billion) in the first three months of 2025.

Consequently, more details appeared in a press release, reporting that the annual rise of exports equaled to 1.8% and reached 7.346 billion euro in the January-March period, while the increase of imports attained 12.4% (10.241 billion euro).

Meanwhile, the downfall of the export-import ratio was 7.5 % (from 79.2% to 71.7%) in the same period last year.

As for Serbia’s trade deficit, it widened from 698 million euro, creating a trade gap of 1.186 billion euro. Particularly, the increase of exports equaled to 4% on the year to 2.615 billion euro in March, while the growth of imports attained 18.3% (totally 3.801 billion euro).

Comparatively, Serbia’s trade gap growth was 19.9% (totally 9.865 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.

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