Export growth and economic reform are Serbia’s targets in 2026

Serbia’s plans for 2026 are ramping up support for exporters, reducing administrative barriers, and strengthening key sectors from agriculture to energy. New wine and animal feed regulations, EU-backed research at BioSense, and expanded export promotion are included in key initiatives. Their aims are boosting competitiveness and fostering closer public-private collaboration.
As President of the Serbian Chamber of Commerce (PKS), Marko Čadež, said, the PKS Center for Economic Initiatives and Rapid Solutions will focus on supporting exporters, cutting administrative barriers, harmonizing certifications, boosting energy efficiency, and tackling the abuse of sick leave in 2026.
They made progress in simplifying environmental procedures, improving the waste management legal framework, and launching initiatives to reduce food waste during 2025. The energy sector improved transparency of cooperation with relevant ministries in electricity pricing and billing. Small businesses got expanded access to more favorable supply models.
Also, import permits, exports of poultry meat and table eggs, and market surpluses in agriculture and trade were among issues the Center worked on. Construction and urban planning, particularly in the issuance of building and occupancy permits also progressed.
They discussed with European partners such key challenges in transport and logistics as Schengen stay limits for drivers, visa regimes, and rising transport costs.
PKS said activities aimed at resolving concrete business issues will continue, with the next meeting of the Center scheduled for mid-January 2026.
Meanwhile, a public consultation on the Draft Law on Animal Feed, running until January 5, 2026 has been opened by the Ministry of Agriculture, with a roundtable discussion planned.
As Agriculture Minister Dragan Glamočić announced, Serbia is planning to ramp up investments in its wine and viticulture sector. The Minister emphasized the government’s commitment to supporting winemakers and winegrowers.
For example, they will set new regulations for viticulture and wine production to clarify criteria and improve control over incentives. Funding for anti-frost systems, hail protection, and modern farm machinery, winery construction and equipment purchases will be among other measures of support.
Meanwhile, winemakers would like to have a predictable, annual calendar of public calls. In response, Glamočić promised that the adoption of the Regulation on the Allocation of Incentives for 2026 will improve transparency.
Also, EU Ambassador Andreas von Becherat highlighted EU support for Serbia’s research capacities and preparations for EU membership during his visit to the BioSense Institute in Novi Sad.
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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Exports beyond expectations boost Georgia’s free trade network

Deputy Minister of Economy Genadi Arveladze says that Georgia has signed free trade agreements with 46 countries and one administrative entity. It grants preferential access to their markets to about 87% of the country’s exports.
According to the Caspian Post, the European Union, China, Hong Kong and the United Arab Emirates are Georgia’s major partners. This gives Georgian producers access to a combined consumer market estimated at USD 2.3 billion.
As Arveladze stated, the government is trying to gain access to an additional market of the Gulf Cooperation Council worth around USD 60 million. The launch of free trade talks with Serbia is being prepared. Also, they plan negotiations with Israel for 2026. Moreover, legal procedures of talks with South Korea are now in progress. As a result of these prospective agreements, Georgian businesses could gain more than USD 130 million in new export opportunities.
Simultaneously, exporters continue to receive the support of the Ministry of Economy through the ‘Enterprise Georgia’ program. It increases international visibility of Georgian products and strengthening their market presence.
All these efforts made exports grow by more than 10% year-on-year during the first 11 months of 2025, beyond annual targets. Georgian goods were shipped to 134 countries, which shows the improvement of export diversification. 70 markets demonstrated growth and 20 countries doubled exports.
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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Free trade agreement between Ukraine and Montenegro has been updated

Amendments to the free trade agreement between the Government of Ukraine and the Government of Montenegro have been signed.
As the press service of the Deputy Prime Minister’s Office reports, the document updates the rules for determining the origin of goods in line with the revised Regional Convention on Pan-Euro-Mediterranean preferential rules of origin. It especially provides simplified rules for international trade and reduces administrative barriers for businesses.
Also, they expect new opportunities to increase exports of Ukrainian goods to the Montenegrin market to appear. It will help Ukrainian producers integrate into international value chains.
Since January 1, 2013, a free trade agreement between Ukraine and Montenegro has been in force.
As the State Statistics Service reports, in January–September 2025 bilateral trade in goods attained USD 124.1 million. Meanwhile, exports reached USD 30.4 million and imports equalled to USD 93.7 million.
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 rise of Serbia’s exports in the first nine months reached 8.9 %

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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Talks on signing free trade agreement between Serbia and Georgia

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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Georgia’s strong export growth is recorded in November 2025

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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The volume of Ukraine’s trade turnover reached $112.2 billion in January-November

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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Georgia is planning to invest $7 Billion in Transport and Infrastructure

As Mariam Kvrivishvili, Georgia’s Minister of Economy and Sustainable Development, announced at the Second Trans‑Caspian Transport Corridor and Connectivity Investors Forum, the country intends to invest USD 7 billion in transport, logistics, and infrastructure projects over the next seven years.
The construction of the Anaklia Deep-Sea Port, a full modernization of the national railway network, expansion and construction of key highways, and the development of a new international airport at Vaziani are included in the investment package.
According to the minister, the aim of these projects is to make Georgia a strategic transit hub connecting Europe and Asia through the so-called “Middle Corridor” due to the country’s location between the Caspian region, the South Caucasus, and the Black Sea.
The role of the Anaklia port in this plan is central. As Kvrivishvili said, the port will handle 600,000 TEUs by 2029, with capacity expected to rise to at least 1 million TEUs by 2035. This move could significantly boost Georgia’s maritime logistics capabilities. Also, is critical to expand port and transport infrastructure for ensuring the “uninterrupted transit of growing trade flows between Europe and Asia.”
According to Kvrivishvili, funding alone would not be enough for the program of such scale. Private sector should also be strongly involved in it. Moreover, international financial institutions should support Georgia’s strategy of combining public investment with private partnerships and international cooperation to develop a modern, multimodal transport network.
However, the modernization of Georgian infrastructure has already begun under the national economic reform program. It comprises expanding and upgrading roads, railways, seaports, and logistics centers, including new deep-water facilities. Regional connectivity goals, integrating Georgia’s networks with broader transport corridors across the Caspian, the South Caucasus, and Europe also align with these investments.
Nevertheless, there are some challenges. Notably, they haven’t finalized les negotiations with a preferred investor for the Anaklia port, announced more than a year ago. Bottlenecks in customs procedures and limited ferry connections between Georgia and European ports Kvrivishvili were also mentioned. They expect full digitalization and better data sharing to improve efficiency.
The nearest plans of the government are focusing on renewing railway rolling stock and freight fleets, completing remaining sections of the Baku–Tbilisi–Kars railway, and deploying unified digital services across logistics networks. Due to these measures, cargo transit times through Georgia can be reduced by up to 30%.
In general, Georgia can become a more competitive and efficient hub for goods moving between Europe, the Caspian region, and Central Asia.
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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A decrease of EU trade with Ukraine in Q3 2025

EU statistics agency Eurostat reported on December 2 a decrease of both EU imports from Ukraine (-5.8 per cent) and EU exports to Ukraine (-5.3 per cent) in the third quarter of 2025 compared with the previous quarter.
Notably, the decrease of imports attained 19.1 per cent. Meanwhile, the increase of exports reached 4.4 per cent, compared with the same quarter of the previous year.
Q2 2025 was the peak of the EU trade surplus with Ukraine (6.4 billion euro). Then, it fell to 6.0 billion euro in Q3 2025.
As for the share for Ukraine in extra-EU exports, it increased from 1.3 per cent in Q3 2021 to 1.7 per cent in Q3 2025. Opposingly, its share in extra-EU imports fell down from 1.3 per cent to 0.8 per cent in the reporting period.
According to Eurostat, the EU has recorded deficits in food, drinks and tobacco, as well as in raw materials, since Q2 2022.
The EU’s Autonomous Trade Measures (ATMs) for Ukraine and suspended tariffs and quotas possibly drive these deficits, reflecting increased imports of these products.
Simultaneously, the EU increased its exports of machinery, vehicles, and other manufactured goods to support Ukraine’s domestic production.
In general, the role of these exports in sustaining Ukraine’s infrastructure and industrial capacity is crucial. This trade dynamic makes the overall EU trade balance increase progressively to six billion euro in surplus in Q3 2025.
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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Joint Agricultural Exports to Third-Country Markets are the subject of Azerbaijani – Georgian Discussion

The prospects of establishing joint trade relations with third countries in the agricultural sector were in the spotlight of Azerbaijani – Georgian discussions at a meeting between Azerbaijani Agriculture Minister Majnun Mammadov and Gela Samkharauli, Chairman of the Agrarian Committee of the Georgian Parliament.
Agriculture Minister Majnun Mammadov has led the Azerbaijani delegation during an official visit to Georgia since November 26.
As the Center for Analysis of Economic Reforms and Communications of Azerbaijan reports, agricultural and agro-industrial exports increased by 19.1% year-on-year in January-October, reaching $1.03 billion.
Also, the volume of agricultural products increased by 27.5% and reached $769.7 million. Meanwhile, agro-industrial products decreased by 0.34% and attained $260 million.
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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