External trade, for May 2023

The overall external trade in the Republic of Serbia for the period January-May 2023 amounted to: – USD 29747.1 million – which was a decrease of 0.8% compared to the same period last year; – EUR 27546.7 million – which was an increase of 1.2% compared to the same period last year. The value of … Read more

Serbia wins bid to host EXPO World Fair 2027

Serbia has been selected to host Expo World’s Fair 2027. Addressing a special Serbian Parliament session, Serbian PM Ana Brnabic said “votes from Paris just arrived” confirming the information. “Spain was our competitor in the finals. In 2027, Serbia will be the centre of the world,” said Brnabic. The official presentation of the city of … Read more

Serbian, Chinese companies sign $500 mln trade deals

Serbian companies signed trade agreements with fifteen Chinese state-owned enterprises worth a total of some $500 million (460 million euro) on Thursday, the Serbian government said. Belgrade and Beijing will sign a free trade agreement by the end of 2023, giving Serbian companies a chance to take their share of the Chinese market, infrastructure minister … Read more

Project Which Will Complete Process of Digitization of All Customs Procedures Begins

The project “Implementation of Automated Systems of Import and Export and Customs Decision Management System” officially began on June 12, 2023, which will complete the process of the digitization of all customs procedures, announced the Customs Administration of the Republic of Serbia. In addition to representatives of the Customs Administration, the event was attended by … Read more

Serbia’s Foreign Trade In goods In The First 4 Months Was 21.94 Billion Euros

Serbia’s total foreign trade in goods for the period January-April this year amounted to 23,632.9 million dollars (23.6 billion dollars), which is 0.3 percent less compared to the same period of the previous year, and expressed in euros 21,944.7 million euros (21.9 billion euros), which is 3.3 percent more, announced the Republic Institute of Statistics. … Read more

Serbia-India business forum in early June in Belgrade – Arrival of companies from IT and specialized industry sectors expected

The Serbian Chamber of Commerce will organize the Serbia-India Business Forum in early June, with expected participation of over 100 representatives of companies from Serbia and 24 international companies from India. This was agreed at a meeting between Marko Cadez, president of the Serbian Chamber of Commerce and Sanjiv Kohli, ambassador of India to Serbia. … Read more

External trade, for March 2023

The overall external trade in the Republic of Serbia for the period January- March 2023 amounted to: – USD 17919.4 million – which was an increase of 1.7% compared to the same period last year; – EUR 16723.2 million – which was an increase of 6.8% compared to the same period last year. The value … Read more

Serbia, China agree to lift air traffic restrictions

Serbia and China have signed a memorandum to remove air traffic restrictions between the two countries, the Serbian government said. This agreement will enable the free operation of air transport between China and Serbia, without the restrictions that existed until now for both Chinese and Serbian air carriers, infrastructure minister Goran Vesic said in a … Read more

FX Reserves of National Bank of Serbia Cover Almost 6 Months’ Worth of Import of Goods and Services

Increasing by EUR 176.2 million from a month earlier, gross NBS FX reserves reached EUR 21 billion and 556.8 million euros at end-April, their highest end-of-month level on record (since 2000), the National Bank of Serbia (NBS) announced. – They covered 176% of money supply M1 and 5.7 months’ worth of the country’s imports of … Read more