Serbia’s ICT exports up 19% y/y in Jan-Aug

The exports of Serbia’s information and communication technologies (ICT) sector increased by 19% year-on-year to 2.629 billion euro ($2.851 billion) in the first eight months of 2024, the country’s Office for IT and eGovernment said. Serbia’s ICT exports up 19% y/y in Jan-Aug Pinot Trading/All rights reserved. In August alone, the ICT sector’s exports totalled … Read more

CEFTA adopts 9 accords to enhance trade, jobs, consumer rights

The Central European Free Trade Agreement (CEFTA) said it has adopted nine new agreements to simplify business operations, create new job opportunities, and strengthen consumer rights across the region. CEFTA’s joint committee decided on the recognition of Authorised Economic Operator (AEO) programs between its seven markets, which means that businesses with customs benefits in their … Read more

Serbia, UAE ink deal to improve trade relations

Serbia and the United Arab Emirates (UAE) have signed the Comprehensive Economic Partnership Agreement (CEPA) aiming to boost trade and investment flows between the two countries, UAE President Sheikh Mohamed bin Zayed Al Nahyan said. The agreement is expected to remove or reduce fees on custom tariff lines, lift unnecessary trade barriers, protect intellectual property … Read more

External trade, August 2024

The overall external trade in the Republic of Serbia for the period January-August 2024 amounted to: – USD 48591.9 million – which was an increase of 3.4% compared to the same period last year; – EUR 44850.6 million – which was an increase of 3.5% compared to the same period last year. The value of … Read more

In the first seven months the Serbian ICT sector exported EUR 2.04 billion worth of services

The total export of services in the information and communication technology (ICT) sector amounted to 2.306 billion euros from January to July, representing a 20 percent increase compared to the same period last year, according to the National Bank of Serbia. In July 2024, ICT service exports totaled 362 million euros, which is 29 percent … Read more

Serbia, Israel Presidents Announce Free Trade Agreement

During Israeli President Isaac Herzog’s visit to Belgrade, his Serbian counterpart, Aleksandar Vucic, said that a free trade deal will be agreed ‘as soon as possible’. During a visit to Belgrade by his Israeli counterpart, Isaac Herzog, on Wednesday, Serbian President Aleksandar Vucic said the two countries are planning to establish a free trade agreement … Read more

External trade, July 2024

The overall external trade in the Republic of Serbia for the period January-July 2024 amounted to: – USD 42647.2 million – which was an increase of 2.6% compared to the same period last year; – EUR 39421.1 million – which was an increase of 2.8% compared to the same period last year. The value of … Read more

Serbia Cargo seeking company for forwarding services for import and export of train engines, rail cars and equipment

The company Serbia Cargo has opened the tender for forwarding services worth RSD 60 million. The tender envisages the regular and temporary import and export of, among other things, train engines, rail cars and equipment, the preparation of the accompanying documentation, as well as the preparation of the national transit document. The deadline for applying … Read more

Record export growth is driving Serbia’s cosmetic boom

Cosmetic product exports amounted to €36.8mn in the first five months of 2024, an 8% increase driven by strong demand in regional markets and Russia. / Ichigo121212 via Pixabay Serbia’s cosmetic industry is experiencing unprecedented growth, with exports reaching record levels in the first five months of 2024, according to the latest data from the … Read more