The most important elements of the Free Trade Agreement between Serbia and China, which comes into effect on July 01, were presented to companies interested in entering that market. The relevant Ministry announced assistance and visits of Serbian entrepreneurs to encourage them to take advantage of this opportunity, which they say should not be missed. … Read more
The export of goods and services from Serbia increased in the first four months of 2024 by 1.4%, and the imports by 1.3%, expressed in euros, announced the Statistical Office of the Republic of Serbia. The overall external trade in that period amounted to EUR 22.249 billion and was 1.3% higher compared to the same … Read more
The overall external trade in the Republic of Serbia for the period January-April 2024 amounted to: – USD 24097.9 million – which was an increase of 1.9% compared to the same period last year; – EUR 22249.5 million – which was an increase of 1.3% compared to the same period last year. The value of … Read more
Serbian logistics services provider Transfera said it has signed an agreement with the local subsidiary of Austria’s OBB Rail Cargo Group (RCG) to establish a joint company in Serbia. The new company, to be based in Belgrade, will primarily focus on the development of intermodal logistics solutions, Transfera said in a press release on Thursday. … Read more
Serbia is set to become a net exporter to Germany by 2025, overtaking its imports from the economic powerhouse, according to a recent study by the German-Serbian Chamber of Commerce (AHK Serbia). Conducted throughout February and March, the research underscores Serbia’s emergence as one of Germany’s top 50 most significant trading partners, a testament to … Read more
Serbia and Albania saw a notable boost in trade exchange, hitting 311.4 million euros in 2023, an 8% increase from the previous year. Exports from Serbia to Albania surged to 239.5 million euros, up by 11.6%, while imports slightly decreased to 71.8 million euros, resulting in a surplus of 167.7 million euros. This uptick underscores … Read more
Presidents Xi Jinping and Aleksandar Vucic shake hands in a signing ceremony in Belgrade. Photo: Reuters President Xi Jinping said on Wednesday that a free trade agreement between China and Serbia will take effect on July 1. It is one of six measures announced by the president to support the building of a China-Serbia community … Read more
The overall external trade in the Republic of Serbia for the period January-March 2024 amounted to: – USD 17715.6 million – which was a decrease of 1.2% compared to the same period last year; – EUR 16306.3 million – which was a decrease of 2.6% compared to the same period last year. The value of … Read more
Serbia’s IT exports increased by 22% year-on-year in the first two months of 2024, the telecommunications ministry said. The country’s ICT exports amounted to 609 million euro ($649.4 million) in the first two months of the year, the ministry said in a LinkedIn post during the weekend. The ICT sector is one of Serbia’s fastest … Read more
Egyptian President Abdel Fattah Al-Sisi and his Serbian counterpart Aleksandar Vucic on Wednesday reaffirmed their strong historical ties and commitment to further strengthening bilateral relations. The two leaders spoke by phone, discussing a range of issues including regional developments, particularly the ongoing situation in the Middle East. Al-Sisi emphasized the urgency of an immediate ceasefire … Read more