Serbia’s ICT exports rise 20% y/y in Jan-Oct

The exports of Serbia’s information and communication technologies (ICT) sector rose by an annual 20% in the first ten months of 2024, the Office for Information Technologies and eGovernment said on Wednesday.

In the January-October period, the value of Serbia’s ICT sector exports reached 3.342 billion euro ($3.5 billion), resulting in a trade surplus of 2.62 billion euro, the office said in a press release.

In October alone, the value of Serbia’s ICT sector exports amounted to 375 million euro, up 30% year-on-year.

In the decade ended in 2023, Serbia’s revenue from ICT exports increased tenfold. In 2023 alone, the revenue amounted to 3.44 billion euro, the country’s information and telecommunications ministry has said.

Source Link