The overall external trade in the Republic of Serbia for the period January- December 2022 amounted to:
– USD 70214.0 million – which was an increase of 17.0% compared to the same period 2021;
– EUR 66620.3 million – which an increase of 31.2% compared to the same period 2021.
The value of exports amounted to USD 29059.5 million, which was 12.4% increase when compared to the same period last year, while the value of imports amounted to USD 41154.5 million, which was 20.4% increase relative to the same period last year.
Expressed in Euros, the value of exports amounted to EUR 27605.9 million, which was 26.3% increase, compared to the same period last year. The value of imports amounted to EUR 39014.4 million, which was 34.8% increase when compared to the same period last year.
The deficit amounted to USD 12095.0 million, which was increase 45.0%in relation to the same period last year. The deficit expressed in Euros amounted to 11408.6 million, which was an increase of 61.2% compared to the same period last year.
The export – import ratio equalled 70.6% and was higher if compared to the same period last year when it was 75.6%.
The external trade in the reference period noted the highest level with the counties with which we have signed agreements on free trade. European Union member countries account for 58.7% of total external trade.
Our second major partner refers to the CEFTA countries, since our gained surplus in external trade amounted to USD 2476.6 million, resulting mainly from the exports of electricity, cereals and produces thereof, oil and oil derivatives, iron and steel, and beverages. Our exports in the referent period amounted to USD 4614.5 million, while the imports were USD 2137.9 million. The export– import ratio equaled 215.8 %. Expressed in EUR, exports amounted to 4387.5 and imports to 2026.5 million (surplus amounted to EUR 2361.0 million and export – import ratio equaled 216.5%).