In 2021, the total foreign trade of Serbia amounted to 50.2 billion euros

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In 2021, the total foreign trade of Serbia amounted to 50.2 billion euros, which is 25 percent more than in the previous year, 2020.

A total of 21.6 billion euros worth of goods were exported, which is a growth of 26.8 percent, while imports increased by 24.6 percent and amounted to 28.6 billion euros, the Republic Bureau of Statistics announced. Thus, the foreign trade deficit reached 6.98 billion euros and was 18.3 percent higher than in 2020.

The coverage of imports by exports was 75.6 percent. The largest foreign trade partner was the EU, with which Serbia completed 60.3 percent of trade. Our second most important partner are the CEFTA countries, with which we have a trade surplus of 2.14 billion euros, and to which we mainly export oil and oil derivatives, cereals and their products, iron and steel, electrical machines and appliances, as well as beverages. In CEFTA, we exported 34 billion euros and imported 1.26 billion euros.

Writes: danas.rs