In 2023, compared to the year before, Serbia increased the total physical volume of exports by 2.6%, while prices fell by 1.3%, and the total value increased by 1.2%, according to the data of the Republic Institute of Statistics (RZS).
Regarding imports last year compared to 2022, the value is lower by 3%. Prices were lower by 2.6%, while physical volume decreased by 0.5%.
According to these data, when we talk about exports, the physical volume in the field of agriculture, forestry and fishing decreased by 8.8%, while imports increased by 1.1%. Prices in this area, as far as imports are concerned, increased by 4.2% compared to the year before, while the value was 5.4%. Exports in the field of mining experienced a decline, so the physical volume was lower by 11.4%, while the prices fell by 8.6%, and the value by as much as 19.1%. When it comes to imports in this area, the physical volume increased by 8.1%, while prices decreased by 15.8%. Last year, the value was lower by 9%.
Coal imports increased by 91.6%
However, if we look only at the value of coal imports, an increase of 91.6% is observed. The physical volume of coal imports increased by 81.2%, while prices increased by 5.8%. On the other hand, the value of coal exports decreased by 46.5%, while prices increased by 15.4%. However, the physical volume itself fell by 53.6%.
The value of crude oil and natural gas exports fell by a full 86.1%, and the physical volume itself fell by 85.6%, while prices were lower by 3.9%. However, the physical volume of crude oil and natural gas imports increased by 3.8%, while prices were lower by 19.5% and value by 16.5%.
When it comes to imports in the processing industry, the value was higher by 4.2%, and the physical volume by 4.3%, while prices fell by 0.1%. The value fell by 4.6% when we talk about imports, while the physical volume fell by 2.5%. As for prices, they were also lower by 2.2%.
In exports, the physical volume of food products increased by 3.6%, but prices were lower by 4.2%, while the value was lower by 0.7%. The physical volume of imports in this region fell by 2.9%, while prices rose by 10.3% and value by 7.1%.
What stands out in this area is that the prices in the export of printing and duplicating audio and video recordings increased by a full 126.4%, but the physical volume decreased by 67.1%.
