Serbia’s total foreign trade turnover for January 2025 reached €5.18 billion, reflecting a 6.4% increase compared to the same period last year, according to the Statistical Office of the Republic of Serbia.
Exports, valued in euros, amounted to €2.22 billion, representing a 1.6% increase compared to January of the previous year. Imports totaled €2.98 billion, showing a rise of 10.4% compared to the same period last year. The trade deficit stood at €733.3 million, an increase of 50% compared to the previous year.
The import coverage by exports is 75.2%, lower than the 81.8% recorded during the same period last year.
The largest foreign trade exchange was with countries with which Serbia has free trade agreements. European Union member states account for 55.3% of the total trade.
Serbia’s second most important trading partners are CEFTA countries, with which it recorded a surplus of $195.9 million, primarily due to exports of electricity, cereals and their products, oil and petroleum products, beverages, and medical and pharmaceutical products. Exports to CEFTA countries totaled $327.3 million, while imports amounted to $131.4 million during the observed period. The import coverage by exports was 249.1%. In euros, exports amounted to €316.7 million, imports to €127.3 million, resulting in a surplus of €189.4 million and an import coverage of 248.8%.
