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Serbia’s quarterly exchange with the world exceeds 10 billion euros

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The total foreign trade of Serbia in the first three months of this year recorded a growth of 2.6 percent, seen in the dollar sign, while in the euro it grew 5.8 percent, compared to the same period last year.
The value of trade in goods exceeded 11 billion dollars in three months, while the exchange in euros exceeded 10 billion, the Republic Bureau of Statistics said.
Serbia exported goods worth more than 4.6 billion dollars in three months, an increase of 0.1 percent from the same period last year.
On the other hand, imports amounted to 6.5 billion dollars, up 4.4 percent from the same period last year.
The deficit is about 1.9 billion dollars, up 16.6 percent.
In terms of regions, most were exported from Vojvodina, Belgrade region, Sumadija and Western Serbia, and then from Southern and Eastern Serbia.
However, when it comes to imports, the capital city is first with 48.3 percent, followed by Vojvodina with 29.4 percent of imports, followed by Sumadija and Western Serbia (12.9 percent), followed by Southern and Eastern Serbia (8, 8 percent).
Foreign trade in goods was the largest with the countries with which Serbia has signed free trade agreements.
Member States of the European Union make up 60.5 percent of the total trade.
Viewed individually, Germany comes first. Italy, Bosnia and Herzegovina, Romania, Russian Federation, China, Hungary follow.
With CEFTA, our second foreign trade partner, we have a trade surplus of 506 million dollars, driven mainly by exports of agricultural products (cereals and related products), electrical machinery and appliances, oil and petroleum products, road vehicles and beverages, Nova reports.

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