Serbia’s total foreign trade in 2015 was EUR 28,4 billion, a 6.6 percent increase compared to the year before, the Statistical Office said last week.
Exports rose 7.8 percent to some EUR 12 billion, and imports saw a 5.8 percent increase to EUR 16.4 billion, Beta agency reported.
The 2015 foreign trade deficit was EUR 4.4 billion – 0.6 percent more than the year before.
The Vojvodina province region accounted for most of Serbia’s exports, while Belgrade was the number one importer.
Serbia exported mainly to Italy, Germany, Bosnia-Herzegovina, Romania and the Russian Federation. When it comes to imports, the list includes Germany, Italy, the Russian Federation, China and Hungary.
Forex at EUR 11.81 billion
Foreign-exchange reserves totaled EUR 11.81 billion at the end of December 2015 – around EUR 340 million less than in the month before, the National Bank of Serbia (NBS) said in a statement.
The NBS foreign-exchange reserves amounted to EUR 10.37 billion in December, with bank reserves at EUR 1.43 billion.
Gold accounted for EUR 566.3 million of the total EUR 10.37 billion reserves of the NBS, with special drawing rights accounting for EUR 15 million. Securities accounted for around EUR 6.92 billion of the reserves in December, with assets and deposits abroad at EUR 2.87 billion.
In 2015, total foreign currency reserves were at their highest in March, when they totalled EUR 12.168 billion and, at their lowest in January, when they totalled EUR 11.61 billion.
The NBS foreign exchange reserves were at their highest in November, when they amounted to EUR 10.74 billion, and at their lowest in January, when they totalled EUR 10.04 billion.
Izvor; B92
