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Serbia growth beats initial estimate as consumption and exports offset industrial weakness

Serbia’s economy grew 3.8% year on year in the second quarter of 2026, exceeding an initial estimate of 3.6%, as strong consumer spending, services and...

Serbia’s exports outpace imports as seven-month trade deficit shrinks 12.6%

Serbia’s merchandise exports grew twice as fast as imports in the first seven months of 2026, cutting the country’s trade deficit by 12.6% and providing a...

Serbia’s first-half trade reaches €39.65bn as exports outpace imports

Serbia’s merchandise trade reached €39.65bn in the first half of 2026, rising 5.8% year on year, but the more important development lies beneath the headline: exports...

Serbian industrial companies face a new electricity and CBAM cost divide

Domestic renewable PPAs can protect operating margins, but they do not automatically reduce the EU carbon liability attached to Serbian exports. By CBAM.Clarion.Engineer The European Union’s Carbon...

Exports outpace imports and narrow Serbia’s trade deficit

Merchandise trade expanded strongly in the first five months of 2026, while the export-to-import coverage ratio improved substantially. Serbia’s total merchandise trade reached USD 37.84...

Services and exports reduce Serbia’s external deficit as foreign investment changes direction

Serbia’s external trade reached €39.65bn during the first half of 2026, an increase of 5.8 per cent from a year earlier. The headline confirms the economy’s close...

Serbia’s exports outpace imports as trade reaches €74.9bn

Serbia’s merchandise trade expanded substantially in 2025, with exports growing faster than imports and slightly improving the economy’s external coverage ratio. The figures point to...

Serbia’s regional trade map is shifting beneath the export recovery

Serbia’s 2026 export recovery looks strong at the national level, but the regional trade map beneath it is changing in ways that deserve closer...

Serbia’s recovery tests the limits of Balkan resilience

Growth has returned, exports are firmer and consumers are still spending. But high rates, political tension and external shocks mean Serbia’s 2026 recovery is...

Serbia’s export production now represents more than half of GDP on a gross basis, but the domestic value-added story is thinner

Serbia’s economy is no longer a closed domestic-demand model. Measured by gross exports of goods and services against nominal GDP, export-facing production is now...

Manufacturing’s 87.6% share of Serbian exports and the structure of industrial dependence

Serbia’s export model in 2025 can be summarized in one number: 87.6%. That was the share of total exports generated by manufacturing. It is...

Export engines of Serbia’s economy: Automotive production, industrial components and the European supply chain

Serbia’s export structure in 2025 reveals an economy increasingly shaped by industrial manufacturing and tightly integrated into the production networks of the European Union....

Serbia’s merchandise trade grows in 2025 with exports increasing and trade deficit widening modestly

Serbia’s external merchandise trade recorded tangible growth in 2025, according to the latest preliminary statistical release from the Statistical Office of the Republic of Serbia. The...

Serbia’s external trade in 2025 shows strong export momentum amid a persistent import gap

The latest annual release from the Statistical Office of the Republic of Serbia confirms that 2025 marked another year of solid expansion in Serbia’s external trade, underpinned by...
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