May 13, 2022

According to the data of Statistical Office of the Republic of Serbia, the overall external trade in Serbia for the period January-March 2022 amounted to:

– USD 17030.9 million – which was an increase of 30.0% compared to the same period 2021;

– EUR 15147.5 million – which was an increase of 39.6% compared to the same period 2021.

The value of exports amounted to USD 6986.4 million, which was 19.7% increase when compared to the same period last year, while the value of imports amounted to USD 10044.5 million, which was 38.4% increase relative to the same period last year.

Expressed in Euros, the value of exports amounted to EUR 6215.8 million, which was 28.5% increase, compared to the same period last year. The value of imports amounted to EUR 8931.7 million, which was 48.5% increase when compared to the same period last year.

The deficit amounted to USD 3058.1 million, which was an increase of 115.2% in relation to the same period last year. The deficit expressed in Euros amounted to 2715.9 million, which was an increase of 130.4% compared to the same period last year.

The export – import ratio equalled 69.6% and was lower if compared to the same period last year when it was 80.4%.

The external trade in the reference period noted the highest level with the countries with which Serbia has signed agreements on free trade. European Union member countries account for 60.5% of total external trade.


Source: Statistical Office of the Republic of Serbia
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