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Serbia’s Foreign Trade In goods In The First 4 Months Was 21.94 Billion Euros

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Serbia’s total foreign trade in goods for the period January-April this year amounted to 23,632.9 million dollars (23.6 billion dollars), which is 0.3 percent less compared to the same period of the previous year, and expressed in euros 21,944.7 million euros (21.9 billion euros), which is 3.3 percent more, announced the Republic Institute of Statistics.

Foreign trade in goods was the largest with the countries with which Serbia has signed free trade agreements, while European Union member countries account for 59.7 percent of the total exchange.

Goods worth 10,399.9 million dollars were exported, which is an increase of 9.2 percent compared to the same period of the previous year, and goods worth 13,233 million dollars were imported, which is 6.7 percent less than in the same period. period of the previous year.

The export of goods, expressed in euros, had a value of 9,657.7 million, which is a growth of 13.1 percent compared to the same period of the previous year.

The import of goods had a value of 12,287 million euros, which represents a decrease of 3.3 percent compared to the same period last year.

The deficit amounts to 2,833.1 million dollars, which is a decrease of 39.1 percent compared to the same period of the previous year.

Expressed in euros, the deficit amounts to 2,629.3 million, which is a decrease of 36.9 percent compared to the same period of the previous year.

The coverage of imports by exports is 78.6 percent and is higher than the coverage in the same period of the previous year, when it was 67.2 percent.

Observed regionally, the largest share in Serbia’s exports was the Region of Vojvodina (32.5 percent), followed by the Belgrade Region (24.1 percent), the Region of Šumadija and Western Serbia (20.5 percent), the Region of Southern and Eastern Serbia (19.4 percent), and about 3.5 percent of exports are unclassified by territory.

The largest share in Serbia’s imports was the Belgrade Region (41.7 percent), followed by the Vojvodina Region (35 percent), the Sumadija and Western Serbia Region (12.7 percent), the South and Eastern Serbia Region (8.2 percent), while around 2.4 percent of imports were not classified by territory.

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In the structure of exports by product purpose (predominance principle), the most represented products for reproduction are 63.7 percent ($6,629.1 million), followed by consumer goods, 24.8 percent ($2,575.6 million) and equipment, 11, 5 percent ($1,194.9 million).

Unclassified goods by purpose amount to $0.3 million.

In the structure of imports by product purpose, reproduction products are the most represented 58.5 percent ($7,745.3 million), followed by consumer goods 18.7 percent ($2,478.7 million) and equipment 10.9 percent ($1,440.2 million dollars).

Unclassified goods by purpose amount to 11.9 percent ($1,568.8 million).

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