Last year Serbia’s foreign trade goods exchange amounted to 66.6 billion euros and was 31.1 per cent higher than in 2021, the Republic Statistical Office announced.
Exports increased by 26.3 per cent and amounted to 27.6 billion euros, while imports increased by 34.8 per cent and amounted to 39 billion euros.
The deficit amounted to 11.4 billion euros, which is 61.1 per cent more than in 2021, and the coverage of imports by exports was 70.6 per cent and was less than the coverage a year earlier, when it was 75.6 per cent.
Expressed in dollars, foreign trade exchange amounted to 70.2 billion, which is 17.0 per cent more than in 2021.
Goods worth 29 billion dollars were exported, which is an increase of 12.4 per cent compared to the previous year, and goods worth 41.1 billion were imported, or 20.4 per cent more than a year earlier.
The deficit amounted to 12 billion dollars, which is an increase of 44.9 per cent compared to 2021.
Observed regionally, Vojvodina had the largest share in Serbia’s exports, 33.6 per cent, followed by the Belgrade region with 23.3 per cent, while the largest share in imports was the Belgrade region, 42.0 per cent, and Vojvodina with 33.8 per cent.
Reproduction products were the most represented in exports, followed by consumer goods, and equipment, while in imports, reproduction products prevailed, followed by consumer goods, then equipment.
Foreign trade in goods was the largest with the countries with which Serbia has signed free trade agreements, and 58.7 per cent of the total exchange was with the member countries of the European Union.
Our second most important partner was the CEFTA countries, with which we have a trade surplus of 2.4 billion dollars, which is mainly the result of exports of electricity, grain and their products, oil and oil derivatives, iron and steel, and beverages.
Observed individually by country, the largest trade surplus was achieved with Montenegro, followed by Bosnia and Herzegovina and North Macedonia