External Trade of Serbia 1.4% Lower in 2020

Source: eKapija Sunday, 18.07.2021. 11:55
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The overall external trade in the Republic of Serbia for the period January - December 2020 amounted to USD 45,734.1 million, which was a decrease of 1.4% compared to the same period 2019, that is, EUR 40,012.1 million, which was a decrease of 3.4% compared to the same period 2019, announced the Statistical Office of the Republic of Serbia.

The value of exports amounted to USD 19,500.8 million, which was 0.7% decrease when compared to the same period of the previous year, while the value of imports amounted to USD 26,233.3 million, which was 1.9% decrease relative to the same period of the previous year.

Expressed in euros, the value of exports amounted to EUR 17,054.5 million, which was 2.7% decrease compared to the same period of the previous year.

The value of imports amounted to EUR 22,957.6 million, which was 3.8% decrease when compared to the same period of the previous year.


The deficit amounted to USD 6,732.5 million, which was a decrease of 5.1% in relation to the same period of the previous year.

The deficit expressed in euros amounted to 5,903.0 million, which was a decrease of 6.9% compared to the same period of the previous year.

The export - import ratio equaled 74.3% and was higher if compared to the same period the previous year when it was 73.4%.

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