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The Government of the Republic of Serbia

In the service of citizens

External trade drops in first six months of 2015

Belgrade, 31 July 2015

The Serbian Statistical Office stated today that the total external trade of Serbia for the period January-June 2015 stands at $15630.7 million, which is a decrease of 12.5% compared to the same period 2014, or €13994.1 million, which is an increase of 7.4% compared to the same period 2014.

The value of exports amounted to $6659.2 million, which was an 11.9% decrease when compared to the same period last year, while the value of imports amounted to $8971.5 million, which was a 13.0% decrease relative to the same period last year.

Decrease of exports and imports, as well as of the overall external trade, expressed in USD, has been caused by USD currency strengthening relative to RSD and also to EUR.

Expressed in Euros, the value of exports amounted to €5962.8 million, which is an increase of 8.2%, compared to the same period last year. The value of imports amounted to €8031.3 million, which is a 6.8% increase when compared to the same period last year.

The deficit stands at $2312.3 million, which is a decrease of 16.0% in relation to the same period last year. The deficit expressed in Euros amounted to 2068.6 million, which is an increase of 3.2% compared to the same period last year.

The export to import ratio equals 74.2% and is higher if compared to the same period last year when it was 73.3%.

More information on external trade can be found here.