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Serbia’s foreign trade volume up 28 percent in January-February 2004
Belgrade,
30 April 2004
Serbia's foreign trade volume in the first two months of the year rose 28.1 percent year-on-year, to some $1.8 billion, the Serbian Statistics Bureau said in a statement.
The country's foreign trade gap widened 58.1 percent against January-February 2003, to $942.5 million. Exports grew 5.9 percent, to $427.9 million, with imports jumping 37 percent, to $1.37 billion.
Intermediate goods accounted for $275.8 million, or 64.5 percent of total exports, followed by consumer goods, $114.1 million, or 26.7 percent, and equipment, $38 million, or 8.9 percent of overall exports.
Imports were dominated by intermediate goods, $727.5 million, or 53.1 percent of total imports, followed by consumer goods, $361.7 million, or 26.4 percent, and equipment, $281.2 million, or 20.5 percent.
The majority of Serbia's exports, $63 million, went to Italy. Bosnia-Herzegovina imported $61 million worth of goods from Serbia, followed by Germany whose imports stood at $50 million.
The bulk of Serbia's imports, $194 million, came from Germany. Russia exported $184 million in goods Serbia, while Italy came in third with exports of $126 million.
Steel and iron accounted for $39 million of total exports in January-February, fruit and vegetables for $33 million, rubber products, $25 million, clothes, $23 million, and ferrous metals, $20 million. The five sectors made up 32.7 percent of Serbia's overall exports in the same period.
Oil and oil products made up $134 million of all imports, followed by road vehicles which accounted for $109 million, office machines, $76 million, special industry machinery, $66 million, and general industry machinery, $61 million. The five sectors accounted for 32.5 percent of total imports in the first two months of the year.
Intermediate goods accounted for $275.8 million, or 64.5 percent of total exports, followed by consumer goods, $114.1 million, or 26.7 percent, and equipment, $38 million, or 8.9 percent of overall exports.
Imports were dominated by intermediate goods, $727.5 million, or 53.1 percent of total imports, followed by consumer goods, $361.7 million, or 26.4 percent, and equipment, $281.2 million, or 20.5 percent.
The majority of Serbia's exports, $63 million, went to Italy. Bosnia-Herzegovina imported $61 million worth of goods from Serbia, followed by Germany whose imports stood at $50 million.
The bulk of Serbia's imports, $194 million, came from Germany. Russia exported $184 million in goods Serbia, while Italy came in third with exports of $126 million.
Steel and iron accounted for $39 million of total exports in January-February, fruit and vegetables for $33 million, rubber products, $25 million, clothes, $23 million, and ferrous metals, $20 million. The five sectors made up 32.7 percent of Serbia's overall exports in the same period.
Oil and oil products made up $134 million of all imports, followed by road vehicles which accounted for $109 million, office machines, $76 million, special industry machinery, $66 million, and general industry machinery, $61 million. The five sectors accounted for 32.5 percent of total imports in the first two months of the year.
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