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January-August foreign trade volume jumps 38.4 percent year-on-year
Belgrade,
4 October 2004
Serbia’s foreign trade volume in January-August climbed 38.4 percent against the same period of 2003, to $8.8 billion, the Serbian Statistical Office said in a statement.
Exports rose 21. 7 percent, to $2.1 billion, while imports climbed 44.8 percent, to $6.7 billion.
The January-August trade gap widened 59.2 percent, reaching $4.54 million.
Intermediate goods accounted for 67.7 percent of total exports, or $1.5 billion, consumer goods for 25.8 percent, or $555 million, and equipment for 6.5 percent, or $140.2 million.
Intermediate goods made up 56.1 percent of overall imports, or $3.7 billion, followed by consumer goods, 24.7 percent, or $1.6 billion, and equipment, 19.2 percent, or $1.28 billion.
Most of the exports, $386 million, went to Bosnia-Herzegovina. Italy imported $249 million worth of Serbian goods, while $242 million in goods went to Germany.
A majority of the imports, $908 million, came from Germany. Russia exported $847 million in goods to Serbia, while Italy’s exports reached $637 million.
Steel and iron accounted for $255 million of total exports, fruit and vegetables for $151 million, ferrous metals $126 million, rubber products $132 million, and miscellaneous manufactured articles, $119 million. The five sectors made up 36.4 percent of overall exports.
Oil and oil products accounted for $598 million of overall imports, road vehicles for $525 million, general industry machinery $347 million, machinery specialized for particular industries $276 million, and electric machines, instruments, and devices $255 million. The five sectors made up 29.9 percent of total imports in January-August period.
The January-August trade gap widened 59.2 percent, reaching $4.54 million.
Intermediate goods accounted for 67.7 percent of total exports, or $1.5 billion, consumer goods for 25.8 percent, or $555 million, and equipment for 6.5 percent, or $140.2 million.
Intermediate goods made up 56.1 percent of overall imports, or $3.7 billion, followed by consumer goods, 24.7 percent, or $1.6 billion, and equipment, 19.2 percent, or $1.28 billion.
Most of the exports, $386 million, went to Bosnia-Herzegovina. Italy imported $249 million worth of Serbian goods, while $242 million in goods went to Germany.
A majority of the imports, $908 million, came from Germany. Russia exported $847 million in goods to Serbia, while Italy’s exports reached $637 million.
Steel and iron accounted for $255 million of total exports, fruit and vegetables for $151 million, ferrous metals $126 million, rubber products $132 million, and miscellaneous manufactured articles, $119 million. The five sectors made up 36.4 percent of overall exports.
Oil and oil products accounted for $598 million of overall imports, road vehicles for $525 million, general industry machinery $347 million, machinery specialized for particular industries $276 million, and electric machines, instruments, and devices $255 million. The five sectors made up 29.9 percent of total imports in January-August period.
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