Serbia - Handelsbalanse

Serbia’s trade deficit narrowed to USD 573.9 million in March 2019 from USD 624.2 million in the corresponding month of the previous year. Imports dropped 3.8 percent year-on-year to USD 2327.4 million, mostly due to lower purchases of capital goods (-9.5 percent); intermediate goods (-0.2 percent); energy (-24.6 percent); non-durable consumer goods (-3.4 percent) and durable (-0.8 percent). Exports fell 2.4 percent to USD 1753.5 million, mainly driven by lower sales of intermediate goods (-0.6 percent); capital (-5.2 percent); non-durable (-7.7 percent) and durable (-3.4 percent). Considering the first quarter of 2019, the country posted a trade gap of USD 1636.1 million, compared to a USD 1532 million in the same period of 2018.

The trade gap in Serbia widened to USD 532.3 million in January of 2019 from USD 402.5 million in the same month a year earlier. Imports went up 4.6 percent to USD 1887.6 million, mainly due to higher purchases of machinery & transport equipment (7.2 percent). Among major trading partners, imports from Europe increased 1.5 percent to USD 1462 million. Meantime, exports dropped 3.3 percent to USD 1355.3 million, mostly due to lower sales of machinery & transport equipment (-3.3 percent) and manufactured goods (-11 percent). Exports to Europe decreased 2.8 percent to USD 1290.2 million.