External trade drops in dollars, rises in euros

The overall external trade for the period January - April 2012 decreased by 4.4 pct in U.S. dollars, while in euros it increased by 0.9 pct year-on-year.

Izvor: Tanjug

Thursday, 31.05.2012.

17:14

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The overall external trade for the period January - April 2012 decreased by 4.4 pct in U.S. dollars, while in euros it increased by 0.9 pct year-on-year. This is according to the data of the Statistical Office of Serbia, presented on Thursday. External trade drops in dollars, rises in euros The external trade in the first four months amounted to slightly more than USD 9.5 billion, or almost EUR 7.3 billion. The deficit amounted to USD 2.781 billion, which was an increase of 7.8 percent in relation to the same period last year. The deficit expressed in euros amounted to 2.118 billion, which was an increase of 13.9 percent compared to the same period in 2011. The value of exports amounted to USD 3.4 billion, which was an 8.6 percent decrease relative to the same period last year, while the value of imports amounted to USD 6.183 billion, which was a 1.9 percent decrease. Expressed in euros, the value of exports amounted to EUR 2.589 billion, which was a decrease of 3.5 percent, whereas the value of imports amounted to EUR 4.7 billion, which was a 3.6 percent increase. The export - import ratio equaled 55 percent and was lower if compared to the same period last year when it was 59.1 percent, the statement reads. Tanjug

External trade drops in dollars, rises in euros

The external trade in the first four months amounted to slightly more than USD 9.5 billion, or almost EUR 7.3 billion.

The deficit amounted to USD 2.781 billion, which was an increase of 7.8 percent in relation to the same period last year.

The deficit expressed in euros amounted to 2.118 billion, which was an increase of 13.9 percent compared to the same period in 2011.

The value of exports amounted to USD 3.4 billion, which was an 8.6 percent decrease relative to the same period last year, while the value of imports amounted to USD 6.183 billion, which was a 1.9 percent decrease.

Expressed in euros, the value of exports amounted to EUR 2.589 billion, which was a decrease of 3.5 percent, whereas the value of imports amounted to EUR 4.7 billion, which was a 3.6 percent increase.

The export - import ratio equaled 55 percent and was lower if compared to the same period last year when it was 59.1 percent, the statement reads.

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