USD 1.24bn trade surplus in CEFTA

Serbia recorded a USD 1.24bn surplus from January to November 2010 in trade activities with the Central European Free Trade Agreement (CEFTA) countries.

Izvor: Tanjug

Friday, 07.01.2011.

13:29

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Serbia recorded a USD 1.24bn surplus from January to November 2010 in trade activities with the Central European Free Trade Agreement (CEFTA) countries. The surplus for the most part came from the country's export of agricultural products, the data of the Statistical Office of the Republic of Serbia shows. USD 1.24bn trade surplus in CEFTA Over the 11 months, Serbia's main export to CEFTA countries comprised cereals and cereal-related products, various beverages, iron and steel, while the country mostly imported electricity, iron and steel, anthracite and non-ferrous metals, as well as fruit and vegetables. During this period, Serbia's export added up to USD 2.55bn, while its import totaled USD 1.31bn, thus the country's export-import ratio accounted for 194.8 percent. The CEFTA region is one of a small number of markets where Serbia continuously records trade surplus. The CEFTA agreement is a free trade arrangement signed by Serbia, Montenegro, Bosnia-Herzegovina, Croatia, Macedonia, Albania, Moldova, and UNMIK on behalf of Kosovo.

USD 1.24bn trade surplus in CEFTA

Over the 11 months, Serbia's main export to CEFTA countries comprised cereals and cereal-related products, various beverages, iron and steel, while the country mostly imported electricity, iron and steel, anthracite and non-ferrous metals, as well as fruit and vegetables.

During this period, Serbia's export added up to USD 2.55bn, while its import totaled USD 1.31bn, thus the country's export-import ratio accounted for 194.8 percent.

The CEFTA region is one of a small number of markets where Serbia continuously records trade surplus.

The CEFTA agreement is a free trade arrangement signed by Serbia, Montenegro, Bosnia-Herzegovina, Croatia, Macedonia, Albania, Moldova, and UNMIK on behalf of Kosovo.

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