Surplus with CEFTA, overall deficit
Serbia realized a surplus of USD 1.6bn in her trade with the CEFTA countries in the first ten months of this year.
Monday, 01.12.2008.
14:25
Serbia realized a surplus of USD 1.6bn in her trade with the CEFTA countries in the first ten months of this year. The Statistical Office said in its release on Monday in Belgrade that the positive result came mostly off the export of steel, iron and agricultural products to the members of this regional free trade organization. Surplus with CEFTA, overall deficit Over this period, Serbia's export amounted to USD 3.16bn, while the country imported USD 1.56bn worth of goods and services, with the export/import ratio reaching 202.9 percent. The CEFTA region is one of the rare markets with which Serbia has had a continuing trade surplus. Serbia's trade with CEFTA is second only to that realized with the EU markets. Last year, the CEFTA surplus was at EUR 978.9mn – 40.7 percent more than in 2006. However, Serbia's overall trade in the first ten months of this year has a deficit of USD 10.4bn, up 36 percent on the same period in 2007. Exports grew 33.1 percent to reach USD 9.55bn, topped by USD 19.9bn worth of imports – 34.6 percent more than last year. The coverage of imports by exports was 47.9 and it was less than in the corresponding period of 2007, when imports were covered by exports to the extent of 48.4 percent.
Surplus with CEFTA, overall deficit
Over this period, Serbia's export amounted to USD 3.16bn, while the country imported USD 1.56bn worth of goods and services, with the export/import ratio reaching 202.9 percent.The CEFTA region is one of the rare markets with which Serbia has had a continuing trade surplus.
Serbia's trade with CEFTA is second only to that realized with the EU markets.
Last year, the CEFTA surplus was at EUR 978.9mn – 40.7 percent more than in 2006.
However, Serbia's overall trade in the first ten months of this year has a deficit of USD 10.4bn, up 36 percent on the same period in 2007.
Exports grew 33.1 percent to reach USD 9.55bn, topped by USD 19.9bn worth of imports – 34.6 percent more than last year.
The coverage of imports by exports was 47.9 and it was less than in the corresponding period of 2007, when imports were covered by exports to the extent of 48.4 percent.
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