Growing trade surplus with CEFTA countries

According to the data of the National Statistical Office, Serbia has achieved a 1.73 billion dollars surplus in trade with CEFTA countries as a result of increasing exports of agricultural products, as well as a variety of finished products.

In the previous year, Serbia has mainly exported grain and cereal products to CEFTA countries, as well as various kinds of beverages and a variety of finished products. In terms of imports, the most common were iron and steel, electricity, as well as vegetables and fruits.

Exports for that period reached 2.72 billion dollars, while imports amounted to 988.9 million, which means that the export-import ratio was 274.6 percent.

The National Statistical Office recalled that since July 2013, Croatia is a member of the European Union, and no longer part of the CEFTA region, which affected goods exchange.

In 2012, Serbia achieved a 1.32 billion dollars surplus in trade with CEFTA countries as a result of the export of agricultural products, iron and steel.

The CEFTA region is one of the rare markets where Serbia has had a continuous trade surplus meaning that it exports more than it imports. CEFTA is ranked the second most significant market for Serbia, following the EU markets.