Serbia Balance of Trade  2001-2018 | Data | Chart | Calendar | Forecast

The trade gap in Serbia increased to USD 548.8 million in November of 2017 from a USD 320.4 million shortfall a year earlier. Imports rose 31.2 percent year-on-year to USD 2075.9 million and exports jumped 17.9 percent to USD 1527.1 million. Considering the January to November period, the country's trade gap rose 21.9 percent to USD 4313.1 million. Imports surged 15.8 percent to USD 19904 million, boosted by crude oil, parts and accessories of motor vehicles, retail trade medicines and natural gas. Exports grew 14.3 percent to USD 15592 million, driven by sales of planes,vehicles and ships, cooper refined, road vehicles and iron and non-alloyed steal. Balance of Trade in Serbia averaged -548.69 USD Million from 2001 until 2017, reaching an all time high of -161 USD Million in August of 2001 and a record low of -1364 USD Million in July of 2008.

Serbia Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-10-31 11:30 AM Balance of Trade $-305.5M $-407.5M $-308M
2017-11-30 11:30 AM Balance of Trade $-548.7M $-305.5M $-320M
2017-12-29 11:00 AM Balance of Trade $-548.8M $-548.7M $-460M
2018-01-31 11:00 AM Balance of Trade $-548.8M $ -486.6M
2018-03-19 11:00 AM Balance of Trade $ -516M
2018-04-03 10:00 AM Balance of Trade $ -513.9M


Serbia Trade Last Previous Highest Lowest Unit
Balance of Trade -548.80 -548.70 -161.00 -1364.00 USD Million [+]
Exports 1527.10 1535.40 1623.30 116.00 USD Million [+]
Imports 2075.90 67.10 2507.00 67.10 USD Million [+]
Current Account -104.40 -96.00 178.00 -1073.40 USD Million [+]
Current Account to GDP -4.00 -4.70 2.00 -21.10 percent [+]
External Debt 25424.80 26125.40 26582.00 8961.90 EUR Million [+]
Capital Flows -23.00 13.00 41.00 -705.00 USD Million [+]
Gold Reserves 19.20 19.14 31.40 9.80 Tonnes [+]
Foreign Direct Investment 280.30 274.89 3322.61 -476.61 EUR Million [+]
Crude Oil Production 19.00 19.00 21.00 13.00 BBL/D/1K [+]
Terrorism Index 0.04 0.09 2.96 0.00 [+]
Tourist Arrivals 152457.00 190826.00 190826.00 29180.00 [+]
Weapons Sales 29.00 10.00 45.00 1.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Serbia Balance of Trade

Although Serbia is not yet a part of the European Union, a free trade agreement was signed in 2008, making the European Union Serbia's most important trade partner. Serbia's foreign trade is dominated by its natural resources, mainly metals, but industrial goods and agriculture also play an important role. This page provides the latest reported value for - Serbia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Serbia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-548.80 -548.70 -161.00 -1364.00 2001 - 2017 USD Million Monthly




balance of trade by Country
Country Last
Australia -628.00 Nov/17
Brazil 4997.77 Dec/17
Canada -2540.40 Nov/17
China 546.85 Dec/17
Euro Area 26272.60 Nov/17
France -5692.00 Nov/17
Germany 23700.00 Nov/17
India -14880.19 Dec/17
Indonesia -270.00 Dec/17
Italy 4829.68 Nov/17
Japan 113.36 Nov/17
Mexico 399.21 Nov/17
Netherlands 5157.00 Oct/17
Russia 11515.00 Nov/17
South Korea 5783.00 Dec/17
Spain -2511365.00 Oct/17
Switzerland 2633.00 Nov/17
Turkey -6320.40 Nov/17
United Kingdom -2804.00 Nov/17
United States -50497.00 Nov/17


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