Serbia recorded a trade deficit of 573.70 USD Million in November of 2018. Balance of Trade in Serbia averaged -547.54 USD Million from 2001 until 2018, 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.

Balance of Trade in Serbia is expected to be -680.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Serbia to stand at -606.69 in 12 months time. In the long-term, the Serbia Balance of Trade is projected to trend around -390.00 USD Million in 2020, according to our econometric models.

Serbia Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-28 11:20 AM Balance of Trade $-559.7M $-522.6M $-535M
2018-10-31 11:30 AM Balance of Trade $-467.9M $-554.5M $ -340M
2018-11-30 11:00 AM Balance of Trade $-756.9M $-467.9M $ -620M
2018-12-28 11:00 AM Balance of Trade $-573.7M $-756.9M $ -620M
2019-01-31 11:00 AM Balance of Trade $-573.7M $ -680M
2019-03-12 12:50 PM Balance of Trade
2019-03-29 10:00 AM Balance of Trade


Serbia Trade Last Previous Highest Lowest Unit
Balance of Trade -573.70 -756.90 -161.00 -1364.00 USD Million [+]
Current Account -229.90 -164.70 178.00 -1073.40 USD Million [+]
Current Account to GDP -5.70 -3.10 2.00 -21.10 percent [+]
Imports 2219.40 2455.40 2507.00 292.00 USD Million [+]
Exports 1645.70 1698.40 1795.70 116.00 USD Million [+]
External Debt 26517.40 26109.90 26582.00 8961.90 EUR Million [+]
Capital Flows -157.00 -95.00 89.00 -705.00 USD Million [+]
Gold Reserves 20.20 19.80 31.40 9.80 Tonnes [+]
Terrorism Index 0.04 0.09 2.96 0.00 [+]
Tourist Arrivals 174166.00 227126.00 227126.00 29180.00 [+]
Weapons Sales 2.00 23.00 45.00 1.00 USD Million [+]
Foreign Direct Investment 119.70 270.40 3322.60 -476.60 EUR Million [+]
Crude Oil Production 17.00 17.00 21.00 13.00 BBL/D/1K [+]

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 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-573.70 -756.90 -161.00 -1364.00 2001 - 2018 USD Million Monthly




Country Last Previous
Argentina 979.00 Nov/18
Australia 1925.00 Nov/18
Brazil 6639.00 Dec/18
Canada -2060.10 Nov/18
China 570.60 Dec/18
Euro Area 18967.90 Nov/18
France -5099.00 Nov/18
Germany 20500.00 Nov/18
India -13080.00 Dec/18
Indonesia -1102.00 Dec/18
Italy 3784.00 Oct/18
Japan -737.30 Nov/18
Mexico -2382.00 Nov/18
Netherlands 6983.00 Nov/18
Russia 19697.00 Oct/18
Saudi Arabia 184673.00 Sep/18
Singapore 3799.41 Nov/18
South Africa 3494.40 Nov/18
South Korea 4558.00 Dec/18
Spain -3836500.00 Oct/18
Switzerland 3071.48 Nov/18
Turkey -651.36 Nov/18
United Kingdom -2904.00 Nov/18
United States -55488.00 Oct/18


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