Serbia recorded a trade deficit of 535 USD Million in February of 2019. Balance of Trade in Serbia averaged -548.41 USD Million from 2001 until 2019, 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 -360.00 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 -580.00 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
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-12-28 11:00 AM Balance of Trade $-573.7M $-756.9M $ -620M
2019-01-31 11:00 AM Balance of Trade $-759.3M $-573.7M $ -680M
2019-03-12 11:00 AM Balance of Trade $-532.3M $-759.3M $-480M
2019-03-29 11:00 AM Balance of Trade $-535M $-532.3M $-655M
2019-04-30 10:00 AM Balance of Trade $-535M $ -360M
2019-05-31 11:45 AM Balance of Trade
2019-06-28 10:00 AM Balance of Trade


Serbia Trade Last Previous Highest Lowest Unit
Balance of Trade -535.00 -532.30 -161.00 -1364.00 USD Million [+]
Current Account -357.70 -163.70 178.00 -1073.40 USD Million [+]
Current Account to GDP -5.20 -5.20 2.00 -21.10 percent [+]
Imports 2063.90 1887.60 2507.00 292.00 USD Million [+]
Exports 1528.90 1355.30 1795.70 116.00 USD Million [+]
External Debt 26517.40 26109.90 26582.00 8961.90 EUR Million [+]
Capital Flows -280.00 -74.00 74.00 -705.00 USD Million [+]
Gold Reserves 20.40 20.20 31.40 9.80 Tonnes [+]
Terrorism Index 0.23 0.04 2.96 0.00 [+]
Tourist Arrivals 82939.00 120870.00 227126.00 29180.00 [+]
Weapons Sales 2.00 23.00 45.00 1.00 USD Million [+]
Foreign Direct Investment 214.00 1156.00 3322.60 -476.60 EUR Million [+]
Crude Oil Production 16.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-535.00 -532.30 -161.00 -1364.00 2001 - 2019 USD Million Monthly




Country Last Previous
Argentina 1183.00 Mar/19
Australia 4801.00 Feb/19
Brazil 4990.00 Mar/19
Canada -2894.80 Feb/19
China 326.71 Mar/19
Euro Area 17938.00 Feb/19
France -4002.00 Feb/19
Germany 17900.00 Feb/19
India -10890.00 Mar/19
Indonesia 540.20 Mar/19
Italy 3267.83 Feb/19
Japan 528.50 Mar/19
Mexico 1222.00 Feb/19
Netherlands 5130.00 Feb/19
Russia 15671.00 Feb/19
Saudi Arabia 180059.00 Dec/18
Singapore 3615.50 Mar/19
South Africa 3990.00 Feb/19
South Korea 5222.00 Mar/19
Spain -2627773.00 Feb/19
Switzerland 2494.00 Mar/19
Turkey -2134.33 Feb/19
United Kingdom -4860.00 Feb/19
United States -49382.00 Feb/19


Related

Latest