Serbia Balance of Trade - Forecast

Balance of Trade in Serbia is expected to be -490.00 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 -360.00 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
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Serbia Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -449 -340 -680 -360 -610 -390
Exports 1670 1910 1640 2150 1990 2410
Imports 2119 2250 2320 2510 2600 2800
Current Account -298 -322 -306 -296 -288 -258
Current Account to GDP -5.7 -3.8 -3.8 -3.4 -3.4 -3.2
External Debt 25736 25548 25507 25467 25432 25192
Capital Flows -324 -293 -334 -298 -314 -302
Gold Reserves 19.5 19.3 19.15 19.3 19.47 19.24
Terrorism Index 0.04 0.22 0.22 0.26 0.31 0.88
Tourist Arrivals 77627 136100 108600 106400 123900 117000
Weapons Sales 2 15.8 15.22 12.75 10.28 18.71
Foreign Direct Investment 285 290 291 291 291 291
Crude Oil Production 18 18.13 18.12 18.12 18.12 18.12