The trade deficit in Serbia widened to USD 1,201 million in May of 2022 from USD 729 million a year earlier. source: Statistical Office of the Republic of Serbia

Balance of Trade in Serbia averaged -567.87 USD Million from 2001 until 2022, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Balance of Trade in Serbia is expected to be -500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Balance of Trade is projected to trend around -780.00 USD Million in 2023 and -1080.00 USD Million in 2024, according to our econometric models.

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Serbia Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-05-31 10:00 AM Apr $-1133.4M $-1083.6M
2022-06-30 10:00 AM May $-1201M $-1133.4M $-1300M
2022-07-29 10:00 AM Jun $-1201M $ -500M


Related Last Previous Unit Reference
Balance of Trade -1201.00 -1133.40 USD Million May 2022
Exports 2483.20 2381.90 USD Million May 2022
Imports 3684.20 3515.30 USD Million May 2022
Tourist Arrivals 72444.00 72344.00 Feb 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-1201.00 -1133.40 -161.00 -1364.00 2001 - 2022 USD Million Monthly