Serbia Balance of TradeApril 2022 Data - 2001-2021 Historical - May Forecast

Name: Serbia Balance of Trade
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Serbia,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Serbia recorded a trade deficit of 1083.60 USD Million in March of 2022. source: Statistical Office of the Republic of Serbia

Balance of Trade in Serbia averaged -563.03 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 May 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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Related	Last	Previous	Unit	Reference
Balance of Trade	-1083.60	-1254.00	USD Million	Mar 2022
Exports	2697.00	2266.70	USD Million	Mar 2022
Imports	3780.60	3520.70	USD Million	Mar 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.