Serbia Jan.-Dec. Exports Decline

Sponsored Links

Serbia's exports decreased 24% year-on-year to US$8.34 billion in the January to December period, the Statistical Office of the Republic of Serbia said on Friday. Meanwhile, imports fell 31.9% to US$15.58 billion.

During the period, the trade deficit stood at US$7.24 billion, which was a decrease of 39.2% compared to the previous year.

In December, export value increased 4.4% on an annual basis to USD 751.1 million, while imports value decreased 8.9% to US$1.46 billion. On a monthly basis, exports and imports decreased by 1.6% and 10.5% respectively.

Serbia's exports decreased 24% year-on-year to US$8.34 billion in the January to December period, the Statistical Office of the Republic of Serbia said on Friday. Meanwhile, imports fell 31.9% to US$15.58 billion. (Market News Provided by RTTNews)