external trade structure

Germany, Italy and China anchor Serbia’s trade as EU exposure deepens

Serbia's external trade dynamics in early 2026 reveal a significant reliance on the European Union while also integrating with global partners, particularly China. This dual approach has historically provided economic stability, but it now presents challenges linked to a slowdown in European industrial activity and evolving geopolitical landscapes. Recent data indicates that approximately 59.9% of Serbia's total trade is with EU member states, an increase from 56.6% the previous year. Germany is the largest trading partner, contributing 13.4% to total…