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Serbia’s foreign trade: Modest growth in 2024 amidst deficit challenges

Serbia's foreign trade in goods from January to May this year totaled 27.86 billion euros, marking a slight increase of 0.9 percent compared to the same period last year, according to the Republic Statistical Office (RZS). Exports amounted to 12.15 billion euros, up by 0.6 percent, while imports totaled 15.70 billion euros, showing a 1.2 percent increase year-on-year. The trade deficit widened to 3.54 billion euros, expanding by 3.3 percent compared to the previous year. The trade coverage ratio of…

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