goods exports

Serbia’s External Balance Improves as Exports Offset Rising Energy Costs

Serbia’s current-account deficit narrowed to €1.4 billion in the first half of 2026, down about 30% year on year, despite a sharp deterioration in the country’s energy trade balance as Middle East tensions drove up oil prices. The latest figures in the National Bank of Serbia’s August Inflation Report show that exports of goods and services increased 7.9% from a year earlier, while imports rose 4.9%. Export coverage of imports reached a record average of about 95% during the period.…