Serbia Balance of Trade

Last Release

Apr 30, 2025

Actual

-1,142

Units In

USD Million

-942

Frequency

Monthly

Next Release

Jun 30, 2025

Time to Release

29 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
0 Dec 2022	-1,364 Jul 2008	-598.19 USD Million	2001-2025	Statistical Office of the Republic of Serbia

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.

Latest Updates

Serbia’s trade deficit widened to USD 1,142.2 million in April 2025 from USD 766.4 million in the corresponding month of the previous year, as import growth outpaced the rise in exports. Imports rose by 16.7% from a year earlier to USD 4,184 million, primarily boosted by higher purchases of energy (21.8%), capital goods (12.8%), and unclassified by MIG destination (72.5%). Meanwhile, exports increased by 4.5% year-on-year to USD 3,041.6 million, attributed to higher sales in energy (41.7%), capital goods (11.5%), and durable consumer goods (7.3%).