Serbia Balance of Trade

Last Release

Mar 31, 2025

Actual

-1,275

Units In

USD Million

-1,081

Frequency

Monthly

Next Release

May 30, 2025

Time to Release

29 Days 3 Hours

Highest	Lowest	Average	Date Range	Source
0 Dec 2022	-1,364 Jul 2008	-597.45 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 1,275 million in March 2025 from USD 760.3 million in the corresponding month of the previous year. Exports decreased by 2.6% year-on-year to USD 2,804 million, weighed down by lower sales of intermediate goods (-2.2%), capital goods (-4.5%), and unclassified by MIG destination (-2.7%). Meanwhile, imports rose by 16.8% from a year earlier to USD 4,079 million, primarily attributed to higher purchases of energy (59.2%), intermediate goods (1.2%), durable consumer goods (27.0%), non-durable consumer goods (40.8%), and unclassified by MIG destination (28.5%).