Serbia Balance of Trade

Last Release

Oct 31, 2025

Actual

-806.5

Units In

USD Million

-701.8

Frequency

Monthly

Next Release

Dec 30, 2025

Time to Release

30 Days 1 Hours

Highest	Lowest	Average	Date Range	Source
0 Dec 2022	-1,364 Jul 2008	-601.33 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 806.5 million in October 2025 from USD 799.5 million in the corresponding month of the previous year. Exports rose 11.5% year-on-year to USD 3,432 million, driven by higher shipments of capital goods (28.5%), intermediate goods (7.0%), non-durable consumer goods (11.7%) and durable consumer goods (12.1%). However, energy exports fell 6.9%. Imports climbed 9.3% to USD 4,238.5 million, led by purchases of capital goods (16.1%), durable consumer goods (16.1%) and goods unclassified by MIG destination (12.5%), while energy imports declined 4.0%.