Serbia Jan-Jul trade gap shrinks

Trade

Photo by Robert Petrovic / Shutterstock.com

Serbia’s foreign trade deficit in the first seven months of 2020 shrank 6.1% on the year to USD 3.75 billion, data from the Statistical Office of the Republic of Serbia (SORS) shows. 

Photo by Robert Petrovic / Shutterstock.com

The country’s exports went down 9.9% to USD 10.308 bln in the January-July period, while imports fell by 8.9% to USD 14.059 ln.

Looking at July alone, Serbia’s exports were down 3.8% on the year to USD 1.679 bln and imports declined 8.2% to USD 2.251 bln, the Belgrade-based SORS says.

ADVERTISEMENT

Sharp Rise in Energy Costs Putting Strain on Competitiveness Analysis

Sharp Rise in Energy Costs Putting Strain on Competitiveness

Parl't approves 2023 budget Parliament

Parl't approves 2023 budget

Danubius Hotels Appoints Group Director of Development Appointments

Danubius Hotels Appoints Group Director of Development

3 Downtown Districts Planning to Introduce 30 km/h Speed Lim... City

3 Downtown Districts Planning to Introduce 30 km/h Speed Lim...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.