Serbia recorded a trade deficit of 569.60 USD Million in May of 2019. Balance of Trade in Serbia averaged -548.70 USD Million from 2001 until 2019, reaching an all time high of -161 USD Million in August of 2001 and a record low of -1364 USD Million in July of 2008.

Balance of Trade in Serbia is expected to be -350.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Serbia to stand at -580.00 in 12 months time. In the long-term, the Serbia Balance of Trade is projected to trend around -980.00 USD Million in 2020, according to our econometric models.

Serbia Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-29 11:00 AM Balance of Trade $-535M $-532.3M $-655M
2019-04-30 10:00 AM Balance of Trade $-573.9M $-535M $ -360M
2019-05-31 10:40 AM Balance of Trade $-561.8M $-573.9M $-595M
2019-06-28 10:00 AM Balance of Trade $-569.6M $-561.8M $-495M
2019-07-31 10:00 AM Balance of Trade $-569.6M $ -350M
2019-08-30 10:00 AM Balance of Trade
2019-09-30 11:20 AM Balance of Trade


Serbia Trade Last Previous Highest Lowest Unit
Balance of Trade -569.60 -561.80 -161.00 -1364.00 USD Million [+]
Current Account -219.30 -531.20 178.00 -1073.40 USD Million [+]
Current Account to GDP -5.20 -5.20 2.00 -21.10 percent [+]
Imports 2329.30 2149.80 2507.00 292.00 USD Million [+]
Exports 1759.70 1588.00 1795.70 116.00 USD Million [+]
External Debt 26517.40 26109.90 26582.00 8961.90 EUR Million [+]
Capital Flows -192.00 -591.00 74.00 -705.00 USD Million [+]
Gold Reserves 20.70 20.40 31.40 9.80 Tonnes [+]
Terrorism Index 0.23 0.04 2.96 0.00 [+]
Tourist Arrivals 112034.00 80503.00 227126.00 29180.00 [+]
Weapons Sales 2.00 23.00 45.00 1.00 USD Million [+]
Foreign Direct Investment 337.50 245.20 3322.60 -476.60 EUR Million [+]
Crude Oil Production 16.00 16.00 21.00 13.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Serbia Balance of Trade

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. This page provides the latest reported value for - Serbia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Serbia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-569.60 -561.80 -161.00 -1364.00 2001 - 2019 USD Million Monthly




Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 15671.60 Apr/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 2884.57 Apr/19
Japan -967.11 May/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 3962.64 May/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 1654.00 May/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19


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