Serbian agricultural and food import-exports up from last year

The Serbian Chamber of Commerce has put out data showing that the agricultural and food industry’s external trade was worth almost €3.1 billion in the first six months of this year. This is an increase of 11.7% compared to the same period last year.

Goods worth €1.98 billion were exported, an increase of 13.6% compared to the 2020 results, according to data from the State Statistics Office. Imports were worth almost €1.12 billion, or 8.4 per cent more than in the first six months of 2020.

There was a surplus in external trade in agricultural products and foodstuffs in the first half of this year of €859.4 million, which is a 21.1% increase compared to the first half of 2020. The import to export ratio was 177% and is higher than in the six months of last year when it was 169%.

Among the most important agricultural export products in the first half of 2021 were frozen raspberries at €137.4 million. In terms of export structure fruit and vegetables make up 22%.

On the import side, Serbia mostly imported bananas (€35.1 million), various foodstuffs (€55 million), as well as unroasted coffee, cigarettes and pork. In the first half of this year, Serbia mostly exported food and agricultural produce to the EU countries (a 55.8% share, or €1,1 billion), followed by the CEFTA countries with 22.7% (€448.8 million) and the Russian Federation with 7.8% (€153.6 million).

Source: serbianmonitor.com


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