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Serbia's 9-mo trade gap widens 7.3%

Author Radomir Ralev
Serbia's 9-mo trade gap widens 7.3% Source: Pixabay

BELGRADE (Serbia), November 1 (SeeNews) - Serbia's foreign trade deficit in the first nine months of 2019 increased 7.3% on the year to $4.895 billion (4.388 billion euro), data from the country's statistical office showed.

The country's exports edged up 0.7% to $14.598 billion, while imports grew by 2.3% to $19.492 billion, the office said in a statement.

The export-import ratio fell to 74.9% from 76.1% in the first nine months of 2018.

In September alone, Serbia's exports went up 1.5% on the year to $1.648 billion and imports edged down 0.6% to $2.076 billion.

($ = 0.896355 euro)

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