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Dec 01, 2017 11:39 EEST
December 1 (SeeNews) - Serbia's foreign trade deficit in the ten months through October widened 16% on the year to $3.767 billion (3.16 billion euro), data from the country's statistical office showed.
The country's exports rose 14% to $14.1 billion, while imports grew by the same margin to $17.8 billion, the data indicated on Thursday.
The export-import ratio dropped to 78.9% from 79.2% in the first ten months of 2016.
Serbia’s main export markets in the first ten months of 2017 were Italy and Germany, absorbing $1.9 billion and $1.8 billion worth of exports, respectively. Imports originating from Germany and Italy stood at $2.3 billion and $1.8 billion, respectively.
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