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Serbia's Jan-Oct trade gap widens 42.2% y/y

Author Radomir Ralev
Serbia's Jan-Oct trade gap widens 42.2% y/y Prasit Rodphan/Shutterstock.com

BELGRADE (Serbia), November 30 (SeeNews) - Serbia's foreign trade deficit in the first ten months of 2018 widened 42.2% on the year to $5.324 billion (4.683 billion euro), data from the country's statistical office showed on Friday.

The country's exports rose 15.1% to $16.188 billion, while imports grew by 20.8% to $21.512 billion, the data indicated.

The export-import ratio dropped to 75.3% from 79.0% in the first ten months of 2017.

In October alone, Serbia's exports rose 10.2% on the year to $1.698 billion and imports grew 17.8% to $2.455 billion.

($ = 0.879653 euro)

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