Trade Balance in Serbia

Serbia Trade Balance | Economic News & Forecasts

Serbia - Trade Balance

Economic momentum continued to slow for the third consecutive quarter in Q1 2019, primarily owing to a drag from the external sector. While both imports and exports continued to grow strongly, imports outpaced exports once again, weighing on headline growth. Meanwhile, domestic demand held up reasonably well, as private consumption growth was stable in the quarter and investment rebounded markedly despite a weak industrial sector. Nevertheless, government consumption growth softened to a one-year low. Turning to Q2, growth is likely to remain subdued, amid the ongoing slowdown in the Eurozone coupled with domestic and regional political turmoil. Widespread anti-government protests persisted through May, and Serbia announced it would retaliate on 1 July if Kosovo’s import tariffs remain in place.

Serbia - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)-5.5  -5.5  -4.4  -3.5  -4.5  

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Serbia Trade Balance Chart


Serbia Trade
Note: Trade balance in USD bn.
Source: Central Statistical Office, Poland

Serbia Facts

ValueChangeDate
Bond Yield3.600.0 %Jun 13
Exchange Rate114.6-0.31 %Jun 13
Stock Market1,537-0.44 %Jun 13

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