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USD 1.24 billion trade surplus recorded with CEFTA countries

10. January 2011. | 08:34

Source: Tanjug

Over the 11 months, Serbia's main export to CEFTA countries comprised cereals and cereal-related products, various beverages, iron and steel, while the country mostly imported electricity, iron and steel, anthracite and non-ferrous metals, as well as fruit and vegetables.

Serbia recorded USD 1.24 billion surplus in the period from January to November 2010 in trade activities with countries which signed the Central European Free Trade Agreement (CEFTA), and the surplus for the most part came from the country's export of agricultural products, the data of the Statistical Office of the Republic of Serbia show.

Over the 11 months, Serbia's main export to CEFTA countries comprised cereals and cereal-related products, various beverages, iron and steel, while the country mostly imported electricity, iron and steel, anthracite and non-ferrous metals, as well as fruit and vegetables.

During this period, Serbia's export added up to USD 2.55 billion, while its import totalled USD 1.31 billion, thus the country's export-import ratio accounted for 194.8 percent.

The CEFTA region is one of a small number of markets where Serbia continuously records trade surplus.

The CEFTA agreement is a free trade arrangement signed by Serbia, Montenegro, Bosnia-Herzegovina, Croatia, Macedonia, Albania, Moldova and UNMIK on behalf of Kosovo.

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