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Export rises 17.7 percent in 2010

15. July 2011. | 18:13

Source: Tanjug

Serbia's export rose 17.7 percent last year, while import grew 4.2 percent, showed the final data on foreign trade in 2010 published by the state statistical office.Serbia exported USD 9.79 billion, while the deficit totaled USD 6.94 billion, or ten percent less than the previous year.

Serbia's export rose 17.7 percent last year, while import grew 4.2 percent, showed the final data on foreign trade in 2010 published by the state statistical office.

Serbia exported USD 9.79 billion, while the deficit totaled USD 6.94 billion, or ten percent less than the previous year.

The export import coverage ratio was 58.5 percent, up from from 52 percent in 2009. Total trade reached USD 26.53 billion, an 8.7 percent increase compared the year before.

The rise in export came primarily thanks to the export of ferrous and non-ferrous metals, and agricultural products.

Divided by regions, Vojvodina had a 35.4 percent share in the export, followed by the Belgrade region with 24.7 percent, Southern and Eastern Serbia with 20.1 percent, Sumadija and Western Serbia with 19.7 percent, and around 0.1 percent of exports was not geographically classified.

Most of the imports went to the Belgrade region (47.3 percent), followed by Vojvodina (28.3 percent), Sumadija and Western Serbia (12.5 percent), and Southern and Eastern Serbia (10.9 percent), while one percent was not geographically classified.

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