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Belarus - Serbia: Trade and Economic Cooperation

Belarus - Serbia: Trade and Economic Cooperation

03.12.2019 | 12:04

Since the free trade agreement was signed in 2009, the trade between Belarus and Serbia almost tripled. In 2018, it reached almost $150 million.

In January-October 2019, the export totaled $65.3 million, the import - $55.7 million.

Trade (million USD):

2009 — 53.5

2010 — 116.4

2011 — 145.4

2012 — 149.2

2013 — 192.2

2014 — 244.9

2015 — 259.7

2016 — 113.9

2017 — 239.6

2018 — 148.1

2019 (January-October) — 121.

Belarus' major exports to Serbia: trucks, tractors, products made of ferrous metals, hydrocarbons, synthetic fibers and yarns, timber, potatoes, etc.

Serbia's major exports to Belarus: tires, malt extract, vegetables, cereals, non-alloyed steel, aluminum plates, plastics, paper and cardboard, varnishes, paints, etc.

Serbia operates assembly plants of Belarusian tractors and buses.

In Belarus, Serbian investors and entrepreneurs are implementing major projects: Minsk Lighthouse and Minsk World.

Source: National Statistics Committee