In the first quarter of 2018 Russia-Serbia trade turnover has increased by 20% compared to the same period of the last year and stood at $554.18 mln.
As for the structure of the bilateral trade, Russia’s import from Serbia exceeds its export to Serbia by 8%.
In the first quarter of 2018 Russiaís export to Serbia has risen by 24% compared to the same period of 2017 and amounted to $266.2 mln.
Russiaís import from Serbia has shown 17% growth and stood at $287.98 mln.
More than half of Russiaís export to Serbia (52.4%) was constituted by goods not elsewhere classified (a 32% increase compared to the first quarter of 2017). Besides, the key export commodities were:
· Refined copper wire (6.5%);
∑ Polymers of propylene (3.9%);
∑ Chewing tobacco and tobacco substitutes (2.9%);
∑ Carbon (2.1%);
∑ Potassium chloride (1.8%);
∑ Cigarettes containing tobacco (1.7%);
∑ Iron ores and concentrates (1.5%).
The main goods imported by Russia from Serbia were:
∑ Fresh apples (15.1%);
∑ Tights of synthetic fibres (9%);
∑ Rubber and pneumatic tyres used on light commercial vehicles (6.9%, a 99% growth);
∑ Paper and paperboard coated, impregnated or covered (5.4%);
∑ Medicaments for retail sale (4.2%);
∑ Maize seeds (3.9%);
∑ Centrifugal pumps (2.5%);
∑ Fresh cheese including curd(2.3%);
∑ Fruit and nuts cooked (2%);
∑ Refined copper pipes (2%);
∑ Rubber and pneumatic tyres used on buses and truck vehicles (1.6%).
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