Trade and economic cooperation between Ukraine and Serbia
17 February 2021 12:00

According to the data of the State Statistics Service of Ukraine bilateral trade in goods and services between Ukraine and the Republic of Serbia in 2020 totaled 318.6 million USD.

  • export of goods totaled 136.6 million USD ;
  • import of goods totaled 165,2 million USD;
  • export of services totaled 12,7 million USD;
  • import of services totaled 4,1 million USD;

 

Dynamics of bilateral trade in goods and services between Ukraine and the Republic of Serbia (million USD)

 

Indicators

2008

2009

2010

2011

 

2012

 

2013

2014

2015

2016

2017

2018

2019

2020

Trade turnover

674

201

294

409

267

276

264

202

276

319

450

440

319

Export

579

143

211

289

136

132

122

118

168

184

286

274

149

Import

95

58

83

120

131

144

142

84

108

135

164

166

169

 


Main articles of export: iron ore and ferrous metals (70%); wood and wood products; ferrous metal products; electric machines.

Main articles of import: fertilizers, plastics, and polymeric materials; paper and cardboard; electric machines; boilers, machines.


According to the National Bank of Ukraine, the volume of Serbian investments in the Ukrainian economy in 2020 increased by 0.9 million US dollars.

According to the Ministry of Finance of the RS, about one thousand business entities cooperate with Ukraine.

According to the Agency for Registration of Business Entities, in 2020, 142 business entities were registered in Serbia, the majority owners of which are citizens of Ukraine or Ukrainian legal entities, most of which are engaged in retail trade and trade in auto parts, processing industry.

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