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TRADE DEFICIT IN SERBIA/MONTENEGRO GROWING

BELGRADE, April 24 (Hina) - The foreign trade deficit in Serbia and Montenegro in the first three months of this year exceeded one billion US dollars, which is a 18.1% increase in comparison to the same period last year.
BELGRADE, April 24 (Hina) - The foreign trade deficit in Serbia and Montenegro in the first three months of this year exceeded one billion US dollars, which is a 18.1% increase in comparison to the same period last year. #L# According to the country's Bureau of Statistics, in this year's first quarter exports were $642 million, or 38.5% more than at the same time last year, while imports amounted to $1.7 billion, an increase of 25.2%. Exports thus covered only 38.4 percent of imports in the said period. Serbia and Montenegro's most important export partners for the first three months this year were Italy, Bosnia's Serb entity, Germany, Macedonia and Switzerland, with around 54 percent of exports. Import partners -- with around 45 percent -- are the Russian Federation, Germany, Italy, China and France. (hina) lml sb

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