LJAJIC : Confectionery industry in Serbia makes surplus for the first time

The confectionery industry in Serbia made a surplus for the first time and in the first six month of 2018 the realized surplus ranged between EUR 9 million and EUR 10 million while the export grew by 18,9 %, Serbian Minister of Trade, Tourism and Telecommunications said yesterday.

He added that that the import dropped by 2% and assessed that confectionery industry had a perspective because Serbian confectioners were not only competent but had more affordable goods of excellent quality compared to the competition from the EU.

– Last year we abolished taxes on import of powdered milk and butter which are important inputs for this industry. After this measure, the costs of production were lowered and the industry has become competent, Ljajic told Prva TV

He assessed that the confectionery industry had a future and reminded that last year the industry had serious problems and ran a substantial deficit in international trade.

Ministarstvo turizma i omladine Republike Srbije

Rasim Ljajic

confectionery industry in Serbia

confectioners in Serbia taxes on import of powdered milk

taxes on import of butter

import of milk

import of butter