Serbia's exports to Germany hit record high - Value of exported goods and services exceeds EUR 1 billion

The German Chamber of Commerce in Serbia has announced the latest data on the trade between Serbia and Germany in the period January - October 2013.

According to the most recent data provided by the German Federal Ministry of Economy and Technology, trade in aforementioned period reached EUR 2.34 billion. Germany imported EUR 1 billion worth of goods from Serbia, whereas this country's export to Serbia by the end of October was at EUR 1.34 billion, meaning that Serbia's deficit in trade with Germany amounted to EUR 345 million at the end of October (EUR 553 million in 2012).