Serbian exports to Germany up by 33% y/y in Jan-Feb 2011.

By bne IntelliNews April 28, 2011
In the first two months of 2011 Serbian exports to Germany rose 33% y/y, while German imports went up by 13%, the economy ministry said in a statement on its website. In Jan-Feb 2011, exports to Germany reached a record high EUR 128mn. According to the ministry, Serbia's exports to Germany could reach EUR 1bn in 2011. Thus, Serbia could become Germany's biggest trading partner from the CEFTA region. The increase in exports to Germany has been due to an increase in the exports of electrical appliances and equipment, steel, copper and aluminum products, textile products, as well as fresh and frozen food products and grains.

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