Serbia's trade gap widened 24.8% on the year to more than EUR 1bn in the first two months of 2012, the statistics office said. Jan-Feb exports shrank by an annual 9.9% to nearly EUR 1.1bn, while imports expanded by 4.5% to above EUR 2.1bn. The country's trade deficit widened over 40% on the year to EUR 570mn in February alone after expanded 15% in January. In the Jan-Feb exports structure, reproduction products accounted for 67% of total exports, consumer goods for 26.2% and equipment for 6.8%. In the imports structure, reproduction products had a 61% share, consumer goods held 18.6% and equipment accounted for 12.4%. Serbia's biggest export trade partners were Germany, Italy and Bosnia, while its largest import partners were Russia, Germany and China.
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