Republic of SERBIA Serbia Turning Platform Republic of Serbia – Turning Platform Republic of Serbia – Turning Platform Area – 88.361 Km2 Population – 7,4 million Capital – Belgrade (2 million) Other cities – Novi Sad; Nis; Subotica Official language: Serbian Currency - Serbian Dinar (RSD) 1€ = 96,7 RSD GDP - U.S. $ 40,7 billion * GDP per capita – U.S. $ 5.540 * GDP Growth : - 4,0% * Inflation : 9,7% * * Source: EIU forecast 2009 Republic of Serbia – Turning Platform ► Privileged geographical location in Southeast Europe ► Strategically positioned for exporting to the entire Balkan region ► Well established economic relations with its neighbours (Albania, BosniaHerzegovina, Bulgaria, Macedonia ) ► Strong industrial and agricultural tradition (1st world producer of berries) ► High levels of education and professional training Republic of Serbia – Turning Platform The coming years will be marked by: ► Modernization of the industry, according to the European standards ► Continuation of the Privatizations Program (for example Telecom Serbia) ► Search for strategic partners for development ► Modernization of transportation infrastructure (roads, railways, Belgrade’s metro, etc.) ► Environment projects: water, sanitation and waste treatment Recent Bilateral Economic Relations Portugal-Serbia Recent Bilateral Economic Relations Trade Ranking: Serbia-Portugal 2006 2007 2008 As a Client As a Supplier Source: INE Position 120º 109º % Position % 0,0 82º 0,0 0,0 55º 101º 98º 0,1 0,0 0,0 Recent Bilateral Economic Relations Trade Balance Portugal-Serbia 2006 EXPORTS 1.813 IMPORTS 44.435 TRADE BALANCE 2007 2008 Var. (a) 2.965 10.030 238,3% 7.825 11.180 -42.622 -4.860 -1.150 Source: INE Unit: Thousands of Euros Notes: (a) Arithmetic average of annual growth rates over the period 2006-2008 42,9% -- Recent Bilateral Economic Relations Trade Balance: Portugal-Serbia Thousands of Euros 50.000 40.000 30.000 20.000 10.000 0 -10.000 -20.000 -30.000 -40.000 -50.000 2006 Source: INE 2007 2008 Recent Bilateral Economic Relations Number of Portuguese Exporters and Importers with Serbia Exporters Importers 56 60 46 50 37 40 30 27 26 20 11 10 0 2005 Source: INE 2006 2007 Recent Bilateral Economic Relations Portuguese Exports to Serbia Other Products Vehicles and other transport equipment 63.8% - Vehicles and other transport equipment 4.7% - Plastics and rubber 4.0% - Mechanical and Electrical Machinery and Equipment Footwear 3.7% - Food products Base Metals 3.5% - Base Metals Food products Mechanical and Electrical Machinery and Equipment Plastics and rubber Source: INE Year 2008 2.6% - Footwear 17.7% - Other Products Recent Bilateral Economic Relations Top 10 Portuguese Exports to Serbia Products Million € Motor vehicles for the transport of >= 10 persons 4.769 Motor vehicles for the transport of goods 1.602 Footwear 256 Sanitary ware and parts thereof, of iron or steel 191 Tubes and fittings therefor of plastics 168 New pneumatic tyres of rubber 158 Pumps for liquids 146 Electric motors and generators 120 Liqueurs and other spirituous beverages 118 Prepared or preserved fish 110 Source: INE Year: 2008 Recent Bilateral Economic Relations Portuguese Imports from Serbia Other Products 66,1% - Chemical Products 25,2% - Base Metals Base Metals 8,7% - Other Products Chemical Products Source: INE Year: 2008 Aicep External Network International Network Location Europe Oslo Copenhaga Helsínquia Estocolmo Moscovo Dublin Berlim Haia Londres Bruxelas Paris Varsóvia Praga Viena Zurique Vigo Madrid Mérida Milão Barcelona Budapeste Bucareste Istambul Ancara Atenas Business Center Office Representation International Network Location Outside Europe Pequim Toronto São Francisco Cidade do México Nova Iorque Argel Tunes Tripoli Rabat Seul Xangai Dubai Tóquio Nova Deli Macau Caracas Praia Singapura Luanda São Paulo Maputo Santiago do Chile Business Center Office Representation Joanesburgo Buenos Aires Key figures: International Network aicep Current Situation: July 2009 ► 43 countries (direct presence) ► 14 Business Centers ► 19 Offices ► 17 Representations Maria João Veiga Gomes [email protected]