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]
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Republic of SERBIA