Serbia and Montenegro - Foreign trade

The UN imposed sanctions on international trade with Yugoslavia in May 1992 and lifted them in December 1995. During the war, when sanctions were in force, dozens of Cypriot companies, set up by senior Serbian officials and businessmen, trafficked millions of dollars in illegal trade.

In 2000 Yugoslavia's imports were distributed among the following categories:

Consumer goods	8.8%
Food	7.5%
Fuels	20.1%
Industrial supplies	35.0%
Machinery	12.8%
Transportation	10.1%
Other	5.7%

Principal trading partners in 2000 (in millions of US dollars) were as follows:

COUNTRY	EXPORTS	IMPORTS	BALANCE
Bosnia-Herzegovina	254	174	80
Italy	223	390	-167
Macedonia	210	130	80
Germany	177	479	-302
Switzerland	109	92	17
Russia	86	319	-233
Greece	75	132	-57
Hungary	62	123	-61
France	43	89	-46
Austria	42	114	-72