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 |
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