1. Home
  2. Global Insights
  3. By Country
  4. Serbia
  5. Trade Statistics

Serbia: Trade Statistics

Exporter Rank

62 / 127

Importer Rank

61 / 127

Trade Balance Rank

104 / 127

Total Trade [1]

Total Exports (2019) $19,633,048,518
Total Imports (2019) $26,730,093,636
Trade Balance (2019) ($7,097,045,118)
Exports of goods and services (% of GDP) (2019) [2] 51.05%
Imports of goods and services (% of GDP) (2019) [2] 61.03%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Germany $2,477,478,938
Italy $1,982,739,477
Bosnia and Herzegovina $1,513,855,439
Romania $1,149,495,569
Russia $977,178,781
Montenegro $881,552,926
Hungary $830,184,027
North Macedonia $754,759,240
Czechia $651,605,904
Slovenia $650,523,730

Import Partners

Top 10 Import Countries

Country Import USD$
Germany $3,447,974,742
Russia $2,583,949,670
China $2,507,661,595
Italy $2,322,593,049
Hungary $1,142,060,305
Turkey $1,057,884,859
Poland $899,083,303
Romania $816,925,983
France $785,125,459
Austria $754,458,972

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(85) Electrical Machinery $2,972,839,066
(84) Industrial Machinery $1,494,083,212
(39) Plastics $962,784,886
(87) Motor Vehicles & Parts $956,824,079
(40) Rubber $954,789,445
(72) Iron & Steel $911,959,747
(94) Furniture $731,677,047
(74) Copper $688,614,744
(10) Cereals $628,540,826
(08) Fruit & Nuts $610,199,484

Top 10 Import Goods

HS Code Import USD$
(99) Items nesoi $2,897,725,401
(27) Oil & Mineral Fuels $2,873,941,133
(85) Electrical Machinery $2,496,484,424
(84) Industrial Machinery $2,335,704,385
(87) Motor Vehicles & Parts $1,637,189,188
(39) Plastics $1,483,457,425
(30) Pharmaceuticals $950,228,848
(73) Iron & Steel Articles $877,163,685
(72) Iron & Steel $651,472,411
(26) Ores $638,039,750

Sources:

  1. UN Comtrade (2019) except where stated otherwise.
  2. The World Bank. Accessed: 1/31/2021
Serbia