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Serbia: Trade Statistics

Exporter Rank

60 / 119

Importer Rank

58 / 119

Trade Balance Rank

92 / 119

Total Trade [1]

Total Exports (2018) $19,226,473,775
Total Imports (2018) $25,882,298,640
Trade Balance (2018) ($6,655,824,865)
Exports of goods and services (% of GDP) (2018) [2] 50.78%
Imports of goods and services (% of GDP) (2018) [2] 59.29%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Italy $2,356,420,679
Germany $2,296,903,737
Bosnia and Herzegovina $1,527,918,544
Romania $1,140,640,733
Russia $1,023,572,481
Montenegro $902,266,185
Hungary $775,431,952
North Macedonia $738,659,122
Bulgaria $724,942,791
Slovenia $674,317,082

Import Partners

Top 10 Import Countries

Country Import USD$
Germany $3,474,414,667
Italy $2,422,626,508
China $2,167,517,459
Russia $2,037,087,078
Hungary $1,244,948,887
Turkey $984,086,756
Poland $921,663,201
France $721,612,373
Austria $720,357,529
Romania $710,337,951

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

Top 10 Export Goods

HS Code Export USD$
(85) Electrical Machinery $2,591,974,624
(84) Industrial Machinery $1,336,927,973
(87) Motor Vehicles & Parts $1,275,930,559
(72) Iron & Steel $1,035,064,855
(39) Plastics $965,321,810
(40) Rubber $931,237,010
(74) Copper $652,884,801
(94) Furniture $612,967,900
(08) Fruit & Nuts $585,437,224
(27) Oil & Mineral Fuels $580,417,980

Top 10 Import Goods

HS Code Import USD$
(99) Items nesoi $3,024,001,148
(27) Oil & Mineral Fuels $3,000,084,919
(85) Electrical Machinery $2,447,135,801
(84) Industrial Machinery $2,266,969,515
(87) Motor Vehicles & Parts $1,851,241,646
(39) Plastics $1,430,093,514
(30) Pharmaceuticals $833,861,184
(72) Iron & Steel $710,733,128
(48) Paper $614,888,534
(73) Iron & Steel Articles $602,650,380

Sources:

  1. UN Comtrade (2018) except where stated otherwise.
  2. The World Bank. Accessed: 6/3/2020
Serbia