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Serbia: Trade Statistics

Exporter Rank

57 / 121

Importer Rank

57 / 121

Trade Balance Rank

89 / 121

Total Trade [1]

Total Exports (2017) $16,959,040,119
Total Imports (2017) $22,146,377,217
Trade Balance (2017) ($5,187,337,098)
Exports of goods and services (% of GDP) (2018) [2] 50.91%
Imports of goods and services (% of GDP) (2018) [2] 59.28%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Italy $2,236,670,452
Germany $2,131,406,576
Bosnia and Herzegovina $1,361,802,566
Russia $995,477,684
Montenegro $817,503,210
Romania $813,680,864
Bulgaria $662,767,404
Macedonia $627,404,580
Croatia $621,591,752
Hungary $619,979,746

Import Partners

Top 10 Import Countries

Country Import USD$
Germany $2,806,204,600
Italy $2,225,568,465
China $1,819,442,633
Russia $1,588,747,345
Hungary $1,071,147,674
Poland $909,498,325
Turkey $826,992,325
Austria $680,093,921
Romania $658,931,520
France $637,488,443

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

Top 10 Export Goods

HS Code Export USD$
(85) Electrical Machinery $2,132,400,977
(87) Motor Vehicles & Parts $1,405,452,263
(84) Industrial Machinery $1,136,843,119
(39) Plastics $838,631,031
(40) Rubber $788,252,602
(72) Iron & Steel $747,783,286
(08) Fruit & Nuts $660,881,788
(74) Copper $579,142,311
(94) Furniture $526,477,540
(73) Iron & Steel Articles $473,212,918

Top 10 Import Goods

HS Code Import USD$
(99) Items nesoi $3,185,192,810
(27) Oil & Mineral Fuels $2,301,571,981
(84) Industrial Machinery $1,837,370,461
(85) Electrical Machinery $1,817,631,465
(87) Motor Vehicles & Parts $1,656,669,669
(39) Plastics $1,211,010,499
(30) Pharmaceuticals $743,377,379
(72) Iron & Steel $542,400,093
(48) Paper $524,884,110
(73) Iron & Steel Articles $492,554,225

Sources:

  1. UN Comtrade (2017) except where stated otherwise.
  2. The World Bank. Accessed: 9/30/2019
Serbia