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Serbia: Trade Statistics

Exporter Rank

63 / 138

Importer Rank

58 / 138

Trade Balance Rank

105 / 138

Total Trade [1]

Total Exports (2021) $25,566,160,915
Total Imports (2021) $33,793,017,446
Trade Balance (2021) ($8,226,856,531)
Exports of goods and services (% of GDP) (2022) [2] 63.47%
Imports of goods and services (% of GDP) (2022) [2] 74.17%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Germany $3,242,866,163
Italy $2,177,224,949
Bosnia and Herzegovina $1,846,745,433
Romania $1,410,718,834
Hungary $1,289,162,595
Russia $996,156,026
Montenegro $969,809,282
North Macedonia $963,271,097
China $944,546,595
Poland $895,778,489

Import Partners

Top 10 Import Countries

Country Import USD$
Germany $4,457,725,581
China $4,158,723,921
Italy $2,726,148,452
Russia $1,806,056,791
Turkey $1,701,793,987
Hungary $1,422,716,183
Poland $1,107,783,215
Romania $1,001,047,625
Bosnia and Herzegovina $919,891,282
France $884,451,328

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

Top 10 Export Goods

HS Code Export USD$
(85) Electrical Machinery $3,819,068,149
(84) Industrial Machinery $1,805,182,697
(39) Plastics $1,377,614,835
(72) Iron & Steel $1,218,215,617
(40) Rubber $1,136,526,472
(08) Fruit & Nuts $974,631,958
(26) Ores $945,849,029
(87) Motor Vehicles & Parts $939,231,237
(10) Cereals $908,169,947
(94) Furniture $812,503,770

Top 10 Import Goods

HS Code Import USD$
(99) Items nesoi $3,823,738,779
(84) Industrial Machinery $3,344,066,077
(85) Electrical Machinery $3,327,231,221
(27) Oil & Mineral Fuels $3,064,040,673
(39) Plastics $2,114,414,812
(87) Motor Vehicles & Parts $1,678,089,505
(30) Pharmaceuticals $1,477,772,998
(72) Iron & Steel $1,034,966,779
(73) Iron & Steel Articles $956,295,627
(76) Aluminum $736,051,862

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 9/11/2023
Serbia