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Serbia | Imports and Exports | World | Palm oil | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" from Serbia totalled $ 267 thousand in 2023. Sales of commodity group 1511 from Serbia decreased by 29% in value terms compared to 2022. exports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 109 thousand (cumulative exports of commodity group 1511 from Serbia amounted $377 thousand in 2022)

Exports of commodity group 1511 amounted to 0.087% of total sales of group "" from Serbia in 2023 (the value of exports of commodity group from Serbia amounted to $306 million in 2023). The share of exports of commodity group 1511 in sales of commodity group from Serbia lowered by 0.027 p.p. compared to 2022 (it was 0.114% in 2022, and exports of commodity group from Serbia were $328 million).

Exports | Serbia | 1511

Export destinations of 1511 Palm oil and its fractions, whether or not refined, but not chemically modified from Serbia

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Where does Serbia export Palm oil and its fractions, whether or not refined, but not chemically modified?

Top export destinations of "Palm oil and its fractions, whether or not refined, but not chemically modified" from Serbia in 2023:

Montenegro with a share of 45% (120 thousand US$)
Bosnia and Herzegovina with a share of 29% (78 thousand US$)
Slovenia with a share of 13.6% (36 thousand US$)
North Macedonia with a share of 11.7% (31 thousand US$)
Poland - 64 US$

Exports structure of 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified - from Serbia in 2023 represented by the following main commodity groups:

99% (267 thousand US$): 151190 - Palm oil, other than crude, & fractions thereof , whether or not ref. but not chemically modified
0.023% (64 US$): 151110 - Palm oil, crude

The value of imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" to Serbia totalled $ 38 million in 2023. Sales of commodity group 1511 to Serbia decreased by 26% in value terms compared to 2022. imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 14.2 million (the value of imports of commodity group 1511 to Serbia was equal to $53 million in 2022)

Imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" accounted for 0.097% of total import flow to Serbia (in 2023, total imports to Serbia amounted to $ 39 billion). The share of commodity group 1511 in total imports to Serbia decreased by 0.031 p.p. compared to 2022 (it was 0.129% in 2022 and cumulative imports to Serbia were equal to $ 41 billion).

Imports of commodity group 1511 reached 27% of total imports of group "" to Serbia in 2023 (imports of commodity group to Serbia totalled $140 million in 2023). The share of purchases of commodity group 1511 in imports of commodity group to Serbia went down by 10.7 p.p. compared to 2022 (it was 38% in 2022, and imports of commodity group to Serbia accounted for $137 million).

Imports | Serbia | 1511

Sources of imports of 1511 Palm oil and its fractions, whether or not refined, but not chemically modified for Serbia