Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Serbia | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2007 - 2018

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2007
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2018
TOTAL. ALL COMMODITIESSerbiaWorldExportsValue (US$)8,824,700,743.0010,972,082,013.008,345,076,235.009,794,515,799.0011,779,477,582.0011,229,030,695.0014,610,779,427.0014,843,348,443.0013,378,933,798.0014,851,777,129.0016,959,040,119.0019,239,126,973.00
Value Growth, YoY (%)37.2824.33-23.9417.3620.26-4.6730.111.59-9.8611.0014.1813.44
ImportsValue (US$)18,553,606,220.0022,875,303,751.0016,047,433,276.0016,734,509,022.0019,861,908,142.0018,924,891,223.0020,550,989,938.0020,608,584,765.0018,210,171,281.0019,230,912,776.0022,146,377,217.0025,882,635,269.00
Value Growth, YoY (%)40.8523.29-29.844.2818.68-4.718.590.28-11.635.6015.1616.87

The value of merchandise exports from Serbia totalled $ 19.2 billion in 2018. Merchandise exports from Serbia increased by 13.4% compared to 2017. Goods exports grew up by $ 2.28 billion in 2018 (the value of merchandise exports from Serbia amounted to $16.9 billion in 2017)

Serbia's exports 2018 by country

Top export destinations of commodities from Serbia in 2018:

  • Italy with a share of 12.2% (2.35 billion US$)
  • Germany with a share of 11.9% (2.29 billion US$)
  • Bosnia and Herzegovina with a share of 7.91% (1.52 billion US$)
  • Romania with a share of 5.93% (1.14 billion US$)
  • Russia with a share of 5.32% (1.02 billion US$)
  • Montenegro with a share of 4.7% (905 million US$)
  • Hungary with a share of 4.04% (777 million US$)
  • North Macedonia with a share of 3.85% (740 million US$)
  • Bulgaria with a share of 3.76% (724 million US$)
  • Slovenia with a share of 3.54% (682 million US$)

Exports structure from Serbia in 2018 represented by the following main commodity groups:

  • 13.4% (2.59 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 6.94% (1.33 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 6.63% (1.27 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 5.37% (1.03 billion US$): 72 - Iron and steel
  • 5.01% (965 million US$): 39 - Plastics and articles thereof
  • 4.84% (931 million US$): 40 - Rubber and articles thereof
  • 3.39% (652 million US$): 74 - Copper and articles thereof
  • 3.18% (612 million US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
  • 3.04% (585 million US$): 08 - Edible fruit and nuts; peel of citrus fruit or melons
  • 3.01% (580 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

What did Serbia export in 2018?

Serbia's Top Exports in 2018:

  • 6.82% ($1.31 billion): 8544 - Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors
  • 4.65% ($896 million): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 3.78% ($727 million): 4011 - New pneumatic tyres, of rubber
  • 3.15% ($607 million): 7208 - Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hot-rolled, not clad, plated or coated
  • 2.11% ($405 million): 8501 - Electric motors and generators (excluding generating sets).
  • 1.98% ($381 million): 7403 - Refined copper and copper alloys, unwrought.
  • 1.92% ($369 million): 0811 - Fruit and nuts, uncooked or cooked by steaming or boiling in water, frozen, whether or not containing added sugar or other sweetening matter
  • 1.66% ($319 million): 9401 - Seats (other than those of heading 94.02), whether or not convertible into beds, and parts thereof
  • 1.65% ($318 million): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils

The value of merchandise imports to Serbia totalled $ 25 billion in 2018. Merchandise imports to Serbia increased by 16.8% compared to 2017. Goods imports grew up by $ 3.73 billion in 2018 (the value of merchandise imports to Serbia was equal to $22 billion in 2017)

Serbia's imports 2018 by country

Top trading partners (import sources) of Serbia in 2018:

  • Germany with a share of 13.4% (3.47 billion US$)
  • Italy with a share of 9.36% (2.42 billion US$)
  • China with a share of 8.37% (2.16 billion US$)
  • Russia with a share of 7.87% (2.03 billion US$)
  • Hungary with a share of 4.79% (1.24 billion US$)
  • Turkey with a share of 3.8% (984 million US$)
  • Poland with a share of 3.56% (921 million US$)
  • France with a share of 2.78% (721 million US$)
  • Austria with a share of 2.78% (720 million US$)
  • Romania with a share of 2.75% (711 million US$)

Imports structure to Serbia in 2018 represented by the following main commodity groups:

  • 11.6% (3.02 billion US$): 99 - Commodities not specified according to kind
  • 11.5% (3 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 9.45% (2.44 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 8.75% (2.26 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 7.15% (1.85 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 5.52% (1.43 billion US$): 39 - Plastics and articles thereof
  • 3.22% (833 million US$): 30 - Pharmaceutical products
  • 2.74% (710 million US$): 72 - Iron and steel
  • 2.37% (614 million US$): 48 - Paper and paperboard; articles of paper pulp, of paper or of paperboard
  • 2.32% (602 million US$): 73 - Articles of iron or steel

What did Serbia import in 2018?

Serbia's Top Imports in 2018:

  • 5.48% ($1.41 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 3.03% ($785 million): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 2.75% ($714 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 2.46% ($638 million): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 2.27% ($589 million): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 1.86% ($483 million): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 1.68% ($436 million): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 1.67% ($434 million): 8544 - Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors
  • 1.04% ($271 million): 2704 - Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon

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Serbia | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2007 - 2018