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 (%) | 2008 - 2019

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2008
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2019
TOTAL. ALL COMMODITIESSerbiaWorldExportsValue (US$)10,972,082,013.008,345,076,235.009,794,515,799.0011,779,477,582.0011,229,030,695.0014,610,779,427.0014,843,348,443.0013,378,933,798.0014,851,777,129.0016,959,040,119.0019,239,126,973.0019,633,048,518.00
Value Growth, YoY (%)24.33-23.9417.3620.26-4.6730.111.59-9.8611.0014.1813.442.04
ImportsValue (US$)22,875,303,751.0016,047,433,276.0016,734,509,022.0019,861,908,142.0018,924,891,223.0020,550,989,938.0020,608,584,765.0018,210,171,281.0019,230,912,776.0022,146,377,217.0025,882,635,269.0026,730,093,636.00
Value Growth, YoY (%)23.29-29.844.2818.68-4.718.590.28-11.635.6015.1616.873.27

The value of merchandise exports from Serbia totalled $ 19.6 billion in 2019. Merchandise exports from Serbia increased by 2.04% compared to 2018. Goods exports grew up by $ 393 million in 2019 (the value of merchandise exports from Serbia amounted to $19.2 billion in 2018)

Serbia's exports 2019 by country

Top export destinations of commodities from Serbia in 2019:

  • Germany with a share of 12.6% (2.47 billion US$)
  • Italy with a share of 10% (1.98 billion US$)
  • Bosnia and Herzegovina with a share of 7.71% (1.51 billion US$)
  • Romania with a share of 5.85% (1.14 billion US$)
  • Russia with a share of 4.97% (977 million US$)
  • Montenegro with a share of 4.49% (881 million US$)
  • Hungary with a share of 4.22% (830 million US$)
  • North Macedonia with a share of 3.84% (754 million US$)
  • Czech Republic with a share of 3.31% (651 million US$)
  • Slovenia with a share of 3.31% (650 million US$)

Exports structure from Serbia in 2019 represented by the following main commodity groups:

  • 15.1% (2.97 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 7.61% (1.49 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 4.9% (962 million US$): 39 - Plastics and articles thereof
  • 4.87% (956 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 4.86% (954 million US$): 40 - Rubber and articles thereof
  • 4.64% (911 million US$): 72 - Iron and steel
  • 3.72% (731 million US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
  • 3.5% (688 million US$): 74 - Copper and articles thereof
  • 3.2% (628 million US$): 10 - Cereals
  • 3.1% (610 million US$): 08 - Edible fruit and nuts; peel of citrus fruit or melons

What did Serbia export in 2019?

Serbia's Top Exports in 2019:

  • 7.62% ($1.49 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
  • 3.78% ($742 million): 4011 - New pneumatic tyres, of rubber
  • 3.01% ($592 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
  • 2.91% ($571 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
  • 2.8% ($550 million): 1005 - Maize (corn)
  • 2.53% ($497 million): 8501 - Electric motors and generators (excluding generating sets).
  • 2.23% ($437 million): 7403 - Refined copper and copper alloys, unwrought.
  • 1.94% ($381 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
  • 1.67% ($328 million): 9401 - Seats (other than those of heading 94.02), whether or not convertible into beds, and parts thereof

The value of merchandise imports to Serbia totalled $ 26 billion in 2019. Merchandise imports to Serbia increased by 3.27% compared to 2018. Goods imports grew up by $ 847 million in 2019 (the value of merchandise imports to Serbia was equal to $25 billion in 2018)

Serbia's imports 2019 by country

Top trading partners (import sources) of Serbia in 2019:

  • Germany with a share of 12.8% (3.44 billion US$)
  • Russia with a share of 9.66% (2.58 billion US$)
  • China with a share of 9.38% (2.5 billion US$)
  • Italy with a share of 8.68% (2.32 billion US$)
  • Hungary with a share of 4.27% (1.14 billion US$)
  • Turkey with a share of 3.95% (1.05 billion US$)
  • Poland with a share of 3.36% (899 million US$)
  • Romania with a share of 3.05% (816 million US$)
  • France with a share of 2.93% (785 million US$)
  • Austria with a share of 2.82% (754 million US$)

Imports structure to Serbia in 2019 represented by the following main commodity groups:

  • 10.8% (2.89 billion US$): 99 - Commodities not specified according to kind
  • 10.7% (2.87 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 9.33% (2.49 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 8.73% (2.33 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 6.12% (1.63 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 5.54% (1.48 billion US$): 39 - Plastics and articles thereof
  • 3.55% (950 million US$): 30 - Pharmaceutical products
  • 3.28% (877 million US$): 73 - Articles of iron or steel
  • 2.43% (651 million US$): 72 - Iron and steel
  • 2.38% (638 million US$): 26 - Ores, slag and ash

What did Serbia import in 2019?

Serbia's Top Imports in 2019:

  • 4.24% ($1.13 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 2.99% ($800 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
  • 2.64% ($706 million): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 2.24% ($600 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
  • 2.22% ($595 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
  • 1.96% ($524 million): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 1.68% ($449 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% ($448 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
  • 1.5% ($402 million): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles

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Serbia | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2008 - 2019