Annual International Trade Statistics by Country (HS02)
Publication date: 2021-04-05
Reporting period: 2002 - 2020
Timeseries: 177 million
Source:UN Comtrade
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Serbia | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2009 - 2020

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Commodity Reporter Partner Trade flow Indicator 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
TOTAL. ALL COMMODITIES Serbia World Exports Value (US$) 8 345 076 235.00 9 794 515 799.00 11 779 477 582.00 11 229 030 695.00 14 610 779 427.00 14 843 348 443.00 13 378 933 798.00 14 851 777 129.00 16 959 040 119.00 19 239 126 973.00 19 633 048 518.00 19 497 682 328.00
Value Growth, YoY (%) -23.942 17.368 20.266 -4.672 30.116 1.591 -9.865 11.008 14.188 13.444 2.047 -0.689
Imports Value (US$) 16 047 433 276.00 16 734 509 022.00 19 861 908 142.00 18 924 891 223.00 20 550 989 938.00 20 608 584 765.00 18 210 171 281.00 19 230 912 776.00 22 146 377 217.00 25 882 635 269.00 26 730 093 636.00 26 227 510 882.00
Value Growth, YoY (%) -29.848 4.281 18.688 -4.717 8.592 0.28 -11.637 5.605 15.16 16.87 3.274 -1.88

The value of merchandise exports from Serbia totalled $ 19.4 billion in 2020. Overall commodity exports from Serbia decreased by 0.689% compared to 2019. Merchandise exports decreased by $ 135 million (the value of merchandise exports from Serbia amounted to $19.6 billion in 2019)

Serbia's exports 2020 by country

Top export destinations of commodities from Serbia in 2020:

  • Germany with a share of 12.8% (2.51 billion US$)
  • Italy with a share of 8.36% (1.63 billion US$)
  • Bosnia and Herzegovina with a share of 7.08% (1.38 billion US$)
  • Romania with a share of 6.51% (1.27 billion US$)
  • Hungary with a share of 4.73% (922 million US$)
  • Russia with a share of 4.67% (911 million US$)
  • Montenegro with a share of 4.02% (784 million US$)
  • North Macedonia with a share of 3.77% (735 million US$)
  • Czech Republic with a share of 3.73% (728 million US$)
  • Croatia with a share of 3.36% (655 million US$)

Exports structure from Serbia in 2020 represented by the following main commodity groups:

  • 15.6% (3.04 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 7.74% (1.5 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 5.18% (1.01 billion US$): 39 - Plastics and articles thereof
  • 4.59% (895 million US$): 40 - Rubber and articles thereof
  • 4.07% (794 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 4.04% (788 million US$): 10 - Cereals
  • 3.78% (737 million US$): 08 - Edible fruit and nuts; peel of citrus fruit or melons
  • 3.73% (728 million US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings
  • 3.32% (648 million US$): 72 - Iron and steel
  • 2.73% (533 million US$): 74 - Copper and articles thereof

What did Serbia export in 2020?

Serbia's Top Exports in 2020:

  • 7.24% ($1.41 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.
  • 3.46% ($674 million): 4011 - New pneumatic tyres, of rubber.
  • 3.4% ($664 million): 1005 - Maize (corn).
  • 2.54% ($495 million): 8501 - Electric motors and generators (excluding generating sets).
  • 2.45% ($477 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.
  • 2.25% ($439 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.
  • 1.77% ($345 million): 7403 - Refined copper and copper alloys, unwrought.
  • 1.61% ($315 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.
  • 1.6% ($312 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.
  • 1.54% ($301 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 2020. Overall commodity imports to Serbia decreased by 1.88% compared to 2019. Merchandise imports decreased by $ 502 million (the value of merchandise imports to Serbia was equal to $26 billion in 2019)

Serbia's imports 2020 by country

Top trading partners (import sources) of Serbia in 2020:

  • Germany with a share of 13.6% (3.57 billion US$)
  • China with a share of 12.5% (3.29 billion US$)
  • Italy with a share of 8.4% (2.2 billion US$)
  • Russia with a share of 5.97% (1.56 billion US$)
  • Hungary with a share of 4.96% (1.3 billion US$)
  • Turkey with a share of 4.38% (1.14 billion US$)
  • Poland with a share of 3.33% (875 million US$)
  • Romania with a share of 3.14% (824 million US$)
  • France with a share of 2.78% (730 million US$)
  • Slovenia with a share of 2.77% (727 million US$)

Imports structure to Serbia in 2020 represented by the following main commodity groups:

  • 12.3% (3.23 billion US$): 99 - Commodities not specified according to kind
  • 10.3% (2.71 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 9.73% (2.55 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 7.34% (1.92 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 5.76% (1.51 billion US$): 39 - Plastics and articles thereof
  • 5.09% (1.33 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 4.7% (1.23 billion US$): 30 - Pharmaceutical products
  • 2.61% (686 million US$): 73 - Articles of iron or steel
  • 2.38% (626 million US$): 48 - Paper and paperboard; articles of paper pulp, of paper or of paperboard
  • 2.32% (609 million US$): 72 - Iron and steel

What did Serbia import in 2020?

Serbia's Top Imports in 2020:

  • 4.1% ($1.07 billion): 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.
  • 3.19% ($839 million): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude.
  • 1.93% ($507 million): 2711 - Petroleum gases and other gaseous hydrocarbons.
  • 1.79% ($470 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.
  • 1.77% ($466 million): 8525 - Transmission apparatus for radio-telephony, radio-telegraphy, radio-broadcasting or television, whether or not incorporating reception apparatus or sound recording or reproducing apparatus; television cameras; still image video cameras and other video camera recorders; digital cameras.
  • 1.61% ($424 million): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05.
  • 1.56% ($410 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.
  • 1.25% ($328 million): 2710 - Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils.
  • 0.873% ($229 million): 8536 - Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits (for example, switches, relays, fuses, surge suppressors, plugs, sockets, lamp-holders, junction boxes), for a voltage not exceeding 1,000 volts.

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Serbia | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2009 - 2020