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 (%) | 2009 - 2020

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2009
2010
2011
2012
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2020
TOTAL. ALL COMMODITIESSerbiaWorldExportsValue (US$)8,345,076,235.009,794,515,799.0011,779,477,582.0011,229,030,695.0014,610,779,427.0014,843,348,443.0013,378,933,798.0014,851,777,129.0016,959,040,119.0019,239,126,973.0019,633,048,518.0019,500,829,540.00
Value Growth, YoY (%)-23.9417.3620.26-4.6730.111.59-9.8611.0014.1813.442.04-0.67
ImportsValue (US$)16,047,433,276.0016,734,509,022.0019,861,908,142.0018,924,891,223.0020,550,989,938.0020,608,584,765.0018,210,171,281.0019,230,912,776.0022,146,377,217.0025,882,635,269.0026,730,093,636.0026,228,037,382.00
Value Growth, YoY (%)-29.844.2818.68-4.718.590.28-11.635.6015.1616.873.27-1.87

The value of merchandise exports from Serbia totalled $ 19.5 billion in 2020. Overall commodity exports from Serbia decreased by 0.673% compared to 2019. Merchandise exports decreased by $ 132 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 7.09% (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$)
  • North Macedonia with a share of 3.77% (736 million US$)
  • 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% (3.05 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 7.69% (1.5 billion US$): 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$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 4.05% (790 million US$): 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, n.e.s.; illuminated signs, illuminated name-plates 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
  • 3.41% ($665 million): 1005 - Maize (corn)
  • 2.53% ($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
  • 1.76% ($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 1.87% 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:

  • 11.9% (3.12 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
  • 9.88% (2.59 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 7.34% (1.92 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 5.75% (1.51 billion US$): 39 - Plastics and articles thereof
  • 5.1% (1.34 billion US$): 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
  • 2.32% (609 million US$): 72 - Iron and steel
  • 2.12% (556 million US$): 48 - Paper and paperboard; articles of paper pulp, of paper or of paperboard

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): 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
  • 1.79% ($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
  • 1.61% ($424 million): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 1.56% ($411 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 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
  • 0.891% ($233 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