Annual International Trade Statistics by Country (HS)
Publication date: 2022-11-14
Reporting period: 2002 - 2021
Timeseries: 194 million
Source:TrendEconomy
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Serbia | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2010 - 2021

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2010
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TOTAL. ALL COMMODITIESSerbiaWorldExportsValue (US$)9,794,515,799.0011,779,477,582.0011,229,030,695.0014,610,779,427.0014,843,348,443.0013,378,933,798.0014,851,777,129.0016,959,040,119.0019,239,126,973.0019,633,048,518.0019,500,829,540.0025,566,160,915.00
Value Growth, YoY (%)17.3620.26-4.6730.111.59-9.8611.0014.1813.442.04-0.6731.10
ImportsValue (US$)16,734,509,022.0019,861,908,142.0018,924,891,223.0020,550,989,938.0020,608,584,765.0018,210,171,281.0019,230,912,776.0022,146,377,217.0025,882,635,269.0026,730,093,636.0026,228,037,382.0033,793,017,446.00
Value Growth, YoY (%)4.2818.68-4.718.590.28-11.635.6015.1616.873.27-1.8728.84

The value of merchandise exports from Serbia totalled $ 25 billion in 2021. Merchandise exports from Serbia increased by 31% compared to 2020. Goods exports grew up by $ 6.06 billion in 2021 (the value of merchandise exports from Serbia amounted to $19.5 billion in 2020)

Serbia's exports 2021 by country

Top export destinations of commodities from Serbia in 2021:

  • Germany with a share of 12.6% (3.24 billion US$)
  • Italy with a share of 8.51% (2.17 billion US$)
  • Bosnia and Herzegovina with a share of 7.22% (1.84 billion US$)
  • Romania with a share of 5.51% (1.41 billion US$)
  • Hungary with a share of 5.04% (1.28 billion US$)
  • Russia with a share of 3.89% (996 million US$)
  • Montenegro with a share of 3.79% (969 million US$)
  • North Macedonia with a share of 3.76% (963 million US$)
  • China with a share of 3.69% (944 million US$)
  • Poland with a share of 3.5% (895 million US$)

Exports structure from Serbia in 2021 represented by the following main commodity groups:

  • 14.9% (3.81 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 7.06% (1.8 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 5.38% (1.37 billion US$): 39 - Plastics and articles thereof
  • 4.76% (1.21 billion US$): 72 - Iron and steel
  • 4.44% (1.13 billion US$): 40 - Rubber and articles thereof
  • 3.81% (974 million US$): 08 - Edible fruit and nuts; peel of citrus fruit or melons
  • 3.69% (945 million US$): 26 - Ores, slag and ash
  • 3.67% (939 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 3.55% (908 million US$): 10 - Cereals
  • 3.17% (812 million US$): 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

What did Serbia export in 2021?

Serbia's Top Exports in 2021:

  • 6.98% ($1.78 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
  • 3.34% ($855 million): 2603 - Copper ores and concentrates
  • 3.33% ($853 million): 4011 - New pneumatic tyres, of rubber
  • 2.66% ($682 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
  • 2.37% ($606 million): 1005 - Maize (corn)
  • 2.36% ($605 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
  • 2.29% ($588 million): 8501 - Electric motors and generators (excluding generating sets).
  • 1.83% ($470 million): 7403 - Refined copper and copper alloys, unwrought.
  • 1.73% ($444 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
  • 1.66% ($426 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

The value of merchandise imports to Serbia totalled $ 33 billion in 2021. Merchandise imports to Serbia increased by 28% compared to 2020. Goods imports grew up by $ 7.56 billion in 2021 (the value of merchandise imports to Serbia was equal to $26 billion in 2020)

Serbia's imports 2021 by country

Top trading partners (import sources) of Serbia in 2021:

  • Germany with a share of 13.1% (4.45 billion US$)
  • China with a share of 12.3% (4.15 billion US$)
  • Italy with a share of 8.06% (2.72 billion US$)
  • Russia with a share of 5.34% (1.8 billion US$)
  • Turkey with a share of 5.03% (1.7 billion US$)
  • Hungary with a share of 4.21% (1.42 billion US$)
  • Poland with a share of 3.27% (1.1 billion US$)
  • Romania with a share of 2.96% (1 billion US$)
  • Bosnia and Herzegovina with a share of 2.72% (919 million US$)
  • France with a share of 2.61% (884 million US$)

Imports structure to Serbia in 2021 represented by the following main commodity groups:

  • 11.3% (3.82 billion US$): 99 - Commodities not specified according to kind
  • 9.89% (3.34 billion US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 9.84% (3.32 billion US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 9.06% (3.06 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 6.25% (2.11 billion US$): 39 - Plastics and articles thereof
  • 4.96% (1.67 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 4.37% (1.47 billion US$): 30 - Pharmaceutical products
  • 3.06% (1.03 billion US$): 72 - Iron and steel
  • 2.82% (956 million US$): 73 - Articles of iron or steel
  • 2.17% (736 million US$): 76 - Aluminum and articles thereof

What did Serbia import in 2021?

Serbia's Top Imports in 2021:

  • 3.96% ($1.34 billion): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 3.18% ($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
  • 1.89% ($641 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% ($597 million): 2711 - Petroleum gases and other gaseous hydrocarbons
  • 1.73% ($586 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
  • 1.57% ($533 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
  • 1.49% ($505 million): 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05
  • 1.48% ($502 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
  • 1.06% ($361 million): 3002 - Human blood; animal blood for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions, immunological products, modified or obtained by biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) etc

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Serbia | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2010 - 2021