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Serbia, FR(Serbia/Montenegro) Trade Summary

2016

Serbia, FR(Serbia/Montenegro) exports, imports, tariff by year.
Serbia, FR(Serbia/Montenegro) monthly trade data
Serbia, FR(Serbia/Montenegro) quarterly trade data

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR SERBIA, FR(SERBIA/MONTENEGRO) 2016

Overall Exports and Imports for Serbia, FR(Serbia/Montenegro) 2016

Exports and imports of Serbia, FR(Serbia/Montenegro) in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 14,852 million.
  • The total value of imports (CIF) was 19,231 million.
  • At the HS6 digit level, 3,864 products were exported to 173 countries and 4,305 products were imported from 199 countries.

Serbia, FR(Serbia/Montenegro) top 5 Export and Import partners 2016

Top five countries to which Serbia, FR(Serbia/Montenegro) exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Serbia, FR(Serbia/Montenegro) exports to Italy worth US$ 2,168 million, with a partner share of 14.60 percent.
  2. Serbia, FR(Serbia/Montenegro) exports to Germany worth US$ 1,940 million, with a partner share of 13.06 percent.
  3. Serbia, FR(Serbia/Montenegro) exports to Bosnia and Herzegovina worth US$ 1,229 million, with a partner share of 8.28 percent.
  4. Serbia, FR(Serbia/Montenegro) exports to Romania worth US$ 846 million, with a partner share of 5.70 percent.
  5. Serbia, FR(Serbia/Montenegro) exports to Russian Federation worth US$ 795 million, with a partner share of 5.35 percent.

Top five countries from which Serbia, FR(Serbia/Montenegro) imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Serbia, FR(Serbia/Montenegro) imports from Germany worth US$ 2,473 million, with a partner share of 12.86 percent.
  2. Serbia, FR(Serbia/Montenegro) imports from Italy worth US$ 1,984 million, with a partner share of 10.32 percent.
  3. Serbia, FR(Serbia/Montenegro) imports from China worth US$ 1,603 million, with a partner share of 8.34 percent.
  4. Serbia, FR(Serbia/Montenegro) imports from Russian Federation worth US$ 1,510 million, with a partner share of 7.85 percent.
  5. Serbia, FR(Serbia/Montenegro) imports from Hungary worth US$ 883 million, with a partner share of 4.59 percent.

Serbia, FR(Serbia/Montenegro) Top 5 Productsexports imports at HS 6 digit level 2016

The top five exported HS 6 digit level products to world by Serbia, FR(Serbia/Montenegro) along with trade value are:

  1. Serbia, FR(Serbia/Montenegro) exported Automobiles with diesel engine displacing not m , worth 597,582.88 (US$ Thousands).
  2. Serbia, FR(Serbia/Montenegro) exported Ignition wiring sets&oth wiring sets of a kind , worth 574,009.39 (US$ Thousands).
  3. Serbia, FR(Serbia/Montenegro) exported Maize (excl. seed) , worth 335,164.99 (US$ Thousands).
  4. Serbia, FR(Serbia/Montenegro) exported Automobiles with reciprocating piston engine di , worth 299,621.98 (US$ Thousands).
  5. Serbia, FR(Serbia/Montenegro) exported New pneumatic tyres, of rubber of a kind used o , worth 292,564.30 (US$ Thousands).

The top five imported HS 6 digit level products from world by Serbia, FR(Serbia/Montenegro) along with trade value are

  1. Serbia, FR(Serbia/Montenegro) imported Motor vehicle parts nes , worth 764,070.72 (US$ Thousands).
  2. Serbia, FR(Serbia/Montenegro) imported Petroleum oils and oils obtained from bituminou , worth 686,186.42 (US$ Thousands).
  3. Serbia, FR(Serbia/Montenegro) imported Other medicaments of mixed or unmixed products, , worth 468,417.06 (US$ Thousands).
  4. Serbia, FR(Serbia/Montenegro) imported Petroleum oils, etc, (excl. crude); preparation , worth 353,242.96 (US$ Thousands).
  5. Serbia, FR(Serbia/Montenegro) imported Natural gas in gaseous state , worth 325,620.61 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Serbia, FR(Serbia/Montenegro) in 2016 are below

  • The maximum rate of tariff in percentage on any product was 30 percent.
  • The simple average tariff across all products was 2.70 percent.
  • The trade weighted average tariff was 1.37 .
  • The total duty free imports in thousands of US dollars were 12,426,675.53 and duty free tariff line items share was 65.91 percent.

Development Indicators 2016

Key Development Indicators of Serbia, FR(Serbia/Montenegro) in 2016 are below

  • Serbia, FR(Serbia/Montenegro) GDP in current US dollar was 40,693 million.
  • GNI per capita, Atlas method (current US$) was 5,700.00 .
  • Serbia, FR(Serbia/Montenegro) Trade balance: as % of GDP was -4.83.
  • Trade balance in current US$ was -1,964.00 million.
  • Trade as percentage of GDP was 101.86 .
  • Trade in services as percentage of GDP was 22.38 .

Trade Indicators 2016

Trade Indicators for Serbia, FR(Serbia/Montenegro) in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 6.59.
  • World Growth in percentage was -1.35 and Serbia, FR(Serbia/Montenegro) Country Growth was 4.58 .