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Serbia, FR(Serbia/Montenegro) Trade Summary

2023

Serbia, FR(Serbia/Montenegro) exports, imports, tariff by year.

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) 2023

Overall Exports and Imports for Serbia, FR(Serbia/Montenegro) 2023

Exports and imports of Serbia, FR(Serbia/Montenegro) in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 30,935 million.
  • The total value of imports (CIF) was 39,828 million.
  • At the HS6 digit level, 3,897 products were exported to 183 countries and 4,289 products were imported from 210 countries.

Serbia, FR(Serbia/Montenegro) top 5 Export and Import partners 2023

Top five countries to which Serbia, FR(Serbia/Montenegro) exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Serbia, FR(Serbia/Montenegro) exports to Germany worth US$ 4,663 million, with a partner share of 15.07 percent.
  2. Serbia, FR(Serbia/Montenegro) exports to Bosnia and Herzegovina worth US$ 2,127 million, with a partner share of 6.87 percent.
  3. Serbia, FR(Serbia/Montenegro) exports to Italy worth US$ 1,914 million, with a partner share of 6.19 percent.
  4. Serbia, FR(Serbia/Montenegro) exports to Hungary worth US$ 1,687 million, with a partner share of 5.45 percent.
  5. Serbia, FR(Serbia/Montenegro) exports to Romania worth US$ 1,561 million, with a partner share of 5.05 percent.

Top five countries from which Serbia, FR(Serbia/Montenegro) imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Serbia, FR(Serbia/Montenegro) imports from Germany worth US$ 5,214 million, with a partner share of 13.09 percent.
  2. Serbia, FR(Serbia/Montenegro) imports from China worth US$ 4,868 million, with a partner share of 12.22 percent.
  3. Serbia, FR(Serbia/Montenegro) imports from Italy worth US$ 2,901 million, with a partner share of 7.28 percent.
  4. Serbia, FR(Serbia/Montenegro) imports from Turkey worth US$ 1,871 million, with a partner share of 4.70 percent.
  5. Serbia, FR(Serbia/Montenegro) imports from Russian Federation worth US$ 1,725 million, with a partner share of 4.33 percent.

Serbia, FR(Serbia/Montenegro) Top 5 Productsexports imports at HS 6 digit level 2023

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 Ignition wiring sets&oth wiring sets of a kind , worth 1,798,264.49 (US$ Thousands).
  2. Serbia, FR(Serbia/Montenegro) exported Copper ores and concentrates , worth 1,463,552.82 (US$ Thousands).
  3. Serbia, FR(Serbia/Montenegro) exported Electrical energy , worth 1,374,092.97 (US$ Thousands).
  4. Serbia, FR(Serbia/Montenegro) exported New pneumatic tyres, of rubber of a kind used o , worth 578,013.97 (US$ Thousands).
  5. Serbia, FR(Serbia/Montenegro) exported Copper cathodes and sections of cathodes unwrou , worth 499,873.80 (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 Petroleum oils and oils obtained from bituminou , worth 1,936,629.23 (US$ Thousands).
  2. Serbia, FR(Serbia/Montenegro) imported Natural gas in gaseous state , worth 1,361,597.06 (US$ Thousands).
  3. Serbia, FR(Serbia/Montenegro) imported Other medicaments of mixed or unmixed products, , worth 1,169,465.82 (US$ Thousands).
  4. Serbia, FR(Serbia/Montenegro) imported Electrical energy , worth 843,303.20 (US$ Thousands).
  5. Serbia, FR(Serbia/Montenegro) imported Petroleum oils, etc, (excl. crude); preparation , worth 611,079.11 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Serbia, FR(Serbia/Montenegro) in 2023 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2023

Key Development Indicators of Serbia, FR(Serbia/Montenegro) in 2023 are below

  • Serbia, FR(Serbia/Montenegro) GDP in current US dollar was not available.
  • GNI per capita, Atlas method (current US$) was not available .
  • Serbia, FR(Serbia/Montenegro) Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2023

Trade Indicators for Serbia, FR(Serbia/Montenegro) in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 8.21.
  • World Growth in percentage was -3.13 and Serbia, FR(Serbia/Montenegro) Country Growth was 0.79 .