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Serbia, FR(Serbia/Montenegro) Trade Summary

2020

Serbia, FR(Serbia/Montenegro) exports, imports, tariff by year.
Serbia, FR(Serbia/Montenegro) monthly 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) 2020

Overall Exports and Imports for Serbia, FR(Serbia/Montenegro) 2020

Exports and imports of Serbia, FR(Serbia/Montenegro) in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 19,501 million.
  • The total value of imports (CIF) was 26,228 million.
  • At the HS6 digit level, 3,848 products were exported to 164 countries and 4,321 products were imported from 181 countries.

Serbia, FR(Serbia/Montenegro) top 5 Export and Import partners 2020

Top five countries to which Serbia, FR(Serbia/Montenegro) exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Serbia, FR(Serbia/Montenegro) exports to Germany worth US$ 2,512 million, with a partner share of 12.88 percent.
  2. Serbia, FR(Serbia/Montenegro) exports to Italy worth US$ 1,632 million, with a partner share of 8.37 percent.
  3. Serbia, FR(Serbia/Montenegro) exports to Bosnia and Herzegovina worth US$ 1,383 million, with a partner share of 7.09 percent.
  4. Serbia, FR(Serbia/Montenegro) exports to Romania worth US$ 1,271 million, with a partner share of 6.52 percent.
  5. Serbia, FR(Serbia/Montenegro) exports to Hungary worth US$ 923 million, with a partner share of 4.73 percent.

Top five countries from which Serbia, FR(Serbia/Montenegro) imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Serbia, FR(Serbia/Montenegro) imports from Germany worth US$ 3,573 million, with a partner share of 13.62 percent.
  2. Serbia, FR(Serbia/Montenegro) imports from China worth US$ 3,290 million, with a partner share of 12.54 percent.
  3. Serbia, FR(Serbia/Montenegro) imports from Italy worth US$ 2,203 million, with a partner share of 8.40 percent.
  4. Serbia, FR(Serbia/Montenegro) imports from Russian Federation worth US$ 1,566 million, with a partner share of 5.97 percent.
  5. Serbia, FR(Serbia/Montenegro) imports from Hungary worth US$ 1,303 million, with a partner share of 4.97 percent.

Serbia, FR(Serbia/Montenegro) Top 5 Productsexports imports at HS 6 digit level 2020

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 US$ 1,161,496.06 million.
  2. Serbia, FR(Serbia/Montenegro) exported Maize (excl. seed) , worth US$ 621,517.61 million.
  3. Serbia, FR(Serbia/Montenegro) exported New pneumatic tyres, of rubber of a kind used o , worth US$ 494,878.60 million.
  4. Serbia, FR(Serbia/Montenegro) exported Raspberries, blackberries...etc, frozen , worth US$ 342,849.75 million.
  5. Serbia, FR(Serbia/Montenegro) exported Copper cathodes and sections of cathodes unwrou , worth US$ 336,159.98 million.

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 Other medicaments of mixed or unmixed products, , worth US$ 1,000,608.07 million.
  2. Serbia, FR(Serbia/Montenegro) imported Petroleum oils and oils obtained from bituminou , worth US$ 839,069.94 million.
  3. Serbia, FR(Serbia/Montenegro) imported Natural gas in gaseous state , worth US$ 462,524.22 million.
  4. Serbia, FR(Serbia/Montenegro) imported Transmission apparatus, for radioteleph incorpo , worth US$ 451,651.83 million.
  5. Serbia, FR(Serbia/Montenegro) imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 328,598.28 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Serbia, FR(Serbia/Montenegro) in 2020 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 2020

Key Development Indicators of Serbia, FR(Serbia/Montenegro) in 2020 are below

  • Serbia, FR(Serbia/Montenegro) GDP in current US dollar was 52,960 million.
  • GNI per capita, Atlas method (current US$) was 7,400.00 .
  • Serbia, FR(Serbia/Montenegro) Trade balance: as % of GDP was -8.90.
  • Trade balance in current US$ was -4,715.00 million.
  • Trade as percentage of GDP was 104.88 .
  • Trade in services as percentage of GDP was 24.31 .

Trade Indicators 2020

Trade Indicators for Serbia, FR(Serbia/Montenegro) in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.04.
  • Index of export market penetration was 7.33.
  • World Growth in percentage was -3.91 and Serbia, FR(Serbia/Montenegro) Country Growth was -0.24 .