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Serbia, FR(Serbia/Montenegro) Trade Summary

2022

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) 2022

Overall Exports and Imports for Serbia, FR(Serbia/Montenegro) 2022

Exports and imports of Serbia, FR(Serbia/Montenegro) in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 29,060 million.
  • The total value of imports (CIF) was 41,144 million.
  • At the HS6 digit level, 3,894 products were exported to 174 countries and 4,295 products were imported from 206 countries.

Serbia, FR(Serbia/Montenegro) top 5 Export and Import partners 2022

Top five countries to which Serbia, FR(Serbia/Montenegro) exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Serbia, FR(Serbia/Montenegro) exports to Germany worth US$ 3,977 million, with a partner share of 13.69 percent.
  2. Serbia, FR(Serbia/Montenegro) exports to Bosnia and Herzegovina worth US$ 2,167 million, with a partner share of 7.46 percent.
  3. Serbia, FR(Serbia/Montenegro) exports to Italy worth US$ 2,103 million, with a partner share of 7.24 percent.
  4. Serbia, FR(Serbia/Montenegro) exports to Hungary worth US$ 1,579 million, with a partner share of 5.43 percent.
  5. Serbia, FR(Serbia/Montenegro) exports to Romania worth US$ 1,281 million, with a partner share of 4.41 percent.

Top five countries from which Serbia, FR(Serbia/Montenegro) imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Serbia, FR(Serbia/Montenegro) imports from China worth US$ 4,982 million, with a partner share of 12.11 percent.
  2. Serbia, FR(Serbia/Montenegro) imports from Germany worth US$ 4,692 million, with a partner share of 11.40 percent.
  3. Serbia, FR(Serbia/Montenegro) imports from Russian Federation worth US$ 3,084 million, with a partner share of 7.50 percent.
  4. Serbia, FR(Serbia/Montenegro) imports from Italy worth US$ 2,727 million, with a partner share of 6.63 percent.
  5. Serbia, FR(Serbia/Montenegro) imports from Hungary worth US$ 2,315 million, with a partner share of 5.63 percent.

Serbia, FR(Serbia/Montenegro) Top 5 Productsexports imports at HS 6 digit level 2022

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 Copper ores and concentrates , worth 1,767,686.88 (US$ Thousands).
  2. Serbia, FR(Serbia/Montenegro) exported Ignition wiring sets&oth wiring sets of a kind , worth 1,508,692.05 (US$ Thousands).
  3. Serbia, FR(Serbia/Montenegro) exported Electrical energy , worth 890,959.07 (US$ Thousands).
  4. Serbia, FR(Serbia/Montenegro) exported New pneumatic tyres, of rubber of a kind used o , worth 667,166.25 (US$ Thousands).
  5. Serbia, FR(Serbia/Montenegro) exported Petroleum oils, etc, (excl. crude); preparation , worth 588,403.82 (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 2,279,547.78 (US$ Thousands).
  2. Serbia, FR(Serbia/Montenegro) imported Natural gas in gaseous state , worth 1,772,395.01 (US$ Thousands).
  3. Serbia, FR(Serbia/Montenegro) imported Electrical energy , worth 1,673,115.62 (US$ Thousands).
  4. Serbia, FR(Serbia/Montenegro) imported Other medicaments of mixed or unmixed products, , worth 1,190,935.36 (US$ Thousands).
  5. Serbia, FR(Serbia/Montenegro) imported Petroleum oils, etc, (excl. crude); preparation , worth 797,433.32 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Serbia, FR(Serbia/Montenegro) in 2022 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 2022

Key Development Indicators of Serbia, FR(Serbia/Montenegro) in 2022 are below

  • Serbia, FR(Serbia/Montenegro) GDP in current US dollar was 63,502 million.
  • GNI per capita, Atlas method (current US$) was 9,140.00 .
  • Serbia, FR(Serbia/Montenegro) Trade balance: as % of GDP was -10.70.
  • Trade balance in current US$ was -6,793.00 million.
  • Trade as percentage of GDP was 137.64 .
  • Trade in services as percentage of GDP was 32.73 .

Trade Indicators 2022

Trade Indicators for Serbia, FR(Serbia/Montenegro) in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 8.03.
  • World Growth in percentage was 5.18 and Serbia, FR(Serbia/Montenegro) Country Growth was 5.70 .