Trade Profiles
2021 Trade in commercial services
Transport
Travel Other commercial services
Industrial property
Merchandise trade Agricultural products Nonagricultural products
Serbia
Serbia
GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)
52 960 7 426 -4.3 4 011 54.0
Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade
Exports
69 49 63 39
Imports
66 45 69 47
MERCHANDISE TRADE Value
Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.
Annual percentage change
2020 19 498 26 233 2020 0.11
Share in world total exports (%)
2010-2020 7 5
2019 2 3
2020 -1 -2 2020 0.15
Share in world total imports (%)
Breakdown in economy's total exports
Breakdown in economy's total imports
By main commodity group, % (2019)
By main commodity group, % (2019)
Agricultural products: 19.3
Fuels and mining products: 8.4
Agricultural products: 9
Fuels and mining products: 16.8
Manufactures: 70.3
Other: 2
Manufactures: 63.3
Other: 10.9
By main destination, % (2020)
By main origin, % (2020)
European Union: 64.9 Russian Federation: 4.7 North Macedonia: 3.8
Bosnia and Herzegovina: 7.1 Montenegro: 4 Other: 15.5
European Union: 58.8 Russian Federation: 6 Bosnia and Herzegovina: 2.3
China: 12.5 Turkey: 4.4 Other: 16
Agricultural Products Value
Top exported products (Million US$) HS1005 HS0811 HS2402 HS2403 HS2309
2020 . 665 478 214 213 191
Maize (corn) Fruit and nuts, uncooked or cooked Cigars, cheroots, cigarillos Other manufactured tobacco Preparations of a kind used in animal feeding
Value
Top imported products (Million US$) HS2106 HS1806 HS2401 HS0805 HS1905
2020
Other food preparations Chocolate and other cocoa food Unmanufactured tobacco Citrus fruit, fresh or dried Bread, pastry, other bakers' wares
121 103 102 94 88
Share in economy's trade in agricultural products Exports 0%
10%
Imports 20%
0%
HS1005
HS2106
HS0811
HS1806
HS2402
HS2401
HS2403
HS0805
HS2309
HS1905
2%
4%
6%
Million US$ Exports Imports
Value
2020 4 158 2 243
Annual percentage change
2010-2020 6 9
2019 8 3
2020 14 11
Non-Agricultural Products Value
Top exported products (Million US$) HS8544 HS4011 HS8501 HS8703 HS7403
2020
Insulated electric conductors New pneumatic tyres, of rubber Electric motors and generators Motor cars for transport of persons Refined copper and copper alloys
1 413 675 495 440 345
Value
Top imported products (Million US$) HS3004 HS2709 HS2711 HS8703 HS8525
2020
Medicaments in measured doses Petroleum oils, crude Petroleum gases Motor cars for transport of persons Radio-telephony transmission tools
1 077 839 507 470 466
Share in economy's trade in non-agricultural products Exports 0%
318
5%
Imports 10%
0%
HS8544
HS3004
HS4011
HS2709
HS8501
HS2711
HS8703
HS8703
HS7403
HS8525
2%
4%
6%
Million US$ Exports Imports
Value
2020 15 052 20 751
Annual percentage change
2010-2020 7 5
2019 1 4
2020 -4 -5
World Trade Organization – Trade Profiles 2021
Serbia TRADE IN COMMERCIAL SERVICES Value
Million US$ Commercial services exports Commercial services imports
Annual percentage change
2020
2010-2020
7 042 5 758 2020 0.14
Share in world total exports (%) Breakdown in economy's total exports
2019
2020
9 11
-9 -12
7 5
2020 0.13
Share in world total imports (%) Breakdown in economy's total imports
By main services item, % (2020)
By main services item, % (2020)
Transport: 16.1 Other commercial services: 61.3
Travel: 17.7 Goods-related services: 4.9
Transport: 24.1 Other commercial services: 54.4
By main destination, % (2020)
Travel: 19.4 Goods-related services: 2.1
By main origin, % (2020)
European Union: 51.5 United Kingdom: 8.5 Russian Federation: 3.2
United States of America: 11.3 Switzerland: 6.7 Other: 18.6
European Union: 57.9 Switzerland: 4.6 United States of America: 3.3
Value
FATS sales Inward (million US$) Outward (million US$)
United Kingdom: 5.5 Russian Federation: 4 Other: 24.7
Annual percentage change
2019 4 955 na
2010-2019 na na
2018 21 na
2019 8 na
Transport Serbia
200
World
100 0
2010
2013
2016
Value
Million US$ Exports Imports
2020
Transport exports (Index 2010=100)
2020 1 132 1 389
Exports By sea (2020) By air (2020) By other (2020)
Value 45 222 854
2010-2020 4 3
Share (%)
Annual percentage change 2019 3 9
Imports By sea (2020) By air (2020) By other (2020)
3.9 19.6 75.4
2020 -24 -16
Value
Share (%)
130 190 1 058
9.4 13.7 76.2
Travel Serbia
300
World
Value
Million US$ Exports Imports
200 100 0
2010
2013
2016
2020 1 245 1 115
2010-2020 5 2
Annual percentage change 2019 4 10
2020 -22 -38
2020
Travel exports (Index 2010=100)
Other Commercial Services and Goods-related Services Million US$
Exports of OCS by main item (2020) 5.7
46.5 38.1
2020
2010-2020
Other commercial services Exports 4 319 Imports 3 132
Other business services ICTs
9.7
Value
Construction
10 8
2020
Goods-related services Exports Imports
Other
Annual percentage change
2010-2020
346 123
4 6
2019
2020
14 12
2 6
2019
2020
1 27
-14 -29
INDUSTRIAL PROPERTY Patent applications, 2019 Residents
168
Trademark applications, 2019
Non-residents
9
Total
177
World Trade Organization – Trade Profiles 2021
Residents
1 298
Non-residents
4 795
Industrial design applications, 2019 Total
6 093
Residents
78
Non-residents
302
Total
380
319