Serbia (SRB)

Annual exports and imports in 2024 (USD).

Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.

Exports

$33.04B

Imports

$42.25B

Total trade

$75.28B

Trade balance

-$9.21B

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Serbia - trade dependency by partner, 2024 (USD)

Share of exports, imports, and total trade attributed to each partner.

Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade

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Showing top 10 partners by total dependency.

Rank #1

Germany (DEU)

Total

14.1%

Exports

15.5%

$5.12B

Imports

13.1%

$5.53B

Total

14.1%

$10.65B

Rank #2

China (CHN)

Total

10.0%

Exports

5.9%

$1.95B

Imports

13.1%

$5.55B

Total

10.0%

$7.50B

Rank #3

Italy (ITA)

Total

6.5%

Exports

5.7%

$1.88B

Imports

7.1%

$3.00B

Total

6.5%

$4.88B

Rank #4

Türkiye (TUR)

Total

4.5%

Exports

3.4%

$1.13B

Imports

5.3%

$2.25B

Total

4.5%

$3.38B

Rank #5

Hungary (HUN)

Total

4.5%

Exports

4.7%

$1.54B

Imports

4.3%

$1.81B

Total

4.5%

$3.36B

Rank #6

Bosnia Herzegovina (BIH)

Total

4.2%

Exports

6.4%

$2.10B

Imports

2.5%

$1.04B

Total

4.2%

$3.15B

Rank #7

Romania (ROU)

Total

3.4%

Exports

4.6%

$1.52B

Imports

2.4%

$1.03B

Total

3.4%

$2.55B

Rank #8

Poland (POL)

Total

3.3%

Exports

3.0%

$979.93M

Imports

3.5%

$1.49B

Total

3.3%

$2.47B

Rank #9

Czechia (CZE)

Total

3.2%

Exports

4.1%

$1.34B

Imports

2.5%

$1.06B

Total

3.2%

$2.40B

Rank #10

Russian Federation (RUS)

Total

3.1%

Exports

2.9%

$962.12M

Imports

3.3%

$1.39B

Total

3.1%

$2.35B

Rank	Partner	Export dependency	Import dependency	Total dependency
1	Germany (DEU)	15.5% $5.12B	13.1% $5.53B	14.1% $10.65B
2	China (CHN)	5.9% $1.95B	13.1% $5.55B	10.0% $7.50B
3	Italy (ITA)	5.7% $1.88B	7.1% $3.00B	6.5% $4.88B
4	Türkiye (TUR)	3.4% $1.13B	5.3% $2.25B	4.5% $3.38B
5	Hungary (HUN)	4.7% $1.54B	4.3% $1.81B	4.5% $3.36B
6	Bosnia Herzegovina (BIH)	6.4% $2.10B	2.5% $1.04B	4.2% $3.15B
7	Romania (ROU)	4.6% $1.52B	2.4% $1.03B	3.4% $2.55B
8	Poland (POL)	3.0% $979.93M	3.5% $1.49B	3.3% $2.47B
9	Czechia (CZE)	4.1% $1.34B	2.5% $1.06B	3.2% $2.40B
10	Russian Federation (RUS)	2.9% $962.12M	3.3% $1.39B	3.1% $2.35B

Generated by TradeVedia.comSource: UN Comtrade

Serbia's total trade in 2024 reached $75.3B, consisting of $33.0B in exports and $42.2B in imports, resulting in a trade deficit of -$9.2B.
The country ranked 57th worldwide for total trade, 57th for exports, and 55th for imports.
Germany was Serbia's top export destination, receiving goods worth $5.1B (15.5% of total exports).
China was the leading source of imports, accounting for $5.6B (13.1%) of total imports.
The top export product was Electrical machinery and equipment (HS2 85), valued at $5.3B.
The most significant import category was Commodities not specified according to kind (HS2 99) at $5.3B, followed by Mineral fuels (HS2 27) at $4.9B.

Serbia's International Trade in 2024

In 2024, Serbia's economy engaged in $75.3B of total trade, ranking it 57th globally. Exports amounted to $33.0B, while imports stood at $42.2B, creating a trade balance of -$9.2B. The country's primary export partner was Germany, with an export value of $5.1B. On the import side, China was the largest contributor, with goods valued at $5.6B, closely followed by Germany at $5.5B.

Top Products: Exports and Imports

Serbia's export profile is led by Electrical machinery and equipment (HS2 85), which accounted for $5.3B or 16.0% of the total. Following this, Machinery and mechanical appliances (HS2 84) contributed $2.7B. The leading import categories included Commodities not specified according to kind (HS2 99) at $5.3B and Mineral fuels (HS2 27), which amounted to $4.9B of the total import value.

Exports

Serbia - exports over time (Exports), 2015-2024 (USD)

Annual reported export values across available years.

Flow: Exports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Top export categories

Largest HS2 categories by export value in the selected year.

#1 • HS 85

Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles

$5.30B

16.0% share

#2 • HS 84

Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof

$2.74B

8.3% share

#3 • HS 26

Ores, slag and ash

$1.76B

5.3% share

#4 • HS 74

Copper and articles thereof

$1.71B

5.2% share

#5 • HS 40

Rubber and articles thereof

$1.52B

4.6% share

#6 • HS 87

Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof

$1.40B

4.2% share

#7 • HS 39

Plastics and articles thereof

$1.35B

4.1% share

#8 • HS 27

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

$1.26B

3.8% share

#9 • HS 94

Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.c.; illuminated signs, illuminated name-plates and the like; prefabricated buildings

$1.03B

3.1% share

#10 • HS 08

Fruit and nuts, edible; peel of citrus fruit or melons

$808.80M

2.4% share

#11 • HS 73

Iron or steel articles

$762.71M

2.3% share

#12 • HS 10

Cereals

$760.16M

2.3% share

#13 • HS 72

Iron and steel

$731.56M

2.2% share

#14 • HS 76

Aluminium and articles thereof

$695.38M

2.1% share

#15 • HS 48

Paper and paperboard; articles of paper pulp, of paper or paperboard

$693.26M

2.1% share

Rank	Category	Value	Share
1	Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles	$5.30B	16.0%
2	Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof	$2.74B	8.3%
3	Ores, slag and ash	$1.76B	5.3%
4	Copper and articles thereof	$1.71B	5.2%
5	Rubber and articles thereof	$1.52B	4.6%
6	Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof	$1.40B	4.2%
7	Plastics and articles thereof	$1.35B	4.1%
8	Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	$1.26B	3.8%
9	Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.c.; illuminated signs, illuminated name-plates and the like; prefabricated buildings	$1.03B	3.1%
10	Fruit and nuts, edible; peel of citrus fruit or melons	$808.80M	2.4%
11	Iron or steel articles	$762.71M	2.3%
12	Cereals	$760.16M	2.3%
13	Iron and steel	$731.56M	2.2%
14	Aluminium and articles thereof	$695.38M	2.1%
15	Paper and paperboard; articles of paper pulp, of paper or paperboard	$693.26M	2.1%

Labels hide HS codes by default — hover a category to reveal the code.

Serbia - export composition by product categories (Exports), 2024 (USD)

Largest product categories by export value in the selected year.

Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Serbia - export composition by 4-digit product groups (Exports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.

Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Imports

Serbia - imports over time (Imports), 2015-2024 (USD)

Annual reported import values across available years.

Flow: Imports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Top import categories

Largest HS2 categories by import value in the selected year.

#1 • HS 99

Commodities not specified according to kind

$5.31B

12.6% share

#2 • HS 27

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

$4.91B

11.6% share

#3 • HS 85

Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles

$4.04B

9.6% share

#4 • HS 84

Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof

$3.84B

9.1% share

#5 • HS 39

Plastics and articles thereof

$2.20B

5.2% share

#6 • HS 87

Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof

$2.06B

4.9% share

#7 • HS 30

Pharmaceutical products

$1.70B

4.0% share

#8 • HS 73

Iron or steel articles

$1.05B

2.5% share

#9 • HS 72

Iron and steel

$964.32M

2.3% share

#10 • HS 76

Aluminium and articles thereof

$955.40M

2.3% share

#11 • HS 48

Paper and paperboard; articles of paper pulp, of paper or paperboard

$748.20M

1.8% share

#12 • HS 40

Rubber and articles thereof

$713.66M

1.7% share

#13 • HS 90

Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories

$619.53M

1.5% share

#14 • HS 74

Copper and articles thereof

$606.69M

1.4% share

#15 • HS 26

Ores, slag and ash

$498.57M

1.2% share

Rank	Category	Value	Share
1	Commodities not specified according to kind	$5.31B	12.6%
2	Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	$4.91B	11.6%
3	Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles	$4.04B	9.6%
4	Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof	$3.84B	9.1%
5	Plastics and articles thereof	$2.20B	5.2%
6	Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof	$2.06B	4.9%
7	Pharmaceutical products	$1.70B	4.0%
8	Iron or steel articles	$1.05B	2.5%
9	Iron and steel	$964.32M	2.3%
10	Aluminium and articles thereof	$955.40M	2.3%
11	Paper and paperboard; articles of paper pulp, of paper or paperboard	$748.20M	1.8%
12	Rubber and articles thereof	$713.66M	1.7%
13	Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories	$619.53M	1.5%
14	Copper and articles thereof	$606.69M	1.4%
15	Ores, slag and ash	$498.57M	1.2%

Labels hide HS codes by default — hover a category to reveal the code.

Serbia - import composition by product categories (Imports), 2024 (USD)

Largest product categories by import value in the selected year.

Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Serbia - import composition by 4-digit product groups (Imports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.

Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade