2023
Flag  
GDP
$646BCURRENT US$
Rnk 22 / 195
2013-2023
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GDP GROWTH
17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP
$81.3BCURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP GROWTH
61.2%CURRENT US$
Rnk 53 / 195
2023
Flag
GDP PC 
$14,187CURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP PC GROWTH
9.44%CURRENT US$
Rnk 135 / 195
2023
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GDP PC
$12,282CURRENT US$
Rnk 82 / 196
2013-2023
Flag
GDP PC GROWTH
74.4%CURRENT US$
Rnk 20 / 195

About

Argentina-Serbia Trade: In 2023, Argentina exported $9.19M to Serbia. The main products that Argentina exported to Serbia were Ground Nuts ($1.46M), Non-fillet Frozen Fish ($1.26M), and Fish Fillets ($1.15M). Over the past 5 years the exports of Argentina to Serbia have decreased at an annualized rate of 10.8%, from $16.2M in 2018 to $9.19M in 2023.

In 2023, Argentina did not export any services to Serbia.

Serbia-Argentina Trade: In 2023, Serbia exported $29.3M to Argentina. The main products that Serbia exported to Argentina were Mixed Mineral or Chemical Fertilizers ($13.5M), Frozen Fruits and Nuts ($6.1M), and Medical Instruments ($1.62M). Over the past 5 years the exports of Serbia to Argentina have increased at an annualized rate of 28%,  from $8.54M in 2018 to $29.3M in 2023.

In 2019, Serbia exported services to Argentina worth $1.12M, with Travel ($1.12M) being the largest in terms of value.

Comparison: In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). That same year, Serbia ranked 35 in the Economic Complexity Index (ECI 0.76), and 69 in total exports ($32.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Argentina exported $9.19M to Serbia. The main products exported from Argentina to Serbia were Ground Nuts ($1.46M), Non-fillet Frozen Fish ($1.26M), and Fish Fillets ($1.15M). During the last 5 years the exports of Argentina to Serbia have decreased at an annualized rate of 10.8%, from $16.2M in 2018 to $9.19M in 2023.

In 2018, Serbia exported $29.3M to Argentina. The main products exported from Serbia to Argentina were Mixed Mineral or Chemical Fertilizers ($13.5M), Frozen Fruits and Nuts ($6.1M), and Medical Instruments ($1.62M). During the last 5 years the exports of Serbia to Argentina have increased at an annualized rate of 28%, from $8.54M in 2023 to $29.3M in 2018.

Exports from Argentina (Flag) to Serbia (Flag) (2023)

Exports from Serbia (Flag) to Argentina (Flag) (2023)

Latest Data

Trade between Argentina (Flag) and Serbia (Flag)

Argentina Exports

Serbia Exports

Market Competitiveness

Color
Argentina
Top Destination
Brazil$12.1B
Serbia
Top Destination
Germany$4.76B

This map shows whether countries import more from Argentina or Serbia. Each country is colored based on the difference in imports they receive from Argentina and Serbia or the difference in the growth in imports.

In 2023, countries that imported more from Argentina than Serbia included Brazil ($12.1B), Chile ($5.57B), and United States ($6.27B).

In 2023, countries that imported more from Serbia than Argentina included Germany ($4.76B), Hungary ($2.26B), and Bosnia and Herzegovina ($1.77B).

Difference in imports from Serbia (Flag) and Argentina (Flag) (2023)

Comparative Advantage Argentina - Serbia

Flow
Scale

This chart compares trade between Argentina and Serbia by product, considering products traded by both, Argentina and Serbia.

During 2023, Argentina had a large net trade with Serbia in the exports of N/A.

During 2018, Serbia had a large net trade with Argentina in the exports of Chemical Products ($13.7M), Vegetable Products ($6.1M), and Machines ($5.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Serbia+$489kDried Legumes
Top Product Potential Serbia Argentina+$2.27MRubber Tires

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2019, Serbia exported services to Argentina worth $1.12M, with Travel ($1.12M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Serbia (Flag) to Argentina (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Argentina and Serbia. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Serbia. Similarly, a dot/product with the flag of Serbia indicates it has a comparative advantage over Argentina.

Product Space of Argentina (Flag) and Serbia (Flag) (2023)

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