China / Serbia

Overview In February 2024, China exported $217M and imported $102M from Serbia, resulting in a positive trade balance of $115M. Between February 2023 and February 2024 the exports of China have increased by $96.5M (80%) from $121M to $217M, while imports decreased by $-34.5M (-25.2%) from $137M to $102M.

Trade In February 2024, the top exports of China to Serbia were Air Pumps ($14.5M), Telephones ($8.74M), Machinery Having Individual Functions ($8.44M), Air Conditioners ($6.35M), and Metal Molds ($6.17M). In February 2024 the top imports of China from Serbia were Copper Ore ($105M), Electric Motors ($9.27M), Precious Metal Ore ($4.77M), Sawn Wood ($2.05M), and Low-voltage Protection Equipment ($1.98M).

Origins In February 2024 the exports of China were mainly from Zhejiang Province ($38.1M), Shandong Province ($38M), Guangdong Province ($29.7M), Jiangsu Province ($26.6M), and Fujian Province ($18.6M), while imports destinations were mainly Guangxi Zhuang Autonomous Region ($27M), Anhui Province ($23.8M), Fujian Province ($18M), Shandong Province ($9.05M), and Jiangsu Province ($7.23M).

Growth In February 2024, the increase in China's year-by-year exports to Serbia was explained primarily by an increase in product exports in Air Pumps ($8.21M or 130%), Machinery Having Individual Functions ($4.93M or 140%), and Metal Molds ($4.79M or 347%). In February 2024, the decrease in China's year-by-year imports  from Serbia was explained primarily by an decrease in product imports  in Precious Metal Ore ($-5.17M or -52.1%), Rough Wood ($-2.45M or -90.2%), and Pulley Systems ($-2.18M or -99.9%).