2022
Flag  
GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 186
2022
Flag
 GDP
$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP GROWTH
46.6%CURRENT US$
Rnk 71 / 186
2022
Flag
GDP PC 
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC
$9,394CURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP PC GROWTH
56.1%CURRENT US$
Rnk 32 / 186

About

Greece-Serbia Trade: In 2022, Greece exported $342M to Serbia. The main products that Greece exported to Serbia were Aluminium Plating ($64.2M), Aluminium Bars ($28.3M), and Raw Aluminium ($27.9M). Over the past 5 years the exports of Greece to Serbia have increased at an annualized rate of 4.86%, from $269M in 2017 to $342M in 2022.

In 2022, Greece did not export any services to Serbia.

Serbia-Greece Trade: In 2022, Serbia exported $194M to Greece. The main products that Serbia exported to Greece were Paper Containers ($20.9M), Soybean Oil ($18.8M), and Rubber Tires ($11.9M). Over the past 5 years the exports of Serbia to Greece have increased at an annualized rate of 4.05%,  from $159M in 2017 to $194M in 2022.

In 2019, Serbia exported services to Greece worth $90.7M, with Transportation ($38.1M), Travel ($38.1M), and Other business services ($10.1M) being the largest in terms of value.

Comparison: In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greece exported $342M to Serbia. The main products exported from Greece to Serbia were Aluminium Plating ($64.2M), Aluminium Bars ($28.3M), and Raw Aluminium ($27.9M). During the last 5 years the exports of Greece to Serbia have increased at an annualized rate of 4.86%, from $269M in 2017 to $342M in 2022.

In 2017, Serbia exported $194M to Greece. The main products exported from Serbia to Greece were Paper Containers ($20.9M), Soybean Oil ($18.8M), and Rubber Tires ($11.9M). During the last 11 years the exports of Serbia to Greece have increased at an annualized rate of 4.05%, from $159M in 2006 to $194M in 2017.

Exports from Greece (Flag) to Serbia (Flag) (2022)

Exports from Serbia (Flag) to Greece (Flag) (2022)

Latest Data

Trade between Greece (Flag) and Serbia (Flag)

Greece Exports

Serbia Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
Serbia
Top Destination
Germany$4B

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

In 2022, countries that imported more from Greece than Serbia included Italy ($5.82B), Cyprus ($2.92B), and Bulgaria ($3.62B).

In 2022, countries that imported more from Serbia than Greece included Bosnia and Herzegovina ($2.14B), Hungary ($1.69B), and Russia ($1.19B).

Difference in imports from Serbia (Flag) and Greece (Flag) (2022)

Comparative Advantage Greece - Serbia

Flow
Scale

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

During 2022, Greece had a large net trade with Serbia in the exports of Metals ($200M), Vegetable Products ($61.5M), and Chemical Products ($61M).

During 2017, Serbia had a large net trade with Greece in the exports of Foodstuffs ($60.1M), Paper Goods ($51.5M), and Metals ($51.4M).

Service Trade

Bilateral Service Trade

In 2019, Serbia exported services to Greece worth $90.7M, with Transportation ($38.1M), Travel ($38.1M), and Other business services ($10.1M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Economic Complexity

Competitive Landscape

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

Product Space of Greece (Flag) and Serbia (Flag) (2022)

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