Indonesia-Serbia Trade: In 2022, Indonesia exported $71.2M to Serbia. The main products that Indonesia exported to Serbia were Lignite ($15.3M), Raw Tin ($12.4M), and Rubber ($7.99M). Over the past 5 years the exports of Indonesia to Serbia have increased at an annualized rate of 16.3%, from $33.5M in 2017 to $71.2M in 2022.
In 2022, Indonesia did not export any services to Serbia.
Serbia-Indonesia Trade: In 2022, Serbia exported $4.39M to Indonesia. The main products that Serbia exported to Indonesia were Other Edible Preparations ($1.59M), Pulley Systems ($732k), and Liquid Pumps ($434k). Over the past 5 years the exports of Serbia to Indonesia have decreased at an annualized rate of 20%, from $13.4M in 2017 to $4.39M in 2022.
In 2009, Serbia exported services to Indonesia worth $2.1M, with Other business services ($1.37M), Compensation of employees ($227k), and Workers' remittances ($190k) being the largest in terms of value.
Comparison: In 2022, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). That same year, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).