India / Serbia

Overview In November 2024, India exported $5.84M and imported $2.28M from Serbia, resulting in a positive trade balance of $3.56M. Between November 2023 and November 2024 the exports of India have decreased by $-1.09M (-15.8%) from $6.93M to $5.84M, while imports decreased by $-1.11M (-32.8%) from $3.39M to $2.28M.

Trade In November 2024, the top exports of India to Serbia were Bulk Drugs, Drug Intermediates ($1.02M), Indl. Machnry For Dairy Etc ($600k), Electric Machinery And Equipme ($583k), Residul Chemicl And Alled Prod ($560k), and Drug Formulations, Biologicals ($456k). In November 2024 the top imports of India from Serbia were Fresh Fruits ($302k), Other Misc. Engineering Items ($165k), Electric Machinery And Equipme ($101k), Electronics Components ($86.9k), and Plywood And Allied Products ($49.6k).

Growth In November 2024, the decrease in India's year-by-year exports to Serbia was explained primarily by an decrease in product exports in Residul Chemicl And Alled Prod ($-651k or -53.8%), Products Of Iron And Steel ($-218k or -65.1%), and Electronics Components ($-161k or -90.6%). In November 2024, the decrease in India's year-by-year imports  from Serbia was explained primarily by an decrease in product imports  in Fresh Fruits ($-546k or -64.4%), Other Misc. Engineering Items ($-297k or -64.3%), and Other Commodities ($-104k or -98.3%).