2022
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GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
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2022
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 GDP
$63.5BCURRENT US$
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2012-2022
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GDP GROWTH
46.6%CURRENT US$
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2022
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GDP PC 
$104,039CURRENT US$
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2012-2022
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GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
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GDP PC
$9,394CURRENT US$
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2012-2022
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GDP PC GROWTH
56.1%CURRENT US$
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About

Ireland-Serbia In 2022, Ireland exported $144M to Serbia. The main products that Ireland exported to Serbia are Scented Mixtures ($34.5M), Packaged Medicaments ($28.9M), and Vaccines, blood, antisera, toxins and cultures ($14.7M). During the last 16 years the exports of Ireland to Serbia have increased at an annualized rate of 7.09%, from $48.1M in 2006 to $144M in 2022.

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

Serbia-Ireland In 2022, Serbia exported $42.1M to Ireland. The main products that Serbia exported to Ireland were Planes, Helicopters, and/or Spacecraft ($13M), Gas Turbines ($11M), and Packaged Medicaments ($4.54M). During the last 16 years the exports of Serbia to Ireland have increased at an annualized rate of 7%, from $14.3M in 2006 to $42.1M in 2022.

In 2019, Serbia exported services to Ireland worth $139M, with Other business services ($63.8M), Computer and information services ($48.1M), and Transportation ($19M) being the largest in terms of value.

Comparison In 2022,  Ireland ranked 16 in the Economic Complexity Index (ECI 1.28), and 31 in total exports ($236B). That same year, Serbia ranked 35 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, Ireland exported $144M to Serbia. The main products exported from Ireland to Serbia were Scented Mixtures ($34.5M), Packaged Medicaments ($28.9M), and Vaccines, blood, antisera, toxins and cultures ($14.7M). During the last 16 years the exports of Ireland to Serbia have increased at an annualized rate of 7.09%, from $48.1M in 2006 to $144M in 2022.

In 2022, Serbia exported $42.1M to Ireland. The main products exported from Serbia to Ireland were Planes, Helicopters, and/or Spacecraft ($13M), Gas Turbines ($11M), and Packaged Medicaments ($4.54M). During the last 16 years the exports of Serbia to Ireland have increased at an annualized rate of 7%, from $14.3M in 2006 to $42.1M in 2022.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Serbia
Top Destination
Germany$4B

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

In 2021, countries that imported more from Ireland than Serbia were United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2021, countries that imported more from Serbia than Ireland were Bosnia and Herzegovina ($2.14B), Montenegro ($1.15B), and Croatia ($1.25B).

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

Comparative Advantage Ireland - Serbia

Flow
Scale

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

During 2022, Ireland had a large net trade with Serbia in the exports of Chemical Products ($106M), Machines ($10.3M), and Instruments ($10.1M).

During 2022, Serbia had a large net trade with Ireland in the exports of Transportation ($13.6M), Machines ($12.5M), and Plastics and Rubbers ($6.45M).

Service Trade

Bilateral Service Trade

In 2019, Serbia exported services to Ireland worth $139M, with Other business services ($63.8M), Computer and information services ($48.1M), and Transportation ($19M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Ireland has comparative advantage over Serbia. Similarly, the more yellow a dot/product is, the more Serbia has comparative advantage over Ireland.

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

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