Iran / Serbia

Iran-Serbia Trade: In 2023, Iran exported $39.7M to Serbia. The main products that Iran exported to Serbia were Styrene Polymers ($17.1M), Gas Turbines ($4.96M), and Ethylene Polymers ($3.6M). Over the past 5 years the exports of Iran to Serbia have increased at an annualized rate of 0.18%, from $39.4M in 2018 to $39.7M in 2023.

In 2023, Iran did not export any services to Serbia.

Serbia-Iran Trade: In 2023, Serbia exported $5.54M to Iran. The main products that Serbia exported to Iran were Industrial Food Preperation Machinery ($1.2M), Other Engines ($727k), and X-Ray Equipment ($543k). Over the past 5 years the exports of Serbia to Iran have decreased at an annualized rate of 23.4%,  from $21M in 2018 to $5.54M in 2023.

In 2009, Serbia exported services to Iran worth $138k, with Compensation of employees ($113k), Workers' remittances ($49.4k), and Personal, cultural, and recreational services ($25.2k) being the largest in terms of value.

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). That same year, Serbia ranked 35 in the Economic Complexity Index (ECI 0.76), and 69 in total exports ($32.6B).