2022
Flag  
GDP
$10.9BCURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 35 / 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 
$1,607CURRENT US$
Rnk 153 / 186
2012-2022
Flag
GDP PC GROWTH
36.4%CURRENT US$
Rnk 56 / 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

Kyrgyzstan-Serbia Trade: In 2022, Kyrgyzstan exported $12.9M to Serbia. The main products that Kyrgyzstan exported to Serbia were Dried Legumes ($9.4M), Coal Briquettes ($3.02M), and Other Nuts ($163k). Over the past 5 years the exports of Kyrgyzstan to Serbia have increased at an annualized rate of 16.8%, from $5.93M in 2017 to $12.9M in 2022.

In 2009, Kyrgyzstan exported services to Serbia worth $0, with being the largest in terms of value.

Serbia-Kyrgyzstan Trade: In 2022, Serbia exported $13.2M to Kyrgyzstan. The main products that Serbia exported to Kyrgyzstan were Cellulose Fibers Paper ($2.48M), Nonaqueous Paints ($1.69M), and Plastic Pipes ($1.06M). Over the past 5 years the exports of Serbia to Kyrgyzstan have decreased at an annualized rate of 0.38%,  from $13.5M in 2017 to $13.2M in 2022.

In 2009, Serbia exported services to Kyrgyzstan worth $71.5k, with Personal, cultural, and recreational services ($38.5k), Workers' remittances ($21.9k), and Other business services ($8.96k) being the largest in terms of value.

Comparison: In 2022,  Kyrgyzstan ranked 70 in the Economic Complexity Index (ECI -0.12), and 141 in total exports ($2.5B). 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, Kyrgyzstan exported $12.9M to Serbia. The main products exported from Kyrgyzstan to Serbia were Dried Legumes ($9.4M), Coal Briquettes ($3.02M), and Other Nuts ($163k). During the last 5 years the exports of Kyrgyzstan to Serbia have increased at an annualized rate of 16.8%, from $5.93M in 2017 to $12.9M in 2022.

In 2017, Serbia exported $13.2M to Kyrgyzstan. The main products exported from Serbia to Kyrgyzstan were Cellulose Fibers Paper ($2.48M), Nonaqueous Paints ($1.69M), and Plastic Pipes ($1.06M). During the last 5 years the exports of Serbia to Kyrgyzstan have decreased at an annualized rate of 0.38%, from $13.5M in 2022 to $13.2M in 2017.

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

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

Latest Data

Trade between Kyrgyzstan (Flag) and Serbia (Flag)

Kyrgyzstan Exports

Serbia Exports

Market Competitiveness

Color
Kyrgyzstan
Top Destination
Russia$1.07B
Serbia
Top Destination
Germany$4B

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

In 2022, countries that imported more from Kyrgyzstan than Serbia included Kazakhstan ($445M), Uzbekistan ($240M), and Afghanistan ($21.6M).

In 2022, countries that imported more from Serbia than Kyrgyzstan included Germany ($4B), Bosnia and Herzegovina ($2.14B), and Italy ($2.1B).

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

Comparative Advantage Kyrgyzstan - Serbia

Flow
Scale

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

During 2022, Kyrgyzstan had a large net trade with Serbia in the exports of Vegetable Products ($9.66M), Mineral Products ($3.12M), and Animal Products ($68k).

During 2017, Serbia had a large net trade with Kyrgyzstan in the exports of Machines ($3.29M), Chemical Products ($3.08M), and Paper Goods ($2.48M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kyrgyzstan Serbia+$322kRefined Petroleum
Top Product Potential Serbia Kyrgyzstan+$275kPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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