Serbia / Belarus

Serbia-Belarus Trade: In 2022, Serbia exported $75.6M to Belarus. The main products that Serbia exported to Belarus were Rubber Tires ($18.2M), Nonaqueous Paints ($5.62M), and Polyacetals ($5.37M). Over the past 5 years the exports of Serbia to Belarus have increased at an annualized rate of 6.11%, from $56.2M in 2017 to $75.6M in 2022.

In 2009, Serbia exported services to Belarus worth $972k, with Workers' remittances ($436k), Personal, cultural, and recreational services ($285k), and Compensation of employees ($244k) being the largest in terms of value.

Belarus-Serbia Trade: In 2022, Belarus exported $99.8M to Serbia. The main products that Belarus exported to Serbia were Sulfate Chemical Woodpulp ($36.1M), Tractors ($9.57M), and Broadcasting Equipment ($6.26M). Over the past 5 years the exports of Belarus to Serbia have decreased at an annualized rate of 8.24%,  from $153M in 2017 to $99.8M in 2022.

In 2014, Belarus exported services to Serbia worth $4.78M, with Computer and information services ($4.71M), Government services, n.i.e. ($60.4k), and Insurance services ($9.23k) being the largest in terms of value.

Comparison: In 2022,  Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).