2022
Flag  
GDP
$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP GROWTH
46.6%CURRENT US$
Rnk 71 / 186
2022
Flag
 GDP
$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH
3.7%CURRENT US$
Rnk 157 / 186
2022
Flag
GDP PC 
$9,394CURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP PC GROWTH
56.1%CURRENT US$
Rnk 32 / 186
2022
Flag
GDP PC
$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH
0.23%CURRENT US$
Rnk 137 / 186

About

Serbia-France Trade: In 2022, Serbia exported $844M to France. The main products that Serbia exported to France were Rubber Tires ($82.8M), Motor vehicles; parts and accessories (8701 to 8705) ($60.6M), and Frozen Fruits and Nuts ($54.1M). Over the past 5 years the exports of Serbia to France have increased at an annualized rate of 10.4%, from $514M in 2017 to $844M in 2022.

In 2019, Serbia exported services to France worth $166M, with Other business services ($53.7M), Computer and information services ($39.2M), and Travel ($28M) being the largest in terms of value.

France-Serbia Trade: In 2022, France exported $988M to Serbia. The main products that France exported to Serbia were Cars ($125M), Packaged Medicaments ($96.8M), and Planes, Helicopters, and/or Spacecraft ($64.5M). Over the past 5 years the exports of France to Serbia have increased at an annualized rate of 8.1%,  from $530M in 2017 to $988M in 2022.

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

Comparison: In 2022,  Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B). That same year, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Serbia exported $844M to France. The main products exported from Serbia to France were Rubber Tires ($82.8M), Motor vehicles; parts and accessories (8701 to 8705) ($60.6M), and Frozen Fruits and Nuts ($54.1M). During the last 5 years the exports of Serbia to France have increased at an annualized rate of 10.4%, from $514M in 2017 to $844M in 2022.

In 2017, France exported $988M to Serbia. The main products exported from France to Serbia were Cars ($125M), Packaged Medicaments ($96.8M), and Planes, Helicopters, and/or Spacecraft ($64.5M). During the last 5 years the exports of France to Serbia have increased at an annualized rate of 8.1%, from $530M in 2022 to $988M in 2017.

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

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

Latest Data

Trade between Serbia (Flag) and France (Flag)

Serbia Exports

France Exports

Market Competitiveness

Color
Serbia
Top Destination
Germany$4B
France
Top Destination
Germany$78.3B

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

In 2022, countries that imported more from Serbia than France included Bosnia and Herzegovina ($2.14B), Montenegro ($1.15B), and North Macedonia ($1.03B).

In 2022, countries that imported more from France than Serbia included Germany ($78.3B), Italy ($56.4B), and United States ($50B).

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

Comparative Advantage Serbia - France

Flow
Scale

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

During 2022, Serbia had a large net trade with France in the exports of Plastics and Rubbers ($138M), Machines ($135M), and Metals ($112M).

During 2017, France had a large net trade with Serbia in the exports of Transportation ($264M), Chemical Products ($201M), and Machines ($180M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Serbia France+$38.8MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential France Serbia+$37.8MPackaged 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 Serbia and France. This means that a dot/product with the flag of Serbia indicates it has a comparative advantage over France. Similarly, a dot/product with the flag of France indicates it has a comparative advantage over Serbia.

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

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