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ExportsSerbia-Hungary Trade: In 2023, Serbia exported $2.26B to Hungary. The main products that Serbia exported to Hungary were Electricity ($657M), Insulated Wire ($443M), and Integrated Circuits ($90.6M). Over the past 5 years the exports of Serbia to Hungary have increased at an annualized rate of 16%, from $1.08B in 2018 to $2.26B in 2023.
In 2019, Serbia exported services to Hungary worth $143M, with Transportation ($62.7M), Other business services ($45.9M), and Travel ($19M) being the largest in terms of value.
Hungary-Serbia Trade: In 2023, Hungary exported $1.83B to Serbia. The main products that Hungary exported to Serbia were Petroleum Gas ($168M), Refined Petroleum ($166M), and Electricity ($149M). Over the past 5 years the exports of Hungary to Serbia have increased at an annualized rate of 5.34%, from $1.41B in 2018 to $1.83B in 2023.
In 2023, Hungary did not export any services to Serbia.
Comparison: In 2023, Serbia ranked 35 in the Economic Complexity Index (ECI 0.76), and 69 in total exports ($32.6B). That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).
