Serbia (SRB) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Serbia-Malaysia Trade: In 2022, Serbia exported $9.43M to Malaysia. The main products that Serbia exported to Malaysia were Copper Ore ($2.93M), Electric Motors ($987k), and Washing and Bottling Machines ($931k). Over the past 5 years the exports of Serbia to Malaysia have increased at an annualized rate of 40.7%, from $1.71M in 2017 to $9.43M in 2022.

In 2019, Serbia exported services to Malaysia worth $1.12M, with Computer and information services ($1.12M) being the largest in terms of value.

Malaysia-Serbia Trade: In 2022, Malaysia exported $74.5M to Serbia. The main products that Malaysia exported to Serbia were Palm Oil ($10.1M), Semiconductor Devices ($9.97M), and Rubber ($7.7M). Over the past 5 years the exports of Malaysia to Serbia have increased at an annualized rate of 21.8%, from $27.7M in 2017 to $74.5M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Serbia exported $9.43M to Malaysia. The main products exported from Serbia to Malaysia were Copper Ore ($2.93M), Electric Motors ($987k), and Washing and Bottling Machines ($931k). During the last 5 years the exports of Serbia to Malaysia have increased at an annualized rate of 40.7%, from $1.71M in 2017 to $9.43M in 2022.

In 2017, Malaysia exported $74.5M to Serbia. The main products exported from Malaysia to Serbia were Palm Oil ($10.1M), Semiconductor Devices ($9.97M), and Rubber ($7.7M). During the last 5 years the exports of Malaysia to Serbia have increased at an annualized rate of 21.8%, from $27.7M in 2022 to $74.5M in 2017.

Exports from Serbia () to Malaysia () (2022)

Exports from Malaysia () to Serbia () (2022)

Latest Data

Trade between Serbia () and Malaysia ()

Serbia Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Serbia
Top DestinationGermany$4B

Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Serbia than Malaysia included Bosnia and Herzegovina ($2.14B), Croatia ($1.25B), and Montenegro ($1.15B).

In 2022, countries that imported more from Malaysia than Serbia included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

Difference in imports from Malaysia () and Serbia () (2022)

Comparative Advantage Serbia - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Serbia had a large net trade with Malaysia in the exports of Mineral Products ($2.96M), Machines ($2.7M), and Plastics and Rubbers ($988k).

During 2017, Malaysia had a large net trade with Serbia in the exports of Machines ($31.3M), Animal and Vegetable Bi-Products ($13.1M), and Plastics and Rubbers ($10.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Serbia Malaysia+$3.69MCopper Ore

Top Product Potential Malaysia Serbia+$10.1MIntegrated Circuits

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Serbia () to Malaysia () (2022)

Exports from Malaysia () to Serbia () (2022)

Latest Data

Trade between Serbia () and Malaysia ()

Serbia Exports

Malaysia Exports

Market Competitiveness

Difference in imports from Malaysia () and Serbia () (2022)

Comparative Advantage Serbia - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Serbia () and Malaysia () (2022)

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