2023
Flag  
GDP
$81.3BCURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP GROWTH
61.2%CURRENT US$
Rnk 53 / 195
2023
Flag
 GDP
$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC 
$12,282CURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP PC GROWTH
74.4%CURRENT US$
Rnk 20 / 195
2023
Flag
GDP PC
$1,365CURRENT US$
Rnk 170 / 196
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 130 / 195

About

Serbia-Pakistan Trade: In 2023, Serbia exported $58.7M to Pakistan. The main products that Serbia exported to Pakistan were Phosphatic Fertilizers ($52.7M), Synthetic Rubber ($2.09M), and Tractors ($1.37M). Over the past 5 years the exports of Serbia to Pakistan have increased at an annualized rate of 97.9%, from $1.93M in 2018 to $58.7M in 2023.

In 2009, Serbia exported services to Pakistan worth $128k, with Other business services ($88.7k), Transportation ($20.7k), and Personal, cultural, and recreational services ($15.1k) being the largest in terms of value.

Pakistan-Serbia Trade: In 2023, Pakistan exported $26.5M to Serbia. The main products that Pakistan exported to Serbia were House Linens ($5.45M), Non-Knit Men's Suits ($4.2M), and Knit Sweaters ($2.4M). Over the past 5 years the exports of Pakistan to Serbia have increased at an annualized rate of 15.3%,  from $13M in 2018 to $26.5M in 2023.

In 2023, Pakistan 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, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Serbia exported $58.7M to Pakistan. The main products exported from Serbia to Pakistan were Phosphatic Fertilizers ($52.7M), Synthetic Rubber ($2.09M), and Tractors ($1.37M). During the last 5 years the exports of Serbia to Pakistan have increased at an annualized rate of 97.9%, from $1.93M in 2018 to $58.7M in 2023.

In 2018, Pakistan exported $26.5M to Serbia. The main products exported from Pakistan to Serbia were House Linens ($5.45M), Non-Knit Men's Suits ($4.2M), and Knit Sweaters ($2.4M). During the last 5 years the exports of Pakistan to Serbia have increased at an annualized rate of 15.3%, from $13M in 2023 to $26.5M in 2018.

Exports from Serbia (Flag) to Pakistan (Flag) (2023)

Exports from Pakistan (Flag) to Serbia (Flag) (2023)

Latest Data

Trade between Serbia (Flag) and Pakistan (Flag)

Serbia Exports

Pakistan Exports

Market Competitiveness

Color
Serbia
Top Destination
Germany$4.76B
Pakistan
Top Destination
United States$5.18B

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

In 2023, countries that imported more from Serbia than Pakistan included Germany ($4.76B), Hungary ($2.26B), and Bosnia and Herzegovina ($1.77B).

In 2023, countries that imported more from Pakistan than Serbia included United States ($5.18B), United Arab Emirates ($3.7B), and China ($3.4B).

Difference in imports from Pakistan (Flag) and Serbia (Flag) (2023)

Comparative Advantage Serbia - Pakistan

Flow
Scale

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

During 2023, Serbia had a large net trade with Pakistan in the exports of Chemical Products ($52.9M), Transportation ($2.36M), and Plastics and Rubbers ($2.26M).

During 2018, Pakistan had a large net trade with Serbia in the exports of Textiles ($21.7M), Vegetable Products ($1.96M), and Animal Hides ($897k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Serbia Pakistan+$2.46MWheat
Top Product Potential Pakistan Serbia+$3.44MNon-Knit Men's Suits

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 Pakistan. This means that a dot/product with the flag of Serbia indicates it has a comparative advantage over Pakistan. Similarly, a dot/product with the flag of Pakistan indicates it has a comparative advantage over Serbia.

Product Space of Serbia (Flag) and Pakistan (Flag) (2023)

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