Serbia (SRB) and Poland (POL) Trade | The Observatory of Economic Complexity

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Serbia-Poland Trade: In 2022, Serbia exported $980M to Poland. The main products that Serbia exported to Poland were Hot-Rolled Iron ($136M), Low-voltage Protection Equipment ($84.3M), and Rubber Tires ($70.1M). Over the past 5 years the exports of Serbia to Poland have increased at an annualized rate of 17.4%, from $439M in 2017 to $980M in 2022.

In 2019, Serbia exported services to Poland worth $89.6M, with Other business services ($36.9M), Transportation ($23.5M), and Travel ($16.8M) being the largest in terms of value.

Poland-Serbia Trade: In 2022, Poland exported $1.35B to Serbia. The main products that Poland exported to Serbia were Coke ($79.4M), Other Furniture ($37.3M), and Kaolin Coated Paper ($32.1M). Over the past 5 years the exports of Poland to Serbia have increased at an annualized rate of 4.62%, from $987M in 2017 to $1.35B in 2022.

In 2022, Poland 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, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Serbia exported $980M to Poland. The main products exported from Serbia to Poland were Hot-Rolled Iron ($136M), Low-voltage Protection Equipment ($84.3M), and Rubber Tires ($70.1M). During the last 5 years the exports of Serbia to Poland have increased at an annualized rate of 17.4%, from $439M in 2017 to $980M in 2022.

In 2017, Poland exported $1.35B to Serbia. The main products exported from Poland to Serbia were Coke ($79.4M), Other Furniture ($37.3M), and Kaolin Coated Paper ($32.1M). During the last 5 years the exports of Poland to Serbia have increased at an annualized rate of 4.62%, from $987M in 2022 to $1.35B in 2017.

Exports from Serbia () to Poland () (2022)

Exports from Poland () to Serbia () (2022)

Latest Data

Trade between Serbia () and Poland ()

Serbia Exports

Date

Poland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Serbia
Top DestinationGermany$4B

Poland
Top DestinationGermany$93.1B

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

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

In 2022, countries that imported more from Poland than Serbia included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

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

Comparative Advantage Serbia - Poland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Serbia had a large net trade with Poland in the exports of Machines ($271M), Metals ($257M), and Plastics and Rubbers ($113M).

During 2017, Poland had a large net trade with Serbia in the exports of Machines ($212M), Metals ($158M), and Plastics and Rubbers ($146M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Serbia Poland+$29.4MInsulated Wire

Top Product Potential Poland Serbia+$20.6MMotor vehicles; parts and accessories (8701 to 8705)

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

About

Historical Data

Bilateral Trade by Products

Exports from Serbia () to Poland () (2022)

Exports from Poland () to Serbia () (2022)

Latest Data

Trade between Serbia () and Poland ()

Serbia Exports

Poland Exports

Market Competitiveness

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

Comparative Advantage Serbia - Poland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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