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2022
Flag → Flag
Exports $2.95MRnk 92 / 174
2022
Flag → Flag
Top Product $813kSheep and Goats
2022
Flag → Flag
Exports $755Rnk 87 / 98
2022
Flag → Flag
Top Product $697Gaskets
2022
Flag
Economic Complexity (ECI) ECI 0.75Rnk 36 / 133
2022
Flag  
GDP$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP GROWTH46.6%CURRENT US$
Rnk 71 / 186
2022
Flag
 GDP$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH56.5%CURRENT US$
Rnk 47 / 186
2022
Flag
GDP PC $9,394CURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP PC GROWTH56.1%CURRENT US$
Rnk 32 / 186
2022
Flag
GDP PC$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH23.5%CURRENT US$
Rnk 75 / 186

About

Serbia-Palestine Trade: In 2022, Serbia exported $2.95M to Palestine. The main products that Serbia exported to Palestine were Sheep and Goats ($813k), Sawn Wood ($501k), and Other Non-Metal Removal Machinery ($431k). Over the past 5 years the exports of Serbia to Palestine have increased at an annualized rate of 4.83%, from $2.33M in 2017 to $2.95M in 2022.

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

Palestine-Serbia Trade: In 2022, Palestine exported $755 to Serbia. The main products that Palestine exported to Serbia were Gaskets ($697) and Cut Flowers ($58). Over the past 5 years the exports of Palestine to Serbia have decreased at an annualized rate of 39.1%,  from $9.04k in 2017 to $755 in 2022.

In 2022, Palestine 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, Palestine ranked 150 in total exports ($1.61B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Serbia exported $2.95M to Palestine. The main products exported from Serbia to Palestine were Sheep and Goats ($813k), Sawn Wood ($501k), and Other Non-Metal Removal Machinery ($431k). During the last 5 years the exports of Serbia to Palestine have increased at an annualized rate of 4.83%, from $2.33M in 2017 to $2.95M in 2022.

In 2017, Palestine exported $755 to Serbia. The main products exported from Palestine to Serbia were Gaskets ($697) and Cut Flowers ($58). During the last 5 years the exports of Palestine to Serbia have decreased at an annualized rate of 39.1%, from $9.04k in 2022 to $755 in 2017.

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

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

Latest Data

Trade between Serbia (Flag) and Palestine (Flag)

Serbia Exports

Market Competitiveness

Color
Serbia
Top DestinationGermany$4B
Palestine
Top DestinationIsrael$1.3B

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

In 2022, countries that imported more from Serbia than Palestine included Germany ($4B), Bosnia and Herzegovina ($2.14B), and Italy ($2.1B).

In 2022, countries that imported more from Palestine than Serbia included Israel ($1.3B), Jordan ($159M), and Oman ($4.47M).

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

Comparative Advantage Serbia - Palestine

Flow
Scale

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

During 2022, Serbia had a large net trade with Palestine in the exports of Animal Products ($813k), Machines ($724k), and Wood Products ($501k).

During 2017, Palestine had a large net trade with Serbia in the exports of Machines ($697) and Vegetable Products ($58).

Economic Complexity

Competitive Landscape

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

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

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