Serbia / Saudi Arabia

Serbia-Saudi Arabia Trade: In 2023, Serbia exported $71.9M to Saudi Arabia. The main products that Serbia exported to Saudi Arabia were Apples and Pears ($14M), Liquid Pumps ($9.64M), and Refined Petroleum ($6.34M). Over the past 5 years the exports of Serbia to Saudi Arabia have increased at an annualized rate of 22.7%, from $25.8M in 2018 to $71.9M in 2023.

In 2009, Serbia exported services to Saudi Arabia worth $1.38M, with Personal, cultural, and recreational services ($369k), Compensation of employees ($320k), and Construction services ($278k) being the largest in terms of value.

Saudi Arabia-Serbia Trade: In 2023, Saudi Arabia exported $47.2M to Serbia. The main products that Saudi Arabia exported to Serbia were Propylene Polymers ($17.2M), Ethylene Polymers ($16.8M), and Refined Petroleum ($7.55M). Over the past 5 years the exports of Saudi Arabia to Serbia have increased at an annualized rate of 6.95%,  from $33.7M in 2018 to $47.2M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).