Serbia / Singapore

Serbia-Singapore Trade: In 2022, Serbia exported $11.6M to Singapore. The main products that Serbia exported to Singapore were Liquid Pumps ($3.1M), Electric Motors ($1.03M), and Refrigerators ($953k). Over the past 5 years the exports of Serbia to Singapore have decreased at an annualized rate of 10.3%, from $20M in 2017 to $11.6M in 2022.

In 2019, Serbia exported services to Singapore worth $14.6M, with Other business services ($10.1M), Computer and information services ($2.24M), and Personal, cultural, and recreational services ($1.12M) being the largest in terms of value.

Singapore-Serbia Trade: In 2022, Singapore exported $21.4M to Serbia. The main products that Singapore exported to Serbia were Other Plastic Products ($2.07M), Integrated Circuits ($1.97M), and Orthopedic Appliances ($1.9M). Over the past 5 years the exports of Singapore to Serbia have increased at an annualized rate of 2.95%,  from $18.5M in 2017 to $21.4M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).