2023
Exports
$2.33MWorld Rnk 66 / 175
Flag Rnk 529 / 1165
2023
PRODUCT COMPLEXITY IN Bandages
0.86Rnk 224 / 1025
2023
Imports
$13.2MWorld Rnk 64 / 221
Flag Rnk 418 / 1188
2023
ECONOMIC COMPLEXITY of Serbia
0.76Rnk 35 / 132

About

Exports In 2023, Serbia exported $2.33M in Bandages, making it the 66th largest exporter of Bandages in the world. At the same year, Bandages was the 529th most exported product in Serbia. The main destination of Bandages exports from Serbia are: Montenegro ($831k), Bosnia and Herzegovina ($500k), Romania ($365k), North Macedonia ($215k), and Ireland ($204k).

The fastest growing export markets for Bandages of Serbia between 2022 and 2023 were Montenegro ($394k), Romania ($320k), and Ireland ($162k).

Imports In 2023, Serbia imported $13.2M in Bandages, becoming the 64th largest importer of Bandages in the world. At the same year, Bandages was the 418th most imported product in Serbia. Serbia imports Bandages primarily from: Slovakia ($4.44M), China ($1.93M), United States ($1.06M), Germany ($1.04M), and Turkey ($778k).

The fastest growing import markets in Bandages for Serbia between 2022 and 2023 were Slovakia ($3.5M), United Kingdom ($183k), and Finland ($166k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bandages. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.33M
IMPORTS (2023)$13.2M
NET TRADE (2023)-$10.8M

In 2023, Serbia exported $2.33M in Bandages. The main destinations of Serbia exports on Bandages were Montenegro ($831k), Bosnia and Herzegovina ($500k), Romania ($365k), North Macedonia ($215k), and Ireland ($204k).

In 2023, Serbia imported $13.2M in Bandages, mainly from Slovakia ($4.44M), China ($1.93M), United States ($1.06M), Germany ($1.04M), and Turkey ($778k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
Montenegro$394k (90.1%)
Romania$320k (708%)
Ireland$162k (380%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Serbia WERE (2022 - 2023):
Lebanon-$72k (-100%)
Nigeria-$25.8k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Serbia's main exporting competitors in Bandages were:
In 2023, Serbia's main importing competitors in Bandages were:

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRomania+ $62k
TOP IMPORT POTENTIALChina+ $1.31M

Bandages’s highest export potential is Romania. With an export gap of $62k.   Bandages’s highest import potential is China with an import gap of $1.31M.

See methodology.

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