HS Icon Cars in  Flag Serbia

2020
Exports | Imports
: $473M | $823M, World Rnk 42 / 210
Flag Rnk 6 / 1158 | World Rnk 65 / 224
Flag Rnk 3 / 1196

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $4.21M | $55M, North Macedonia |  Morocco

2020
ECONOMIC COMPLEXITY of Serbia
: 0.68, Rnk 37 / 127

2020
PRODUCT COMPLEXITY  IN Cars
: 0.89, Rnk 214 / 1029

Exports In 2020, Serbia exported $473M in Cars, making it the 42nd largest exporter of Cars in the world. At the same year, Cars was the 6th most exported product in Serbia. The main destination of Cars exports from Serbia are: Italy ($351M), Bosnia and Herzegovina ($24.8M), Montenegro ($21.6M), Albania ($10.3M), and Austria ($10.2M).

The fastest growing export markets for Cars of Serbia between 2019 and 2020 were North Macedonia ($4.21M), Romania ($2.13M), and Belgium ($1.51M).

Imports In 2020, Serbia imported $823M in Cars, becoming the 65th largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Serbia. Serbia imports Cars primarily from: Germany ($159M), Slovenia ($132M), Czechia ($86.5M), Hungary ($83.3M), and France ($70.4M).

The fastest growing import markets in Cars for Serbia between 2019 and 2020 were Morocco ($55M), France ($7.68M), and Switzerland ($5.12M).

Subnational Monthly Trade

#permalink to section
View
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 Cars. Countries are shown based on data availability.

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

Explore Latest Trends

Historical Data

#permalink to section
Value
Compare to

EXPORTS (2020): $473M

IMPORTS (2020): $823M

NET TRADE (2020): -$349M

In 2020, Serbia exported $473M in Cars. The main destinations of Serbia exports on Cars were Italy ($351M), Bosnia and Herzegovina ($24.8M), Montenegro ($21.6M), Albania ($10.3M), and Austria ($10.2M).

In 2020, Serbia imported $823M in Cars, mainly from Germany ($159M), Slovenia ($132M), Czechia ($86.5M), Hungary ($83.3M), and France ($70.4M).

Explore Visualizations

Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Serbia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Serbia WERE (2019 - 2020):

Explore Visualizations

Market Concentration

#permalink to section
View
Flow
Type

In 2020, Serbia's main exporting competitors in Cars were:

In 2020, Serbia's main importing competitors in Cars were:

Explore Visualizations