2022
Exports | Imports
$9.84M | $47.2MWorld Rnk 73 / 195
Flag Rnk 313 / 1171
World Rnk 57 / 224
Flag Rnk 203 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 35 / 124
2022
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.69Rnk 754 / 1025

About

Exports In 2022, Serbia exported $9.84M in Confectionery Sugar, making it the 73rd largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 313th most exported product in Serbia. The main destination of Confectionery Sugar exports from Serbia are: Bosnia and Herzegovina ($3.47M), Montenegro ($2.2M), North Macedonia ($1.7M), Croatia ($1.1M), and Germany ($210k).

The fastest growing export markets for Confectionery Sugar of Serbia between 2021 and 2022 were Montenegro ($368k), North Macedonia ($205k), and Croatia ($115k).

Imports In 2022, Serbia imported $47.2M in Confectionery Sugar, becoming the 57th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 203rd most imported product in Serbia. Serbia imports Confectionery Sugar primarily from: Turkey ($11M), Germany ($5.26M), Poland ($4.43M), Hungary ($4.18M), and Austria ($3.62M).

The fastest growing import markets in Confectionery Sugar for Serbia between 2021 and 2022 were Turkey ($1.81M), Hungary ($1.4M), and Spain ($993k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Confectionery Sugar from Serbia to the United States.

Latest Trends

Jan 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 Confectionery Sugar. 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 (2022)$9.84M
IMPORTS (2022)$47.2M
NET TRADE (2022)-$37.4M

In 2022, Serbia exported $9.84M in Confectionery Sugar. The main destinations of Serbia exports on Confectionery Sugar were Bosnia and Herzegovina ($3.47M), Montenegro ($2.2M), North Macedonia ($1.7M), Croatia ($1.1M), and Germany ($210k).

In 2022, Serbia imported $47.2M in Confectionery Sugar, mainly from Turkey ($11M), Germany ($5.26M), Poland ($4.43M), Hungary ($4.18M), and Austria ($3.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Montenegro$368k (20.1%)
North Macedonia$205k (13.7%)
Croatia$115k (11.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Serbia WERE (2021 - 2022):
Bosnia and Herzegovina-$358k (-9.35%)
Netherlands-$104k (-50.1%)
Israel-$78k (-98.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Confectionery Sugar were:
Germany $1.76B
China $1.38B
Mexico $1.12B
In 2022, Serbia's main importing competitors in Confectionery Sugar were:

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Trade Value of Confectionery Sugar by Exporters

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