2021
Exports | Imports
$9.72M | $46.1MWorld Rnk 71 / 193
Flag Rnk 308 / 1167
World Rnk 57 / 223
Flag Rnk 193 / 1198
2021
ECONOMIC COMPLEXITY of Serbia
0.74Rnk 36 / 131
2021
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.56Rnk 715 / 1024

About

Exports In 2021, Serbia exported $9.72M in Confectionery Sugar, making it the 71st largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 308th most exported product in Serbia. The main destination of Confectionery Sugar exports from Serbia are: Bosnia and Herzegovina ($3.84M), Montenegro ($1.84M), North Macedonia ($1.5M), Croatia ($982k), and Germany ($248k).

The fastest growing export markets for Confectionery Sugar of Serbia between 2020 and 2021 were Montenegro ($605k), Bosnia and Herzegovina ($433k), and Croatia ($289k).

Imports In 2021, Serbia imported $46.1M in Confectionery Sugar, becoming the 57th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 193rd most imported product in Serbia. Serbia imports Confectionery Sugar primarily from: Turkey ($9.16M), Germany ($4.93M), Poland ($4.88M), Croatia ($3.11M), and Austria ($2.83M).

The fastest growing import markets in Confectionery Sugar for Serbia between 2020 and 2021 were Turkey ($2.84M), Russia ($1.9M), and Germany ($1.2M).

Latest Trends

Dec 2023

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 (2021)$9.72M
IMPORTS (2021)$46.1M
NET TRADE (2021)-$36.3M

In 2021, Serbia exported $9.72M in Confectionery Sugar. The main destinations of Serbia exports on Confectionery Sugar were Bosnia and Herzegovina ($3.84M), Montenegro ($1.84M), North Macedonia ($1.5M), Croatia ($982k), and Germany ($248k).

In 2021, Serbia imported $46.1M in Confectionery Sugar, mainly from Turkey ($9.16M), Germany ($4.93M), Poland ($4.88M), Croatia ($3.11M), and Austria ($2.83M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Serbia WERE (2020 - 2021):
Montenegro$605k (49.1%)
Croatia$289k (41.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Serbia WERE (2020 - 2021):
Netherlands-$272k (-56.7%)
United States-$52.2k (-42.2%)
Romania-$29k (-22.3%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Serbia's main exporting competitors in Confectionery Sugar were:
Germany $1.59B
China $1.1B
In 2021, Serbia's main importing competitors in Confectionery Sugar were:

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Trade Value of Confectionery Sugar by Exporters

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