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2022
Exports $1.77BWorld Rnk 12 / 110
Flag Rnk 2 / 1171
2022
Destination $413M China
2021 - 2022
FASTEST GROWING MARKET $413MChina
2022
PRODUCT COMPLEXITY IN Copper Ore-1.94Rnk 995 / 1025
2022
Imports $364World Rnk 99 / 117
Flag Rnk 1189 / 1196
2022
Origin $348 North Macedonia
2021 - 2022
FASTEST GROWING ORIGIN $348North Macedonia
2022
ECONOMIC COMPLEXITY of Serbia0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $1.77B in Copper Ore, making it the 12th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 2nd most exported product in Serbia. The main destination of Copper Ore exports from Serbia are: China ($913M), Spain ($313M), South Korea ($191M), Bulgaria ($147M), and Finland ($80.8M).

The fastest growing export markets for Copper Ore of Serbia between 2021 and 2022 were China ($413M), Spain ($198M), and Bulgaria ($131M).

Imports In 2022, Serbia imported $364 in Copper Ore, becoming the 99th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 1189th most imported product in Serbia. Serbia imports Copper Ore primarily from: North Macedonia ($348), Finland ($11), and China ($5).

The fastest growing import markets in Copper Ore for Serbia between 2021 and 2022 were North Macedonia ($348) and Finland ($11).

Latest Trends

Oct 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 Copper Ore. 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)$1.77B
IMPORTS (2022)$364
NET TRADE (2022)$1.77B

In 2022, Serbia exported $1.77B in Copper Ore. The main destinations of Serbia exports on Copper Ore were China ($913M), Spain ($313M), South Korea ($191M), Bulgaria ($147M), and Finland ($80.8M).

In 2022, Serbia imported $364 in Copper Ore, mainly from North Macedonia ($348), Finland ($11), and China ($5).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
China$413M (82.5%)
Spain$198M (172%)
Bulgaria$131M (806%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Serbia WERE (2021 - 2022):
Russia-$3.67M (-100%)
Montenegro-$720k (-3.69%)
Netherlands-$84 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Copper Ore were:
Chile $22.8B
Peru $13.5B
Indonesia $8.89B
In 2022, Serbia's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B
South Korea $6.27B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $101M
TOP IMPORT POTENTIALNorth Macedonia+ $824

Copper Ore’s highest export potential is China. With an export gap of $101M.   Copper Ore’s highest import potential is North Macedonia with an import gap of $824.

See methodology.

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