2023
Exports
$1.52BWorld Rnk 13 / 111
Flag Rnk 3 / 1165
2023
PRODUCT COMPLEXITY IN Copper Ore
-1.95Rnk 994 / 1025
2023
Imports
$73.1MWorld Rnk 25 / 102
Flag Rnk 134 / 1188
2023
ECONOMIC COMPLEXITY of Serbia
0.76Rnk 35 / 132

About

Exports In 2023, Serbia exported $1.52B in Copper Ore, making it the 13th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 3rd most exported product in Serbia. The main destination of Copper Ore exports from Serbia are: China ($859M), South Korea ($304M), Bulgaria ($112M), Spain ($49.6M), and Canada ($36.6M).

The fastest growing export markets for Copper Ore of Serbia between 2022 and 2023 were South Korea ($113M), Sweden ($33.4M), and Canada ($32.5M).

Imports In 2023, Serbia imported $73.1M in Copper Ore, becoming the 25th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 134th most imported product in Serbia. Serbia imports Copper Ore primarily from: Bulgaria ($71.3M), Armenia ($1.46M), China ($282k), North Macedonia ($251), and Finland ($6).

The fastest growing import markets in Copper Ore for Serbia between 2022 and 2023 were Bulgaria ($71.3M), Armenia ($1.46M), and China ($282k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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 Copper Ore. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.52B
IMPORTS (2023)$73.1M
NET TRADE (2023)$1.44B

In 2023, Serbia exported $1.52B in Copper Ore. The main destinations of Serbia exports on Copper Ore were China ($859M), South Korea ($304M), Bulgaria ($112M), Spain ($49.6M), and Canada ($36.6M).

In 2023, Serbia imported $73.1M in Copper Ore, mainly from Bulgaria ($71.3M), Armenia ($1.46M), China ($282k), North Macedonia ($251), and Finland ($6).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
South Korea$113M (59.6%)
Sweden$33.4M (1%)
Canada$32.5M (796%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Serbia WERE (2022 - 2023):
Spain-$215M (-81.2%)
Finland-$95.5M (-82.6%)
Georgia-$63.8M (-92.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Serbia's main exporting competitors in Copper Ore were:
Chile $24.2B
Peru $19.9B
In 2023, Serbia's main importing competitors in Copper Ore were:

Explore Visualizations

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with