2021
Exports | Imports
$915M | $45.3MWorld Rnk 9 / 160
Flag Rnk 2 / 1167
World Rnk 78 / 209
Flag Rnk 195 / 1198
2021
ECONOMIC COMPLEXITY of Serbia
0.74Rnk 36 / 131
2021
PRODUCT COMPLEXITY IN Corn
-1.16Rnk 874 / 1024

About

Exports In 2021, Serbia exported $915M in Corn, making it the 9th largest exporter of Corn in the world. At the same year, Corn was the 2nd most exported product in Serbia. The main destination of Corn exports from Serbia are: Romania ($302M), South Korea ($137M), Italy ($101M), Spain ($69.8M), and Austria ($47.4M).

The fastest growing export markets for Corn of Serbia between 2020 and 2021 were Austria ($33.9M), Hungary ($33.1M), and Spain ($17.5M).

Imports In 2021, Serbia imported $45.3M in Corn, becoming the 78th largest importer of Corn in the world. At the same year, Corn was the 195th most imported product in Serbia. Serbia imports Corn primarily from: Hungary ($18M), France ($8.72M), Romania ($6.55M), Turkey ($3.82M), and Italy ($1.89M).

The fastest growing import markets in Corn for Serbia between 2020 and 2021 were Hungary ($12.1M), Turkey ($3.75M), and France ($3.07M).

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 Corn. 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)$915M
IMPORTS (2021)$45.3M
NET TRADE (2021)$869M

In 2021, Serbia exported $915M in Corn. The main destinations of Serbia exports on Corn were Romania ($302M), South Korea ($137M), Italy ($101M), Spain ($69.8M), and Austria ($47.4M).

In 2021, Serbia imported $45.3M in Corn, mainly from Hungary ($18M), France ($8.72M), Romania ($6.55M), Turkey ($3.82M), and Italy ($1.89M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Serbia WERE (2020 - 2021):
Austria$33.9M (253%)
Hungary$33.1M (326%)
Spain$17.5M (33.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Serbia WERE (2020 - 2021):
Romania-$148M (-32.9%)
Egypt-$21.7M (-54.9%)
Kenya-$6.24M (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Serbia's main exporting competitors in Corn were:
In 2021, Serbia's main importing competitors in Corn were:
China $7.09B
Mexico $4.62B
Japan $3.93B

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Trade Value of Corn by Exporters

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