2022
Exports | Imports
$554M | $54.4MWorld Rnk 15 / 160
Flag Rnk 9 / 1171
World Rnk 80 / 212
Flag Rnk 177 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 35 / 124
2022
PRODUCT COMPLEXITY IN Corn
-1.14Rnk 867 / 1025

About

Exports In 2022, Serbia exported $554M in Corn, making it the 15th largest exporter of Corn in the world. At the same year, Corn was the 9th most exported product in Serbia. The main destination of Corn exports from Serbia are: Romania ($130M), South Korea ($104M), Italy ($91.2M), Bosnia and Herzegovina ($56.9M), and Hungary ($44.8M).

The fastest growing export markets for Corn of Serbia between 2021 and 2022 were Bosnia and Herzegovina ($20M), Croatia ($6.74M), and Germany ($2.91M).

Imports In 2022, Serbia imported $54.4M in Corn, becoming the 80th largest importer of Corn in the world. At the same year, Corn was the 177th most imported product in Serbia. Serbia imports Corn primarily from: Romania ($15.1M), France ($12.4M), Hungary ($10.9M), Turkey ($6.3M), and Italy ($2.44M).

The fastest growing import markets in Corn for Serbia between 2021 and 2022 were Romania ($8.7M), France ($3.64M), and Turkey ($2.49M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Corn 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 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 (2022)$554M
IMPORTS (2022)$54.4M
NET TRADE (2022)$500M

In 2022, Serbia exported $554M in Corn. The main destinations of Serbia exports on Corn were Romania ($130M), South Korea ($104M), Italy ($91.2M), Bosnia and Herzegovina ($56.9M), and Hungary ($44.8M).

In 2022, Serbia imported $54.4M in Corn, mainly from Romania ($15.1M), France ($12.4M), Hungary ($10.9M), Turkey ($6.3M), and Italy ($2.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Croatia$6.74M (97.1%)
Germany$2.91M (91.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Serbia WERE (2021 - 2022):
Romania-$172M (-57%)
Spain-$61.3M (-87.9%)
South Korea-$33.1M (-24.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Corn were:
In 2022, Serbia's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

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