Exports In 2020, Serbia exported $27M in Crude Petroleum, making it the 82nd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 147th most exported product in Serbia. The main destination of Crude Petroleum exports from Serbia are: United Kingdom ($26.9M) and Bosnia and Herzegovina ($134k).
The fastest growing export markets for Crude Petroleum of Serbia between 2019 and 2020 were United Kingdom ($26.9M).
Imports In 2020, Serbia imported $853M in Crude Petroleum, becoming the 52nd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most imported product in Serbia. Serbia imports Crude Petroleum primarily from: Iraq ($435M), Russia ($303M), Kazakhstan ($97.6M), Romania ($10.9M), and Croatia ($6.64M).
The fastest growing import markets in Crude Petroleum for Serbia between 2019 and 2020 were Kazakhstan ($97.6M), Croatia ($6.64M), and Bosnia and Herzegovina ($143k).
Tariffs In 2018, the average tariff for Serbia in Crude Petroleum was 0.84%. The countries with the highest import tariffs for Crude Petroleum were Angola (Most Favoured Nation duty rate treatement, 1%), Burundi (Most Favoured Nation duty rate treatement, 1%), Benin (Most Favoured Nation duty rate treatement, 1%), Burkina Faso (Most Favoured Nation duty rate treatement, 1%), and Botswana (Most Favoured Nation duty rate treatement, 1%).