2022
Exports
$4.86MWorld Rnk 46 / 182
Flag Rnk 409 / 1171
2022
PRODUCT COMPLEXITY IN Cutting Blades
1.38Rnk 76 / 1025
2022
Imports
$12.3MWorld Rnk 53 / 219
Flag Rnk 442 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $4.86M in Cutting Blades, making it the 46th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 409th most exported product in Serbia. The main destination of Cutting Blades exports from Serbia are: Slovenia ($1.98M), Italy ($1.65M), Bosnia and Herzegovina ($238k), Russia ($177k), and North Macedonia ($154k).

The fastest growing export markets for Cutting Blades of Serbia between 2021 and 2022 were Italy ($837k), Slovenia ($704k), and Russia ($174k).

Imports In 2022, Serbia imported $12.3M in Cutting Blades, becoming the 53rd largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 442nd most imported product in Serbia. Serbia imports Cutting Blades primarily from: China ($3.9M), Germany ($2.5M), Italy ($968k), Slovenia ($607k), and Switzerland ($551k).

The fastest growing import markets in Cutting Blades for Serbia between 2021 and 2022 were China ($2.88M), Germany ($355k), and Poland ($144k).

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 Cutting Blades. 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)$4.86M
IMPORTS (2022)$12.3M
NET TRADE (2022)-$7.47M

In 2022, Serbia exported $4.86M in Cutting Blades. The main destinations of Serbia exports on Cutting Blades were Slovenia ($1.98M), Italy ($1.65M), Bosnia and Herzegovina ($238k), Russia ($177k), and North Macedonia ($154k).

In 2022, Serbia imported $12.3M in Cutting Blades, mainly from China ($3.9M), Germany ($2.5M), Italy ($968k), Slovenia ($607k), and Switzerland ($551k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Italy$837k (102%)
Slovenia$704k (55.4%)
Russia$174k (5.17k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Serbia WERE (2021 - 2022):
South Africa-$31.1k (-96.7%)
Germany-$27.2k (-23.8%)
Israel-$18.9k (-84.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Cutting Blades were:
In 2022, Serbia's main importing competitors in Cutting Blades were:

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Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $193k
TOP IMPORT POTENTIALGermany+ $511k

Cutting Blades’s highest export potential is Russia. With an export gap of $193k.   Cutting Blades’s highest import potential is Germany with an import gap of $511k.

See methodology.

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