2022
Exports | Imports
$1.39M | $17.2MWorld Rnk 49 / 156
Flag Rnk 596 / 1171
World Rnk 35 / 210
Flag Rnk 376 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 35 / 124
2022
PRODUCT COMPLEXITY IN Drilling Machines
1.1Rnk 138 / 1025

About

Exports In 2022, Serbia exported $1.39M in Drilling Machines, making it the 49th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 596th most exported product in Serbia. The main destination of Drilling Machines exports from Serbia are: Slovenia ($394k), Germany ($248k), Bosnia and Herzegovina ($134k), Russia ($89.1k), and Czechia ($74.7k).

The fastest growing export markets for Drilling Machines of Serbia between 2021 and 2022 were Germany ($171k), Slovenia ($150k), and Russia ($89.1k).

Imports In 2022, Serbia imported $17.2M in Drilling Machines, becoming the 35th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 376th most imported product in Serbia. Serbia imports Drilling Machines primarily from: China ($3.37M), Czechia ($3.22M), Germany ($2.83M), Italy ($2.05M), and Austria ($1.05M).

The fastest growing import markets in Drilling Machines for Serbia between 2021 and 2022 were Czechia ($2.7M), Netherlands ($814k), and Italy ($754k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Drilling Machines from Serbia to the United States.

Latest Trends

Feb 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 Drilling Machines. 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)$1.39M
IMPORTS (2022)$17.2M
NET TRADE (2022)-$15.8M

In 2022, Serbia exported $1.39M in Drilling Machines. The main destinations of Serbia exports on Drilling Machines were Slovenia ($394k), Germany ($248k), Bosnia and Herzegovina ($134k), Russia ($89.1k), and Czechia ($74.7k).

In 2022, Serbia imported $17.2M in Drilling Machines, mainly from China ($3.37M), Czechia ($3.22M), Germany ($2.83M), Italy ($2.05M), and Austria ($1.05M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Germany$171k (222%)
Slovenia$150k (61.1%)
Russia$89.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Serbia WERE (2021 - 2022):
France-$226k (-100%)
Hungary-$226k (-97.1%)
Belarus-$84.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Drilling Machines were:
In 2022, Serbia's main importing competitors in Drilling Machines were:

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Trade Value of Drilling Machines by Exporters

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