HS Icon Electric Generating Sets in  Flag Serbia

2020
Exports | Imports
: $5.22M | $18.1M, World Rnk 59 / 183
Flag Rnk 361 / 1158 | World Rnk 98 / 222
Flag Rnk 298 / 1196

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $810k | $1.39M, Netherlands |  United States

2020
ECONOMIC COMPLEXITY of Serbia
: 0.68, Rnk 37 / 127

2020
PRODUCT COMPLEXITY  IN Electric Generating Sets
: 0.53, Rnk 349 / 1029

Exports In 2020, Serbia exported $5.22M in Electric Generating Sets, making it the 59th largest exporter of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 361st most exported product in Serbia. The main destination of Electric Generating Sets exports from Serbia are: Austria ($989k), Bosnia and Herzegovina ($822k), Netherlands ($810k), Montenegro ($663k), and Croatia ($477k).

The fastest growing export markets for Electric Generating Sets of Serbia between 2019 and 2020 were Netherlands ($810k), Bosnia and Herzegovina ($355k), and Greece ($105k).

Imports In 2020, Serbia imported $18.1M in Electric Generating Sets, becoming the 98th largest importer of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 298th most imported product in Serbia. Serbia imports Electric Generating Sets primarily from: Turkey ($4.39M), Austria ($2.14M), Italy ($2.03M), Slovenia ($1.63M), and United States ($1.44M).

The fastest growing import markets in Electric Generating Sets for Serbia between 2019 and 2020 were United States ($1.39M), Turkey ($1.22M), and Croatia ($740k).

Tariffs In 2018, the average tariff for Serbia in Electric Generating Sets was 4.49%. The countries with the highest import tariffs for Electric Generating Sets were Angola (Most Favoured Nation duty rate treatement, 5.33%), Burundi (Most Favoured Nation duty rate treatement, 5.33%), Benin (Most Favoured Nation duty rate treatement, 5.33%), Burkina Faso (Most Favoured Nation duty rate treatement, 5.33%), and Botswana (Most Favoured Nation duty rate treatement, 5.33%).

Subnational Monthly Trade

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The following visualization shows the latest trends on Electric Generating Sets. 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

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EXPORTS (2020): $5.22M

IMPORTS (2020): $18.1M

NET TRADE (2020): -$12.8M

In 2020, Serbia exported $5.22M in Electric Generating Sets. The main destinations of Serbia exports on Electric Generating Sets were Austria ($989k), Bosnia and Herzegovina ($822k), Netherlands ($810k), Montenegro ($663k), and Croatia ($477k).

In 2020, Serbia imported $18.1M in Electric Generating Sets, mainly from Turkey ($4.39M), Austria ($2.14M), Italy ($2.03M), Slovenia ($1.63M), and United States ($1.44M).

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THE FASTEST GROWING Electric Generating Sets EXPORT MARKETS FOR Serbia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Generating Sets BY Serbia WERE (2019 - 2020):

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Market Concentration

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In 2020, Serbia's main exporting competitors in Electric Generating Sets were:

In 2020, Serbia's main importing competitors in Electric Generating Sets were:

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