Exports In 2023, Serbia exported $990M in Electric Motors, making it the 15th largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 4th most exported product in Serbia. The main destination of Electric Motors exports from Serbia are: Germany ($486M), Sweden ($87.9M), Hungary ($71.8M), Czechia ($56.4M), and France ($50.4M).
The fastest growing export markets for Electric Motors of Serbia between 2022 and 2023 were Germany ($100M), France ($24.4M), and Hungary ($13.3M).
Imports In 2023, Serbia imported $69.8M in Electric Motors, becoming the 66th largest importer of Electric Motors in the world. At the same year, Electric Motors was the 139th most imported product in Serbia. Serbia imports Electric Motors primarily from: China ($16.7M), Germany ($12.2M), Italy ($7.51M), Hungary ($3.81M), and Belgium ($3.29M).
The fastest growing import markets in Electric Motors for Serbia between 2022 and 2023 were Belgium ($2.9M), Netherlands ($970k), and Czechia ($592k).