Electricity in Serbia | The Observatory of Economic Complexity

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Exports In 2022, Serbia exported $996M in Electricity, making it the 27th largest exporter of Electricity in the world. At the same year, Electricity was the 3rd most exported product in Serbia. The main destination of Electricity exports from Serbia are: Croatia ($232M), Hungary ($210M), North Macedonia ($154M), Montenegro ($145M), and Romania ($120M).

The fastest growing export markets for Electricity of Serbia between 2021 and 2022 were Croatia ($209M), Hungary ($171M), and Montenegro ($119M).

Imports In 2022, Serbia imported $2.65B in Electricity, becoming the 15th largest importer of Electricity in the world. At the same year, Electricity was the 1st most imported product in Serbia. Serbia imports Electricity primarily from: Hungary ($808M), Romania ($457M), Croatia ($341M), Bulgaria ($258M), and Bosnia and Herzegovina ($234M).

The fastest growing import markets in Electricity for Serbia between 2021 and 2022 were Hungary ($375M), Romania ($272M), and Denmark ($233M).

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

Feb 2024

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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 Electricity. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$996M

IMPORTS (2022)$2.65B

NET TRADE (2022)-$1.65B

In 2022, Serbia exported $996M in Electricity. The main destinations of Serbia exports on Electricity were Croatia ($232M), Hungary ($210M), North Macedonia ($154M), Montenegro ($145M), and Romania ($120M).

In 2022, Serbia imported $2.65B in Electricity, mainly from Hungary ($808M), Romania ($457M), Croatia ($341M), Bulgaria ($258M), and Bosnia and Herzegovina ($234M).