2022
Exports
$9.92MWorld Rnk 47 / 149
Flag Rnk 311 / 1171
2022
PRODUCT COMPLEXITY IN Fuel Wood
-0.33Rnk 658 / 1025
2022
Imports
$22.6MWorld Rnk 40 / 197
Flag Rnk 318 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $9.92M in Fuel Wood, making it the 47th largest exporter of Fuel Wood in the world. At the same year, Fuel Wood was the 311th most exported product in Serbia. The main destination of Fuel Wood exports from Serbia are: North Macedonia ($5.66M), Czechia ($854k), Italy ($854k), Germany ($643k), and Austria ($533k).

The fastest growing export markets for Fuel Wood of Serbia between 2021 and 2022 were Czechia ($845k), Germany ($521k), and Austria ($351k).

Imports In 2022, Serbia imported $22.6M in Fuel Wood, becoming the 40th largest importer of Fuel Wood in the world. At the same year, Fuel Wood was the 318th most imported product in Serbia. Serbia imports Fuel Wood primarily from: Bosnia and Herzegovina ($9.99M), Croatia ($5.32M), Montenegro ($5.05M), Ukraine ($927k), and Russia ($398k).

The fastest growing import markets in Fuel Wood for Serbia between 2021 and 2022 were Montenegro ($4.23M), Bosnia and Herzegovina ($3.18M), and Russia ($263k).

Latest Trends

May 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 Fuel Wood. 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)$9.92M
IMPORTS (2022)$22.6M
NET TRADE (2022)-$12.7M

In 2022, Serbia exported $9.92M in Fuel Wood. The main destinations of Serbia exports on Fuel Wood were North Macedonia ($5.66M), Czechia ($854k), Italy ($854k), Germany ($643k), and Austria ($533k).

In 2022, Serbia imported $22.6M in Fuel Wood, mainly from Bosnia and Herzegovina ($9.99M), Croatia ($5.32M), Montenegro ($5.05M), Ukraine ($927k), and Russia ($398k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fuel Wood EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Czechia$845k (9.57k%)
Germany$521k (425%)
Austria$351k (192%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fuel Wood BY Serbia WERE (2021 - 2022):
North Macedonia-$4.37M (-43.6%)
Bosnia and Herzegovina-$279k (-66.4%)
Bulgaria-$224k (-93.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Fuel Wood were:
In 2022, Serbia's main importing competitors in Fuel Wood were:

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Trade Value of Fuel Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $1.21M
TOP IMPORT POTENTIALCroatia+ $1.05M

Fuel Wood’s highest export potential is Italy. With an export gap of $1.21M.   Fuel Wood’s highest import potential is Croatia with an import gap of $1.05M.

See methodology.

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