2022
Exports
$16MWorld Rnk 8 / 86
Flag Rnk 253 / 1171
2022
PRODUCT COMPLEXITY IN Gimp Yarn
0.54Rnk 354 / 1025
2022
Imports
$8.19MWorld Rnk 21 / 161
Flag Rnk 526 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $16M in Gimp Yarn, making it the 8th largest exporter of Gimp Yarn in the world. At the same year, Gimp Yarn was the 253rd most exported product in Serbia. The main destination of Gimp Yarn exports from Serbia are: Italy ($14.5M), United States ($680k), North Macedonia ($237k), Poland ($200k), and Russia ($91.2k).

The fastest growing export markets for Gimp Yarn of Serbia between 2021 and 2022 were Italy ($5.3M), United States ($218k), and Poland ($148k).

Imports In 2022, Serbia imported $8.19M in Gimp Yarn, becoming the 21st largest importer of Gimp Yarn in the world. At the same year, Gimp Yarn was the 526th most imported product in Serbia. Serbia imports Gimp Yarn primarily from: Germany ($2.67M), Italy ($2.6M), China ($1.63M), Turkey ($1.02M), and Croatia ($117k).

The fastest growing import markets in Gimp Yarn for Serbia between 2021 and 2022 were Germany ($1.34M), Ireland ($73.8k), and Slovenia ($19.2k).

Latest Trends

Oct 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 Gimp Yarn. 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)$16M
IMPORTS (2022)$8.19M
NET TRADE (2022)$7.84M

In 2022, Serbia exported $16M in Gimp Yarn. The main destinations of Serbia exports on Gimp Yarn were Italy ($14.5M), United States ($680k), North Macedonia ($237k), Poland ($200k), and Russia ($91.2k).

In 2022, Serbia imported $8.19M in Gimp Yarn, mainly from Germany ($2.67M), Italy ($2.6M), China ($1.63M), Turkey ($1.02M), and Croatia ($117k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gimp Yarn EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Italy$5.3M (57.8%)
United States$218k (47.3%)
Poland$148k (288%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gimp Yarn BY Serbia WERE (2021 - 2022):
Belarus-$971k (-100%)
Russia-$267k (-74.6%)
Turkey-$250k (-75.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Gimp Yarn were:
China $228M
Italy $85.8M
Turkey $59.4M
In 2022, Serbia's main importing competitors in Gimp Yarn were:

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Trade Value of Gimp Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $404k
TOP IMPORT POTENTIALChina+ $230k

Gimp Yarn’s highest export potential is United States. With an export gap of $404k.   Gimp Yarn’s highest import potential is China with an import gap of $230k.

See methodology.

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