2023
Exports
$14.9MWorld Rnk 68 / 188
Flag Rnk 262 / 1165
2023
PRODUCT COMPLEXITY IN Glass Bottles
-0.52Rnk 711 / 1025
2023
Imports
$96.7MWorld Rnk 30 / 219
Flag Rnk 100 / 1188
2023
ECONOMIC COMPLEXITY of Serbia
0.76Rnk 35 / 132

About

Exports In 2023, Serbia exported $14.9M in Glass Bottles, making it the 68th largest exporter of Glass Bottles in the world. At the same year, Glass Bottles was the 262nd most exported product in Serbia. The main destination of Glass Bottles exports from Serbia are: Bulgaria ($4.08M), Bosnia and Herzegovina ($2.53M), Greece ($1.63M), North Macedonia ($1.41M), and Montenegro ($1.33M).

The fastest growing export markets for Glass Bottles of Serbia between 2022 and 2023 were Bulgaria ($1.11M), Montenegro ($240k), and Moldova ($158k).

Imports In 2023, Serbia imported $96.7M in Glass Bottles, becoming the 30th largest importer of Glass Bottles in the world. At the same year, Glass Bottles was the 100th most imported product in Serbia. Serbia imports Glass Bottles primarily from: Croatia ($43.1M), Bulgaria ($18.5M), Italy ($6.43M), Bosnia and Herzegovina ($5.2M), and Moldova ($2.98M).

The fastest growing import markets in Glass Bottles for Serbia between 2022 and 2023 were Croatia ($7.57M), Bulgaria ($6.55M), and Italy ($2.31M).

Latest Trends

Dec 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 Glass Bottles. 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 (2023)$14.9M
IMPORTS (2023)$96.7M
NET TRADE (2023)-$81.7M

In 2023, Serbia exported $14.9M in Glass Bottles. The main destinations of Serbia exports on Glass Bottles were Bulgaria ($4.08M), Bosnia and Herzegovina ($2.53M), Greece ($1.63M), North Macedonia ($1.41M), and Montenegro ($1.33M).

In 2023, Serbia imported $96.7M in Glass Bottles, mainly from Croatia ($43.1M), Bulgaria ($18.5M), Italy ($6.43M), Bosnia and Herzegovina ($5.2M), and Moldova ($2.98M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glass Bottles EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
Bulgaria$1.11M (37.3%)
Montenegro$240k (22.1%)
Moldova$158k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Bottles BY Serbia WERE (2022 - 2023):
Hungary-$3.81M (-76.3%)
North Macedonia-$3.39M (-70.6%)
Bosnia and Herzegovina-$1.16M (-31.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Serbia's main exporting competitors in Glass Bottles were:
China $2.33B
Germany $1.88B
Italy $1.22B
In 2023, Serbia's main importing competitors in Glass Bottles were:

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Trade Value of Glass Bottles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $1.26M
TOP IMPORT POTENTIALItaly+ $2.01M

Glass Bottles’s highest export potential is Italy. With an export gap of $1.26M.   Glass Bottles’s highest import potential is Italy with an import gap of $2.01M.

See methodology.

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