HS Icon Insulated Wire in  Flag Serbia

2020
Exports | Imports
: $1.42B | $506M, World Rnk 21 / 224
Flag Rnk 1 / 1158 | World Rnk 43 / 225
Flag Rnk 5 / 1196

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $40.2M | $23.8M, Hungary |  Turkey

2020
ECONOMIC COMPLEXITY of Serbia
: 0.68, Rnk 37 / 127

2020
PRODUCT COMPLEXITY  IN Insulated Wire
: -0.66, Rnk 739 / 1029

Exports In 2020, Serbia exported $1.42B in Insulated Wire, making it the 21st largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 1st most exported product in Serbia. The main destination of Insulated Wire exports from Serbia are: Germany ($415M), Hungary ($194M), Czechia ($178M), Slovakia ($141M), and Romania ($98.2M).

The fastest growing export markets for Insulated Wire of Serbia between 2019 and 2020 were Hungary ($40.2M), Czechia ($12.6M), and Poland ($11M).

Imports In 2020, Serbia imported $506M in Insulated Wire, becoming the 43rd largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 5th most imported product in Serbia. Serbia imports Insulated Wire primarily from: Germany ($116M), Hungary ($67.9M), Turkey ($52.9M), Czechia ($48.5M), and Romania ($43.2M).

The fastest growing import markets in Insulated Wire for Serbia between 2019 and 2020 were Turkey ($23.8M), China ($16.9M), and Czechia ($12.8M).

Subnational Monthly Trade

#permalink to section
View
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 Insulated Wire. Countries are shown based on data availability.

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

Explore Latest Trends

Historical Data

#permalink to section
Value
Compare to

EXPORTS (2020): $1.42B

IMPORTS (2020): $506M

NET TRADE (2020): $918M

In 2020, Serbia exported $1.42B in Insulated Wire. The main destinations of Serbia exports on Insulated Wire were Germany ($415M), Hungary ($194M), Czechia ($178M), Slovakia ($141M), and Romania ($98.2M).

In 2020, Serbia imported $506M in Insulated Wire, mainly from Germany ($116M), Hungary ($67.9M), Turkey ($52.9M), Czechia ($48.5M), and Romania ($43.2M).

Explore Visualizations

Flow

THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Serbia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Serbia WERE (2019 - 2020):

Explore Visualizations

Market Concentration

#permalink to section
View
Flow
Type

In 2020, Serbia's main exporting competitors in Insulated Wire were:

In 2020, Serbia's main importing competitors in Insulated Wire were:

Explore Visualizations