2022
Exports
$316MWorld Rnk 32 / 221
Flag Rnk 16 / 1171
2022
PRODUCT COMPLEXITY IN Liquid Pumps
1.19Rnk 105 / 1025
2022
Imports
$185MWorld Rnk 60 / 225
Flag Rnk 37 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $316M in Liquid Pumps, making it the 32nd largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 16th most exported product in Serbia. The main destination of Liquid Pumps exports from Serbia are: Netherlands ($72.9M), Hungary ($60.7M), United Kingdom ($36.6M), France ($25.7M), and United States ($22.7M).

The fastest growing export markets for Liquid Pumps of Serbia between 2021 and 2022 were Hungary ($32.7M), France ($17.5M), and Germany ($10.2M).

Imports In 2022, Serbia imported $185M in Liquid Pumps, becoming the 60th largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 37th most imported product in Serbia. Serbia imports Liquid Pumps primarily from: France ($46.1M), Denmark ($25.3M), Italy ($24.1M), Germany ($22.5M), and China ($19.6M).

The fastest growing import markets in Liquid Pumps for Serbia between 2021 and 2022 were Italy ($8.73M), Turkey ($1.41M), and China ($1.04M).

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 Liquid Pumps. 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)$316M
IMPORTS (2022)$185M
NET TRADE (2022)$131M

In 2022, Serbia exported $316M in Liquid Pumps. The main destinations of Serbia exports on Liquid Pumps were Netherlands ($72.9M), Hungary ($60.7M), United Kingdom ($36.6M), France ($25.7M), and United States ($22.7M).

In 2022, Serbia imported $185M in Liquid Pumps, mainly from France ($46.1M), Denmark ($25.3M), Italy ($24.1M), Germany ($22.5M), and China ($19.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Hungary$32.7M (117%)
France$17.5M (215%)
Germany$10.2M (221%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY Serbia WERE (2021 - 2022):
Netherlands-$33.9M (-31.8%)
Russia-$28.5M (-77.3%)
Turkey-$6.37M (-31.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Liquid Pumps were:
In 2022, Serbia's main importing competitors in Liquid Pumps were:

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Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23.3M
TOP IMPORT POTENTIALChina+ $12.1M

Liquid Pumps’s highest export potential is United States. With an export gap of $23.3M.   Liquid Pumps’s highest import potential is China with an import gap of $12.1M.

See methodology.

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