2021
Exports | Imports
$8.08M | $9.41MWorld Rnk 29 / 147
Flag Rnk 336 / 1167
World Rnk 43 / 208
Flag Rnk 485 / 1198
2021
ECONOMIC COMPLEXITY of Serbia
0.74Rnk 36 / 131
2021
PRODUCT COMPLEXITY IN Metal Finishing Machines
1.49Rnk 50 / 1024

About

Exports In 2021, Serbia exported $8.08M in Metal Finishing Machines, making it the 29th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 336th most exported product in Serbia. The main destination of Metal Finishing Machines exports from Serbia are: Russia ($4.13M), India ($2.54M), Germany ($580k), Slovenia ($319k), and Bosnia and Herzegovina ($118k).

The fastest growing export markets for Metal Finishing Machines of Serbia between 2020 and 2021 were India ($2.06M), Germany ($579k), and Bosnia and Herzegovina ($54.8k).

Imports In 2021, Serbia imported $9.41M in Metal Finishing Machines, becoming the 43rd largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 485th most imported product in Serbia. Serbia imports Metal Finishing Machines primarily from: China ($3.21M), Germany ($2.54M), United Kingdom ($796k), Austria ($411k), and Italy ($345k).

The fastest growing import markets in Metal Finishing Machines for Serbia between 2020 and 2021 were Germany ($1.98M), China ($1.47M), and United Kingdom ($412k).

Latest Trends

Dec 2023

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 Metal Finishing Machines. 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 (2021)$8.08M
IMPORTS (2021)$9.41M
NET TRADE (2021)-$1.33M

In 2021, Serbia exported $8.08M in Metal Finishing Machines. The main destinations of Serbia exports on Metal Finishing Machines were Russia ($4.13M), India ($2.54M), Germany ($580k), Slovenia ($319k), and Bosnia and Herzegovina ($118k).

In 2021, Serbia imported $9.41M in Metal Finishing Machines, mainly from China ($3.21M), Germany ($2.54M), United Kingdom ($796k), Austria ($411k), and Italy ($345k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Serbia WERE (2020 - 2021):
India$2.06M (434%)
Germany$579k (43.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Serbia WERE (2020 - 2021):
Russia-$1.45M (-25.9%)
Turkey-$334k (-84.4%)
Hungary-$40.4k (-99.1%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Serbia's main exporting competitors in Metal Finishing Machines were:
In 2021, Serbia's main importing competitors in Metal Finishing Machines were:

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Trade Value of Metal Finishing Machines by Exporters

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