2022
Exports | Imports
$1.85M | $10.5MWorld Rnk 39 / 160
Flag Rnk 555 / 1171
World Rnk 38 / 212
Flag Rnk 475 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 35 / 124
2022
PRODUCT COMPLEXITY IN Metalworking Machines
1.83Rnk 10 / 1025

About

Exports In 2022, Serbia exported $1.85M in Metalworking Machines, making it the 39th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 555th most exported product in Serbia. The main destination of Metalworking Machines exports from Serbia are: Spain ($553k), Finland ($355k), Hong Kong ($215k), Montenegro ($117k), and Poland ($114k).

The fastest growing export markets for Metalworking Machines of Serbia between 2021 and 2022 were Finland ($355k), Spain ($324k), and Hong Kong ($215k).

Imports In 2022, Serbia imported $10.5M in Metalworking Machines, becoming the 38th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 475th most imported product in Serbia. Serbia imports Metalworking Machines primarily from: China ($4.83M), United States ($1.26M), Germany ($1.13M), Turkey ($555k), and Hungary ($548k).

The fastest growing import markets in Metalworking Machines for Serbia between 2021 and 2022 were China ($2.92M), United States ($1.25M), and Czechia ($350k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Metalworking Machines from Serbia to the United States.

Latest Trends

Feb 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 Metalworking 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 (2022)$1.85M
IMPORTS (2022)$10.5M
NET TRADE (2022)-$8.62M

In 2022, Serbia exported $1.85M in Metalworking Machines. The main destinations of Serbia exports on Metalworking Machines were Spain ($553k), Finland ($355k), Hong Kong ($215k), Montenegro ($117k), and Poland ($114k).

In 2022, Serbia imported $10.5M in Metalworking Machines, mainly from China ($4.83M), United States ($1.26M), Germany ($1.13M), Turkey ($555k), and Hungary ($548k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Finland$355k (1%)
Spain$324k (142%)
Hong Kong$215k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Serbia WERE (2021 - 2022):
Italy-$67.5k (-53.3%)
Bahrain-$32.5k (-100%)
Germany-$32.4k (-94.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Metalworking Machines were:
In 2022, Serbia's main importing competitors in Metalworking Machines were:

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Trade Value of Metalworking Machines by Exporters

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