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Exports In 2022, Serbia exported $61.5M in Natural gas in gaseous state, making it the 42nd largest exporter of Natural gas in gaseous state in the world. At the same year, Natural gas in gaseous state was the 101st most exported product in Serbia. The main destination of Natural gas in gaseous state exports from Serbia are: Hungary ($54M), Bulgaria ($5.01M), North Macedonia ($1.69M), Croatia ($462k), and Montenegro ($282k).

The fastest growing export markets for Natural gas in gaseous state of Serbia between 2021 and 2022 were Hungary ($48.4M), Bulgaria ($5.01M), and North Macedonia ($1.65M).

Imports In 2022, Serbia imported $1.54B in Natural gas in gaseous state, becoming the 28th largest importer of Natural gas in gaseous state in the world. At the same year, Natural gas in gaseous state was the 3rd most imported product in Serbia. Serbia imports Natural gas in gaseous state primarily from: Russia ($998M), Hungary ($536M), Bulgaria ($3.53M), Slovakia ($2.45M), and Bosnia and Herzegovina ($7.63k).

The fastest growing import markets in Natural gas in gaseous state for Serbia between 2021 and 2022 were Russia ($536M), Hungary ($502M), and Slovakia ($2.45M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$61.5M
IMPORTS (2022)$1.54B
NET TRADE (2022)-$1.48B

In 2022, Serbia exported $61.5M in Natural gas in gaseous state. The main destinations of Serbia exports on Natural gas in gaseous state were Hungary ($54M), Bulgaria ($5.01M), North Macedonia ($1.69M), Croatia ($462k), and Montenegro ($282k).

In 2022, Serbia imported $1.54B in Natural gas in gaseous state, mainly from Russia ($998M), Hungary ($536M), Bulgaria ($3.53M), Slovakia ($2.45M), and Bosnia and Herzegovina ($7.63k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural gas in gaseous state EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Hungary$48.4M (866%)
Bulgaria$5.01M (1%)
North Macedonia$1.65M (3.78k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural gas in gaseous state BY Serbia WERE (2021 - 2022):
Bosnia and Herzegovina-$667k (-90.3%)
Montenegro-$110k (-28.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Natural gas in gaseous state were:
Belgium $53.3B
Russia $41.2B
In 2022, Serbia's main importing competitors in Natural gas in gaseous state were:

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Trade Value of Natural gas in gaseous state by Exporters

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