2022
Exports
$183MWorld Rnk 45 / 218
Flag Rnk 38 / 1171
2022
PRODUCT COMPLEXITY IN Other Edible Preparations
0.054Rnk 531 / 1025
2022
Imports
$228MWorld Rnk 51 / 226
Flag Rnk 27 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $183M in Other Edible Preparations, making it the 45th largest exporter of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 38th most exported product in Serbia. The main destination of Other Edible Preparations exports from Serbia are: Bosnia and Herzegovina ($25.3M), Netherlands ($19.1M), Montenegro ($18.6M), United States ($14.7M), and North Macedonia ($11.6M).

The fastest growing export markets for Other Edible Preparations of Serbia between 2021 and 2022 were United States ($6.49M), Japan ($4.69M), and Netherlands ($4.36M).

Imports In 2022, Serbia imported $228M in Other Edible Preparations, becoming the 51st largest importer of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 27th most imported product in Serbia. Serbia imports Other Edible Preparations primarily from: Germany ($35.3M), Hungary ($24.2M), Italy ($23.9M), Croatia ($22.4M), and Poland ($21.1M).

The fastest growing import markets in Other Edible Preparations for Serbia between 2021 and 2022 were Hungary ($4.71M), Poland ($2.34M), and Croatia ($1.87M).

Latest Trends

Aug 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 Other Edible Preparations. 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)$183M
IMPORTS (2022)$228M
NET TRADE (2022)-$45M

In 2022, Serbia exported $183M in Other Edible Preparations. The main destinations of Serbia exports on Other Edible Preparations were Bosnia and Herzegovina ($25.3M), Netherlands ($19.1M), Montenegro ($18.6M), United States ($14.7M), and North Macedonia ($11.6M).

In 2022, Serbia imported $228M in Other Edible Preparations, mainly from Germany ($35.3M), Hungary ($24.2M), Italy ($23.9M), Croatia ($22.4M), and Poland ($21.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Edible Preparations EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
United States$6.49M (78.9%)
Japan$4.69M (166%)
Netherlands$4.36M (29.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Edible Preparations BY Serbia WERE (2021 - 2022):
Russia-$1.86M (-38%)
Czechia-$1.09M (-23.2%)
Mexico-$1.07M (-93.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Other Edible Preparations were:
In 2022, Serbia's main importing competitors in Other Edible Preparations were:

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Trade Value of Other Edible Preparations by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $14M
TOP IMPORT POTENTIALGermany+ $4.45M

Other Edible Preparations’s highest export potential is United States. With an export gap of $14M.   Other Edible Preparations’s highest import potential is Germany with an import gap of $4.45M.

See methodology.

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