2022
Exports
$298MWorld Rnk 33 / 223
Flag Rnk 19 / 1171
2022
PRODUCT COMPLEXITY IN Other Furniture
0.34Rnk 424 / 1025
2022
Imports
$164MWorld Rnk 62 / 225
Flag Rnk 50 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $298M in Other Furniture, making it the 33rd largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 19th most exported product in Serbia. The main destination of Other Furniture exports from Serbia are: Romania ($29M), Germany ($28.4M), France ($23.7M), Belgium ($21.5M), and Croatia ($19.9M).

The fastest growing export markets for Other Furniture of Serbia between 2021 and 2022 were Russia ($4.84M), Montenegro ($3.89M), and Belgium ($2.65M).

Imports In 2022, Serbia imported $164M in Other Furniture, becoming the 62nd largest importer of Other Furniture in the world. At the same year, Other Furniture was the 50th most imported product in Serbia. Serbia imports Other Furniture primarily from: Poland ($37.3M), Turkey ($29.3M), Italy ($18.1M), Germany ($12.9M), and China ($10.2M).

The fastest growing import markets in Other Furniture for Serbia between 2021 and 2022 were Poland ($5.37M), Turkey ($3.82M), and Italy ($3.28M).

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 Other Furniture. 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)$298M
IMPORTS (2022)$164M
NET TRADE (2022)$133M

In 2022, Serbia exported $298M in Other Furniture. The main destinations of Serbia exports on Other Furniture were Romania ($29M), Germany ($28.4M), France ($23.7M), Belgium ($21.5M), and Croatia ($19.9M).

In 2022, Serbia imported $164M in Other Furniture, mainly from Poland ($37.3M), Turkey ($29.3M), Italy ($18.1M), Germany ($12.9M), and China ($10.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Russia$4.84M (41.1%)
Montenegro$3.89M (28.1%)
Belgium$2.65M (14%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Serbia WERE (2021 - 2022):
Romania-$2.22M (-7.09%)
Austria-$1.89M (-11.1%)
Germany-$1.66M (-5.52%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Other Furniture were:
China $36.6B
Vietnam $9.13B
Germany $8.79B
In 2022, Serbia's main importing competitors in Other Furniture were:

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Trade Value of Other Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $22.8M
TOP IMPORT POTENTIALChina+ $14.8M

Other Furniture’s highest export potential is Germany. With an export gap of $22.8M.   Other Furniture’s highest import potential is China with an import gap of $14.8M.

See methodology.

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