HS Icon Packaged Medicaments in  Flag Serbia

2020
Exports | Imports
: $315M | $1.01B, World Rnk 52 / 210
Flag Rnk 9 / 1158 | World Rnk 53 / 224
Flag Rnk 1 / 1196

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $33.8M | $131M, Germany |  Germany

2020
ECONOMIC COMPLEXITY of Serbia
: 0.68, Rnk 37 / 127

2020
PRODUCT COMPLEXITY  IN Packaged Medicaments
: 0.6, Rnk 320 / 1029

Exports In 2020, Serbia exported $315M in Packaged Medicaments, making it the 52nd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 9th most exported product in Serbia. The main destination of Packaged Medicaments exports from Serbia are: Germany ($90.6M), Russia ($51.4M), Montenegro ($26.5M), Bosnia and Herzegovina ($16.8M), and Italy ($14.6M).

The fastest growing export markets for Packaged Medicaments of Serbia between 2019 and 2020 were Germany ($33.8M), Slovakia ($4.93M), and France ($4.39M).

Imports In 2020, Serbia imported $1.01B in Packaged Medicaments, becoming the 53rd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 1st most imported product in Serbia. Serbia imports Packaged Medicaments primarily from: Germany ($205M), Hungary ($129M), Slovenia ($113M), France ($75.7M), and Switzerland ($62.3M).

The fastest growing import markets in Packaged Medicaments for Serbia between 2019 and 2020 were Germany ($131M), Hungary ($30.7M), and Austria ($28.7M).

Subnational Monthly Trade

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The following visualization shows the latest trends on Packaged Medicaments. 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

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EXPORTS (2020): $315M

IMPORTS (2020): $1.01B

NET TRADE (2020): -$692M

In 2020, Serbia exported $315M in Packaged Medicaments. The main destinations of Serbia exports on Packaged Medicaments were Germany ($90.6M), Russia ($51.4M), Montenegro ($26.5M), Bosnia and Herzegovina ($16.8M), and Italy ($14.6M).

In 2020, Serbia imported $1.01B in Packaged Medicaments, mainly from Germany ($205M), Hungary ($129M), Slovenia ($113M), France ($75.7M), and Switzerland ($62.3M).

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THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Serbia WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Serbia WERE (2019 - 2020):

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Market Concentration

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In 2020, Serbia's main exporting competitors in Packaged Medicaments were:

In 2020, Serbia's main importing competitors in Packaged Medicaments were:

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