2022
Exports | Imports
$13.2M | $10.4MWorld Rnk 25 / 101
Flag Rnk 278 / 1171
World Rnk 32 / 166
Flag Rnk 477 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 35 / 124
2022
PRODUCT COMPLEXITY IN Prepared Explosives
-1.01Rnk 843 / 1025

About

Exports In 2022, Serbia exported $13.2M in Prepared Explosives, making it the 25th largest exporter of Prepared Explosives in the world. At the same year, Prepared Explosives was the 278th most exported product in Serbia. The main destination of Prepared Explosives exports from Serbia are: Bulgaria ($4.28M), Turkey ($2.84M), North Macedonia ($1.88M), Montenegro ($1.49M), and Bosnia and Herzegovina ($1.06M).

The fastest growing export markets for Prepared Explosives of Serbia between 2021 and 2022 were Bulgaria ($2.52M), North Macedonia ($541k), and United States ($318k).

Imports In 2022, Serbia imported $10.4M in Prepared Explosives, becoming the 32nd largest importer of Prepared Explosives in the world. At the same year, Prepared Explosives was the 477th most imported product in Serbia. Serbia imports Prepared Explosives primarily from: Croatia ($4.02M), Sweden ($1.52M), Poland ($990k), Romania ($779k), and South Korea ($745k).

The fastest growing import markets in Prepared Explosives for Serbia between 2021 and 2022 were Croatia ($1.76M), Romania ($779k), and South Korea ($745k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Prepared Explosives 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 Prepared Explosives. 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)$13.2M
IMPORTS (2022)$10.4M
NET TRADE (2022)$2.81M

In 2022, Serbia exported $13.2M in Prepared Explosives. The main destinations of Serbia exports on Prepared Explosives were Bulgaria ($4.28M), Turkey ($2.84M), North Macedonia ($1.88M), Montenegro ($1.49M), and Bosnia and Herzegovina ($1.06M).

In 2022, Serbia imported $10.4M in Prepared Explosives, mainly from Croatia ($4.02M), Sweden ($1.52M), Poland ($990k), Romania ($779k), and South Korea ($745k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Explosives EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Bulgaria$2.52M (142%)
North Macedonia$541k (40.5%)
United States$318k (52.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Explosives BY Serbia WERE (2021 - 2022):
Slovakia-$8.12M (-99.2%)
France-$548k (-100%)
Turkey-$458k (-13.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Prepared Explosives were:
In 2022, Serbia's main importing competitors in Prepared Explosives were:

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Trade Value of Prepared Explosives by Exporters

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