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Exports In 2023, Serbia exported $37.7M in Propellant Powders, making it the 8th largest exporter of Propellant Powders in the world. At the same year, Propellant Powders was the 145th most exported product in Serbia. The main destination of Propellant Powders exports from Serbia are: Bosnia and Herzegovina ($12.9M), Bulgaria ($11.2M), Romania ($5.6M), Italy ($1.69M), and Slovenia ($1.65M).

The fastest growing export markets for Propellant Powders of Serbia between 2022 and 2023 were Bulgaria ($6.74M), Bosnia and Herzegovina ($1.93M), and Slovenia ($1.65M).

Imports In 2023, Serbia imported $7.31M in Propellant Powders, becoming the 25th largest importer of Propellant Powders in the world. At the same year, Propellant Powders was the 546th most imported product in Serbia. Serbia imports Propellant Powders primarily from: China ($3.34M), Belgium ($1.68M), United States ($1.48M), Germany ($467k), and Czechia ($333k).

The fastest growing import markets in Propellant Powders for Serbia between 2022 and 2023 were China ($3.34M), Belgium ($1.68M), and United States ($913k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Propellant Powders. 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 (2023)$37.7M
IMPORTS (2023)$7.31M
NET TRADE (2023)$30.4M

In 2023, Serbia exported $37.7M in Propellant Powders. The main destinations of Serbia exports on Propellant Powders were Bosnia and Herzegovina ($12.9M), Bulgaria ($11.2M), Romania ($5.6M), Italy ($1.69M), and Slovenia ($1.65M).

In 2023, Serbia imported $7.31M in Propellant Powders, mainly from China ($3.34M), Belgium ($1.68M), United States ($1.48M), Germany ($467k), and Czechia ($333k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Propellant Powders EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
Bulgaria$6.74M (152%)
Slovenia$1.65M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propellant Powders BY Serbia WERE (2022 - 2023):
United States-$3.4M (-85.7%)
Turkey-$1.71M (-79.4%)
Italy-$1.02M (-37.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Serbia's main exporting competitors in Propellant Powders were:
In 2023, Serbia's main importing competitors in Propellant Powders were:

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Trade Value of Propellant Powders by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $352k
TOP IMPORT POTENTIALGermany+ $12.2k

Propellant Powders’s highest export potential is United States. With an export gap of $352k.   Propellant Powders’s highest import potential is Germany with an import gap of $12.2k.

See methodology.

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