2022
Exports
$21.8MWorld Rnk 73 / 152
Flag Rnk 216 / 1171
2022
PRODUCT COMPLEXITY IN Raw Aluminium
-1.12Rnk 859 / 1025
2022
Imports
$223MWorld Rnk 44 / 187
Flag Rnk 28 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $21.8M in Raw Aluminium, making it the 73rd largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 216th most exported product in Serbia. The main destination of Raw Aluminium exports from Serbia are: Slovakia ($7.61M), Romania ($3.89M), Bosnia and Herzegovina ($3.12M), Germany ($1.95M), and Slovenia ($1.16M).

The fastest growing export markets for Raw Aluminium of Serbia between 2021 and 2022 were Slovakia ($3.17M), Romania ($1.52M), and Germany ($1.36M).

Imports In 2022, Serbia imported $223M in Raw Aluminium, becoming the 44th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 28th most imported product in Serbia. Serbia imports Raw Aluminium primarily from: India ($40.4M), Bahrain ($29.8M), Romania ($29.4M), Greece ($27.9M), and Oman ($17M).

The fastest growing import markets in Raw Aluminium for Serbia between 2021 and 2022 were India ($28.7M), Romania ($23.7M), and Oman ($13.4M).

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 Raw Aluminium. 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)$21.8M
IMPORTS (2022)$223M
NET TRADE (2022)-$201M

In 2022, Serbia exported $21.8M in Raw Aluminium. The main destinations of Serbia exports on Raw Aluminium were Slovakia ($7.61M), Romania ($3.89M), Bosnia and Herzegovina ($3.12M), Germany ($1.95M), and Slovenia ($1.16M).

In 2022, Serbia imported $223M in Raw Aluminium, mainly from India ($40.4M), Bahrain ($29.8M), Romania ($29.4M), Greece ($27.9M), and Oman ($17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Slovakia$3.17M (71.5%)
Romania$1.52M (63.7%)
Germany$1.36M (230%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Serbia WERE (2021 - 2022):
Hungary-$2.33M (-75.5%)
Bosnia and Herzegovina-$1.73M (-35.7%)
Croatia-$842k (-69.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Raw Aluminium were:
Canada $9.37B
India $8.44B
Russia $8.16B
In 2022, Serbia's main importing competitors in Raw Aluminium were:

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.64M
TOP IMPORT POTENTIALRussia+ $15.2M

Raw Aluminium’s highest export potential is Germany. With an export gap of $2.64M.   Raw Aluminium’s highest import potential is Russia with an import gap of $15.2M.

See methodology.

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