2022
Exports
$6.72MWorld Rnk 45 / 202
Flag Rnk 364 / 1171
2022
PRODUCT COMPLEXITY IN Rubber Belting
0.48Rnk 373 / 1025
2022
Imports
$23MWorld Rnk 55 / 224
Flag Rnk 314 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $6.72M in Rubber Belting, making it the 45th largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 364th most exported product in Serbia. The main destination of Rubber Belting exports from Serbia are: Turkey ($1.5M), Greece ($1.37M), Bosnia and Herzegovina ($1.07M), Germany ($698k), and Slovakia ($597k).

The fastest growing export markets for Rubber Belting of Serbia between 2021 and 2022 were Greece ($1.37M), Germany ($580k), and Slovakia ($544k).

Imports In 2022, Serbia imported $23M in Rubber Belting, becoming the 55th largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 314th most imported product in Serbia. Serbia imports Rubber Belting primarily from: China ($4.79M), Poland ($4.02M), Germany ($3.34M), Bulgaria ($2.44M), and Turkey ($2.24M).

The fastest growing import markets in Rubber Belting for Serbia between 2021 and 2022 were China ($2.09M), Turkey ($1.08M), and Poland ($792k).

Latest Trends

Sep 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 Rubber Belting. 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)$6.72M
IMPORTS (2022)$23M
NET TRADE (2022)-$16.3M

In 2022, Serbia exported $6.72M in Rubber Belting. The main destinations of Serbia exports on Rubber Belting were Turkey ($1.5M), Greece ($1.37M), Bosnia and Herzegovina ($1.07M), Germany ($698k), and Slovakia ($597k).

In 2022, Serbia imported $23M in Rubber Belting, mainly from China ($4.79M), Poland ($4.02M), Germany ($3.34M), Bulgaria ($2.44M), and Turkey ($2.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Greece$1.37M (691k%)
Germany$580k (495%)
Slovakia$544k (1.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY Serbia WERE (2021 - 2022):
Hungary-$391k (-40.7%)
Finland-$324k (-100%)
France-$125k (-97.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Rubber Belting were:
In 2022, Serbia's main importing competitors in Rubber Belting were:

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Trade Value of Rubber Belting by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $656k
TOP IMPORT POTENTIALChina+ $1.37M

Rubber Belting’s highest export potential is Germany. With an export gap of $656k.   Rubber Belting’s highest import potential is China with an import gap of $1.37M.

See methodology.

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