HS Icon Rubber Belting in  Flag Serbia

2020
Exports | Imports
: $6.63M | $14.2M, World Rnk 42 / 191
Flag Rnk 331 / 1158 | World Rnk 63 / 222
Flag Rnk 346 / 1196

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.26M | $1.11M, North Macedonia |  Poland

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

2020
PRODUCT COMPLEXITY  IN Rubber Belting
: 0.65, Rnk 306 / 1029

Exports In 2020, Serbia exported $6.63M in Rubber Belting, making it the 42nd largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 331st most exported product in Serbia. The main destination of Rubber Belting exports from Serbia are: North Macedonia ($2.26M), Hungary ($1.15M), Bosnia and Herzegovina ($825k), Ukraine ($764k), and Turkey ($761k).

The fastest growing export markets for Rubber Belting of Serbia between 2019 and 2020 were North Macedonia ($1.26M), Turkey ($594k), and Poland ($143k).

Imports In 2020, Serbia imported $14.2M in Rubber Belting, becoming the 63rd largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 346th most imported product in Serbia. Serbia imports Rubber Belting primarily from: Germany ($2.93M), Poland ($2.32M), China ($1.82M), Hungary ($983k), and Italy ($878k).

The fastest growing import markets in Rubber Belting for Serbia between 2019 and 2020 were Poland ($1.11M), Bulgaria ($324k), and United States ($105k).

Tariffs In 2018, the average tariff for Serbia in Rubber Belting was 6.65%. The countries with the highest import tariffs for Rubber Belting were Angola (Most Favoured Nation duty rate treatement, 7.9%), Burundi (Most Favoured Nation duty rate treatement, 7.9%), Benin (Most Favoured Nation duty rate treatement, 7.9%), Burkina Faso (Most Favoured Nation duty rate treatement, 7.9%), and Botswana (Most Favoured Nation duty rate treatement, 7.9%).

Subnational Monthly Trade

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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

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EXPORTS (2020): $6.63M

IMPORTS (2020): $14.2M

NET TRADE (2020): -$7.55M

In 2020, Serbia exported $6.63M in Rubber Belting. The main destinations of Serbia exports on Rubber Belting were North Macedonia ($2.26M), Hungary ($1.15M), Bosnia and Herzegovina ($825k), Ukraine ($764k), and Turkey ($761k).

In 2020, Serbia imported $14.2M in Rubber Belting, mainly from Germany ($2.93M), Poland ($2.32M), China ($1.82M), Hungary ($983k), and Italy ($878k).

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THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR Serbia WERE (2019 - 2020):

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

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Market Concentration

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In 2020, Serbia's main exporting competitors in Rubber Belting were:

In 2020, Serbia's main importing competitors in Rubber Belting were:

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