2022
Exports
$917MWorld Rnk 27 / 203
Flag Rnk 4 / 1171
2022
PRODUCT COMPLEXITY IN Rubber Tires
0.16Rnk 500 / 1025
2022
Imports
$153MWorld Rnk 78 / 225
Flag Rnk 56 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $917M in Rubber Tires, making it the 27th largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 4th most exported product in Serbia. The main destination of Rubber Tires exports from Serbia are: Spain ($107M), Italy ($94M), United Kingdom ($83.9M), France ($82.8M), and Poland ($70.1M).

The fastest growing export markets for Rubber Tires of Serbia between 2021 and 2022 were United States ($25.2M), Germany ($20.8M), and Spain ($20.5M).

Imports In 2022, Serbia imported $153M in Rubber Tires, becoming the 78th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 56th most imported product in Serbia. Serbia imports Rubber Tires primarily from: China ($30.7M), Slovenia ($21.2M), Hungary ($19.1M), Turkey ($17.8M), and Croatia ($10.1M).

The fastest growing import markets in Rubber Tires for Serbia between 2021 and 2022 were Hungary ($3.57M), Turkey ($3.11M), and Japan ($2.42M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$917M
IMPORTS (2022)$153M
NET TRADE (2022)$764M

In 2022, Serbia exported $917M in Rubber Tires. The main destinations of Serbia exports on Rubber Tires were Spain ($107M), Italy ($94M), United Kingdom ($83.9M), France ($82.8M), and Poland ($70.1M).

In 2022, Serbia imported $153M in Rubber Tires, mainly from China ($30.7M), Slovenia ($21.2M), Hungary ($19.1M), Turkey ($17.8M), and Croatia ($10.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
United States$25.2M (59.4%)
Germany$20.8M (53%)
Spain$20.5M (23.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY Serbia WERE (2021 - 2022):
Russia-$66.7M (-81.6%)
Switzerland-$2.18M (-35%)
Tunisia-$2.02M (-98%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $58.2M
TOP IMPORT POTENTIALChina+ $14.5M

Rubber Tires’s highest export potential is United States. With an export gap of $58.2M.   Rubber Tires’s highest import potential is China with an import gap of $14.5M.

See methodology.

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