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Pricing

2022
ExportsfalseWorld Rnk 61 / 199
Flag Rnk 424 / 1171
2021 - 2022
FASTEST GROWING MARKET $603kRussia
2022
PRODUCT COMPLEXITY IN Special Pharmaceuticals0.61Rnk 321 / 1025
2022
Origin $1.63M Slovenia
2021 - 2022
FASTEST GROWING ORIGIN $1.63MGermany
2022
ECONOMIC COMPLEXITY of Serbia0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $4.39M in Special Pharmaceuticals, making it the 61st largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 424th most exported product in Serbia. The main destination of Special Pharmaceuticals exports from Serbia are: Slovenia ($1.61M), Bosnia and Herzegovina ($1.23M), Russia ($603k), Montenegro ($383k), and Poland ($151k).

The fastest growing export markets for Special Pharmaceuticals of Serbia between 2021 and 2022 were Russia ($603k), Bosnia and Herzegovina ($219k), and Poland ($151k).

The fastest growing import markets in Special Pharmaceuticals for Serbia between 2021 and 2022 were Germany ($1.63M), Belgium ($1.25M), and Norway ($528k).

Latest Trends

Aug 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 Special Pharmaceuticals. 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)$4.39M

In 2022, Serbia exported $4.39M in Special Pharmaceuticals. The main destinations of Serbia exports on Special Pharmaceuticals were Slovenia ($1.61M), Bosnia and Herzegovina ($1.23M), Russia ($603k), Montenegro ($383k), and Poland ($151k).

In N/A, Serbia imported N/A in Special Pharmaceuticals, mainly from Slovenia ($7.55M), Germany ($3.38M), Belgium ($2.64M), United States ($1.41M), and Switzerland ($1.23M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Russia$603k (1%)
Bosnia and Herzegovina$219k (21.7%)
Poland$151k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Serbia WERE (2021 - 2022):
Slovenia-$168k (-9.41%)
Bulgaria-$45.6k (-79.8%)
Vietnam-$32.8k (-90.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Special Pharmaceuticals were:
Germany $3.23B
United States $1.77B
Netherlands $1.25B
In 2022, Serbia's main importing competitors in Special Pharmaceuticals were:
United States $3.52B
Belgium $1.22B
China $1.01B

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Trade Value of Special Pharmaceuticals by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $437k
TOP IMPORT POTENTIALHungary+ $2.1M

Special Pharmaceuticals’s highest export potential is Russia. With an export gap of $437k.   Special Pharmaceuticals’s highest import potential is Hungary with an import gap of $2.1M.

See methodology.

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