Overview: This page contains the latest international trade data for Serbia, including service trade data, and tariffs. In 2018 Serbia was the number 85 economy in the world in terms of GDP (current US$), the number 74 in total exports, the number 70 in total imports, and the number 38 most complex economy according to the Economic Complexity Index (ECI). In 2018, Serbia exported $19.7B and imported $26.6B, resulting in a negative trade balance of -$6.94B. In 2018, Serbia's exports per capita were $2.82k and its imports per capita were $3.81k.
Trade: The top exports of Serbia are Insulated Wire ($1.31B), Cars ($897M), Rubber Tires ($732M), Hot-Rolled Iron ($609M), and Electric Motors ($441M). The top imports of Serbia are Crude Petroleum ($1.43B), Packaged Medicaments ($1.15B), Cars ($857M), Petroleum Gas ($646M), and Refined Petroleum ($566M).
Destinations: Serbia exports mostly to Italy ($2.37B), Germany ($2.31B), Bosnia and Herzegovina ($1.51B), Romania ($1.14B), and Russia ($1.05B), and imports mostly from Germany ($3.44B), Italy ($2.14B), Russia ($1.92B), Hungary ($1.62B), and China ($1.22B).
Location: Serbia borders Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Hungary, North Macedonia, Montenegro, and Romania by land.