Overview: 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.