2022
Flag  
GDP
$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
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GDP GROWTH
3.7%CURRENT US$
Rnk 157 / 186
2022
Flag
 GDP
$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP GROWTH
46.6%CURRENT US$
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2022
Flag
GDP PC 
$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH
0.23%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC
$9,394CURRENT US$
Rnk 80 / 186
2012-2022
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GDP PC GROWTH
56.1%CURRENT US$
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About

France-Serbia Trade: In 2022, France exported $988M to Serbia. The main products that France exported to Serbia were Cars ($125M), Packaged Medicaments ($96.8M), and Planes, Helicopters, and/or Spacecraft ($64.5M). Over the past 5 years the exports of France to Serbia have increased at an annualized rate of 13.3%, from $530M in 2017 to $988M in 2022.

In 2022, France did not export any services to Serbia.

Serbia-France Trade: In 2022, Serbia exported $844M to France. The main products that Serbia exported to France were Rubber Tires ($82.8M), Motor vehicles; parts and accessories (8701 to 8705) ($60.6M), and Frozen Fruits and Nuts ($54.1M). Over the past 5 years the exports of Serbia to France have increased at an annualized rate of 8.62%,  from $514M in 2017 to $844M in 2022.

In 2019, Serbia exported services to France worth $166M, with Other business services ($53.7M), Computer and information services ($39.2M), and Travel ($28M) being the largest in terms of value.

Comparison: In 2022,  France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B). That same year, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, France exported $988M to Serbia. The main products exported from France to Serbia were Cars ($125M), Packaged Medicaments ($96.8M), and Planes, Helicopters, and/or Spacecraft ($64.5M). During the last 5 years the exports of France to Serbia have increased at an annualized rate of 13.3%, from $530M in 2017 to $988M in 2022.

In 2017, Serbia exported $844M to France. The main products exported from Serbia to France were Rubber Tires ($82.8M), Motor vehicles; parts and accessories (8701 to 8705) ($60.6M), and Frozen Fruits and Nuts ($54.1M). During the last 5 years the exports of Serbia to France have increased at an annualized rate of 8.62%, from $514M in 2022 to $844M in 2017.

Exports from France (Flag) to Serbia (Flag) (2022)

Exports from Serbia (Flag) to France (Flag) (2022)

Latest Data

Trade between France (Flag) and Serbia (Flag)

France Exports

Serbia Exports

Market Competitiveness

Color
France
Top Destination
Germany$78.3B
Serbia
Top Destination
Germany$4B

This map shows whether countries import more from France or Serbia. Each country is colored based on the difference in imports they receive from France and Serbia or the difference in the growth in imports.

In 2022, countries that imported more from France than Serbia included Germany ($78.3B), Italy ($56.4B), and United States ($50B).

In 2022, countries that imported more from Serbia than France included Bosnia and Herzegovina ($2.14B), Montenegro ($1.15B), and North Macedonia ($1.03B).

Difference in imports from Serbia (Flag) and France (Flag) (2022)

Comparative Advantage France - Serbia

Flow
Scale

This chart compares trade between France and Serbia by product, considering products traded by both, France and Serbia.

During 2022, France had a large net trade with Serbia in the exports of Transportation ($264M), Chemical Products ($201M), and Machines ($180M).

During 2017, Serbia had a large net trade with France in the exports of Plastics and Rubbers ($138M), Machines ($135M), and Metals ($112M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Serbia+$37.8MPackaged Medicaments
Top Product Potential Serbia France+$38.8MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2019, Serbia exported services to France worth $166M, with Other business services ($53.7M), Computer and information services ($39.2M), and Travel ($28M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Serbia (Flag) to France (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of France and Serbia. This means that a dot/product with the flag of France indicates it has a comparative advantage over Serbia. Similarly, a dot/product with the flag of Serbia indicates it has a comparative advantage over France.

Product Space of France (Flag) and Serbia (Flag) (2022)

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