United Kingdom-Serbia Trade: In 2022, United Kingdom exported $320M to Serbia. The main products that United Kingdom exported to Serbia were Gas Turbines ($40M), Large Construction Vehicles ($13.5M), and Hard Liquor ($10.2M). Over the past 5 years the exports of United Kingdom to Serbia have increased at an annualized rate of 6.98%, from $229M in 2017 to $320M in 2022.
In 2022, United Kingdom did not export any services to Serbia.
Serbia-United Kingdom Trade: In 2022, Serbia exported $530M to United Kingdom. The main products that Serbia exported to United Kingdom were Rubber Tires ($83.9M), Insulated Wire ($50.7M), and Frozen Fruits and Nuts ($39.6M). Over the past 5 years the exports of Serbia to United Kingdom have increased at an annualized rate of 9.71%, from $334M in 2017 to $530M in 2022.
In 2019, Serbia exported services to United Kingdom worth $667M, with Other business services ($213M), Computer and information services ($161M), and Transportation ($141M) being the largest in terms of value.
Comparison: In 2022, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).