Israel-Serbia Trade: In 2022, Israel exported $36.8M to Serbia. The main products that Israel exported to Serbia were Pesticides ($6.81M), Medical Instruments ($2.47M), and X-Ray Equipment ($2.14M). Over the past 5 years the exports of Israel to Serbia have increased at an annualized rate of 3.22%, from $31.4M in 2017 to $36.8M in 2022.
In 2022, Israel did not export any services to Serbia.
Serbia-Israel Trade: In 2022, Serbia exported $88.8M to Israel. The main products that Serbia exported to Israel were Rolled Tobacco ($26.3M), Gas Turbines ($8.95M), and Rubber Tires ($7.7M). Over the past 5 years the exports of Serbia to Israel have increased at an annualized rate of 25.9%, from $28M in 2017 to $88.8M in 2022.
In 2009, Serbia exported services to Israel worth $6.16M, with Other business services ($2.51M), Travel ($1.08M), and Transportation ($712k) being the largest in terms of value.
Comparison: In 2022, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). That same year, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).