Poland (POL) and Serbia (SRB) Trade | The Observatory of Economic Complexity

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Poland-Serbia Trade: In 2022, Poland exported $1.35B to Serbia. The main products that Poland exported to Serbia were Coke ($79.4M), Other Furniture ($37.3M), and Kaolin Coated Paper ($32.1M). Over the past 5 years the exports of Poland to Serbia have increased at an annualized rate of 6.53%, from $987M in 2017 to $1.35B in 2022.

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

Serbia-Poland Trade: In 2022, Serbia exported $980M to Poland. The main products that Serbia exported to Poland were Hot-Rolled Iron ($136M), Low-voltage Protection Equipment ($84.3M), and Rubber Tires ($70.1M). Over the past 5 years the exports of Serbia to Poland have increased at an annualized rate of 17.4%, from $439M in 2017 to $980M in 2022.

In 2019, Serbia exported services to Poland worth $89.6M, with Other business services ($36.9M), Transportation ($23.5M), and Travel ($16.8M) being the largest in terms of value.

Comparison: In 2022, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Poland exported $1.35B to Serbia. The main products exported from Poland to Serbia were Coke ($79.4M), Other Furniture ($37.3M), and Kaolin Coated Paper ($32.1M). During the last 5 years the exports of Poland to Serbia have increased at an annualized rate of 6.53%, from $987M in 2017 to $1.35B in 2022.

In 2017, Serbia exported $980M to Poland. The main products exported from Serbia to Poland were Hot-Rolled Iron ($136M), Low-voltage Protection Equipment ($84.3M), and Rubber Tires ($70.1M). During the last 5 years the exports of Serbia to Poland have increased at an annualized rate of 17.4%, from $439M in 2022 to $980M in 2017.

Exports from Poland () to Serbia () (2022)

Exports from Serbia () to Poland () (2022)

Latest Data

Trade between Poland () and Serbia ()

Poland Exports

Date

Serbia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Poland
Top DestinationGermany$93.1B

Serbia
Top DestinationGermany$4B

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

In 2022, countries that imported more from Poland than Serbia included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

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

Difference in imports from Serbia () and Poland () (2022)

Comparative Advantage Poland - Serbia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Poland had a large net trade with Serbia in the exports of Machines ($212M), Metals ($158M), and Plastics and Rubbers ($146M).

During 2017, Serbia had a large net trade with Poland in the exports of Machines ($271M), Metals ($257M), and Plastics and Rubbers ($113M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Poland Serbia+$20.6MMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Serbia Poland+$29.4MInsulated Wire

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

Srb Year

In 2019, Serbia exported services to Poland worth $89.6M, with Other business services ($36.9M), Transportation ($23.5M), and Travel ($16.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Serbia () to Poland () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Poland () to Serbia () (2022)

Exports from Serbia () to Poland () (2022)

Latest Data

Trade between Poland () and Serbia ()

Poland Exports

Serbia Exports

Market Competitiveness

Difference in imports from Serbia () and Poland () (2022)

Comparative Advantage Poland - Serbia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Serbia () to Poland () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Poland () and Serbia () (2022)

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