Serbia / Spain

Serbia-Spain Trade: In 2023, Serbia exported $457M to Spain. The main products that Serbia exported to Spain were Rubber Tires ($85.8M), Copper Ore ($49.6M), and Seats ($25.5M). Over the past 5 years the exports of Serbia to Spain have increased at an annualized rate of 11.4%, from $266M in 2018 to $457M in 2023.

In 2019, Serbia exported services to Spain worth $67.2M, with Travel ($26.9M), Other business services ($19M), and Transportation ($7.84M) being the largest in terms of value.

Spain-Serbia Trade: In 2023, Spain exported $674M to Serbia. The main products that Spain exported to Serbia were Pig Meat ($97.2M), Planes, Helicopters, and/or Spacecraft ($71.2M), and Non-fillet Frozen Fish ($16M). Over the past 5 years the exports of Spain to Serbia have increased at an annualized rate of 11.2%,  from $396M in 2018 to $674M in 2023.

In 2023, Spain did not export any services to Serbia.

Comparison: In 2023,  Serbia ranked 35 in the Economic Complexity Index (ECI 0.76), and 69 in total exports ($32.6B). That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).