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ExportsSerbia-India Trade: In 2022, Serbia exported $18.9M to India. The main products that Serbia exported to India were Apples and Pears ($3.35M), Seats ($2.07M), and Low-voltage Protection Equipment ($1.11M). Over the past 5 years the exports of Serbia to India have decreased at an annualized rate of 5.03%, from $24.5M in 2017 to $18.9M in 2022.
In 2019, Serbia exported services to India worth $13.4M, with Travel ($5.6M), Personal, cultural, and recreational services ($4.48M), and Other business services ($2.24M) being the largest in terms of value.
India-Serbia Trade: In 2022, India exported $231M to Serbia. The main products that India exported to Serbia were Raw Aluminium ($40.4M), Ferroalloys ($21.5M), and Nitrogen Heterocyclic Compounds ($8.71M). Over the past 5 years the exports of India to Serbia have increased at an annualized rate of 9.43%, from $147M in 2017 to $231M in 2022.
In 2022, India did not export any services to Serbia.
Comparison: In 2022, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).
