Serbia / Italy

Serbia-Italy Trade: In 2022, Serbia exported $2.1B to Italy. The main products that Serbia exported to Italy were Footwear Parts ($111M), Wheat ($97.4M), and Rubber Tires ($94M). Over the past 5 years the exports of Serbia to Italy have decreased at an annualized rate of 1.34%, from $2.25B in 2017 to $2.1B in 2022.

In 2019, Serbia exported services to Italy worth $193M, with Transportation ($64.9M), Other business services ($59.3M), and Travel ($28M) being the largest in terms of value.

Italy-Serbia Trade: In 2022, Italy exported $2.53B to Serbia. The main products that Italy exported to Serbia were Tanned Equine and Bovine Hides ($142M), Packaged Medicaments ($65M), and Plastic Pipes ($45.4M). Over the past 5 years the exports of Italy to Serbia have increased at an annualized rate of 5.25%,  from $1.96B in 2017 to $2.53B in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).