2022
Flag  
GDP
$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP GROWTH
46.6%CURRENT US$
Rnk 71 / 186
2022
Flag
 GDP
$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH
67.8%CURRENT US$
Rnk 31 / 186
2022
Flag
GDP PC 
$9,394CURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP PC GROWTH
56.1%CURRENT US$
Rnk 32 / 186
2022
Flag
GDP PC
$1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH
43.9%CURRENT US$
Rnk 43 / 186

About

Serbia-Pakistan Trade: In 2022, Serbia exported $20.6M to Pakistan. The main products that Serbia exported to Pakistan were Wheat ($18.8M), Hot-Rolled Iron ($333k), and Other Measuring Instruments ($264k). Over the past 5 years the exports of Serbia to Pakistan have increased at an annualized rate of 59.3%, from $2.01M in 2017 to $20.6M in 2022.

In 2009, Serbia exported services to Pakistan worth $128k, with Other business services ($88.7k), Transportation ($20.7k), and Personal, cultural, and recreational services ($15.1k) being the largest in terms of value.

Pakistan-Serbia Trade: In 2022, Pakistan exported $24M to Serbia. The main products that Pakistan exported to Serbia were House Linens ($7.04M), Non-Knit Men's Suits ($3.5M), and Knit Sweaters ($1.76M). Over the past 5 years the exports of Pakistan to Serbia have decreased at an annualized rate of 6.52%,  from $33.6M in 2017 to $24M in 2022.

In 2022, Pakistan 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, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Serbia exported $20.6M to Pakistan. The main products exported from Serbia to Pakistan were Wheat ($18.8M), Hot-Rolled Iron ($333k), and Other Measuring Instruments ($264k). During the last 5 years the exports of Serbia to Pakistan have increased at an annualized rate of 59.3%, from $2.01M in 2017 to $20.6M in 2022.

In 2017, Pakistan exported $24M to Serbia. The main products exported from Pakistan to Serbia were House Linens ($7.04M), Non-Knit Men's Suits ($3.5M), and Knit Sweaters ($1.76M). During the last 5 years the exports of Pakistan to Serbia have decreased at an annualized rate of 6.52%, from $33.6M in 2022 to $24M in 2017.

Exports from Serbia (Flag) to Pakistan (Flag) (2022)

Exports from Pakistan (Flag) to Serbia (Flag) (2022)

Latest Data

Trade between Serbia (Flag) and Pakistan (Flag)

Serbia Exports

Pakistan Exports

Market Competitiveness

Color
Serbia
Top Destination
Germany$4B
Pakistan
Top Destination
United States$6.47B

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

In 2022, countries that imported more from Serbia than Pakistan included Bosnia and Herzegovina ($2.14B), Hungary ($1.69B), and Romania ($1.31B).

In 2022, countries that imported more from Pakistan than Serbia included United States ($6.47B), United Arab Emirates ($2.58B), and United Kingdom ($2.41B).

Difference in imports from Pakistan (Flag) and Serbia (Flag) (2022)

Comparative Advantage Serbia - Pakistan

Flow
Scale

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

During 2022, Serbia had a large net trade with Pakistan in the exports of Vegetable Products ($18.8M), Metals ($418k), and Instruments ($395k).

During 2017, Pakistan had a large net trade with Serbia in the exports of Textiles ($19.6M), Vegetable Products ($1.48M), and Animal Hides ($804k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Serbia Pakistan+$2.46MWheat
Top Product Potential Pakistan Serbia+$3.44MNon-Knit Men's Suits

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Serbia (Flag) and Pakistan (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with