Serbia / Portugal

Serbia-Portugal Trade: In 2022, Serbia exported $46M to Portugal. The main products that Serbia exported to Portugal were Rubber Tires ($10M), Cleaning Products ($5.85M), and Low-voltage Protection Equipment ($3.37M). Over the past 5 years the exports of Serbia to Portugal have increased at an annualized rate of 16.8%, from $21.2M in 2017 to $46M in 2022.

In 2019, Serbia exported services to Portugal worth $7.84M, with Travel ($3.36M), Other business services ($2.24M), and Transportation ($1.12M) being the largest in terms of value.

Portugal-Serbia Trade: In 2022, Portugal exported $67.3M to Serbia. The main products that Portugal exported to Serbia were Insulated Wire ($9.47M), Processed Tomatoes ($6.03M), and Plastic Coated Textile Fabric ($5.4M). Over the past 5 years the exports of Portugal to Serbia have increased at an annualized rate of 9.47%,  from $42.8M in 2017 to $67.3M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).