Serbia / Portugal

Serbia-Portugal Trade: In 2023, Serbia exported $48.5M to Portugal. The main products that Serbia exported to Portugal were Rubber Tires ($8.05M), Rubber Pipes ($5.44M), and Other Leather Articles ($4.7M). Over the past 5 years the exports of Serbia to Portugal have increased at an annualized rate of 21.8%, from $18.1M in 2018 to $48.5M in 2023.

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 2023, Portugal exported $101M to Serbia. The main products that Portugal exported to Serbia were Insulated Wire ($14.5M), Plastic Coated Textile Fabric ($14.1M), and Tanned Equine and Bovine Hides ($4.99M). Over the past 5 years the exports of Portugal to Serbia have increased at an annualized rate of 10.7%,  from $60.9M in 2018 to $101M in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).