2022
Flag  
GDP
$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP GROWTH
46.6%CURRENT US$
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2022
Flag
 GDP
$237BCURRENT US$
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2012-2022
Flag
GDP GROWTH
27%CURRENT US$
Rnk 105 / 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
$88,046CURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP PC GROWTH
-10.2%CURRENT US$
Rnk 163 / 186

About

Serbia-Qatar Trade: In 2022, Serbia exported $12.6M to Qatar. The main products that Serbia exported to Qatar were Refined Petroleum ($3.25M), Apples and Pears ($2.08M), and Forage Crops ($1.03M). Over the past 5 years the exports of Serbia to Qatar have increased at an annualized rate of 8.55%, from $8.38M in 2017 to $12.6M in 2022.

In 2009, Serbia exported services to Qatar worth $3.07M, with Other business services ($2.35M), Workers' remittances ($611k), and Computer and information services ($34.7k) being the largest in terms of value.

Qatar-Serbia Trade: In 2022, Qatar exported $6.71M to Serbia. The main products that Qatar exported to Serbia were Acyclic Hydrocarbons ($3.99M), Hydrogen ($1.53M), and Ethylene Polymers ($802k). Over the past 5 years the exports of Qatar to Serbia have increased at an annualized rate of 36.6%,  from $405k in 2017 to $6.71M in 2022.

In 2022, Qatar 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, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Serbia exported $12.6M to Qatar. The main products exported from Serbia to Qatar were Refined Petroleum ($3.25M), Apples and Pears ($2.08M), and Forage Crops ($1.03M). During the last 5 years the exports of Serbia to Qatar have increased at an annualized rate of 8.55%, from $8.38M in 2017 to $12.6M in 2022.

In 2017, Qatar exported $6.71M to Serbia. The main products exported from Qatar to Serbia were Acyclic Hydrocarbons ($3.99M), Hydrogen ($1.53M), and Ethylene Polymers ($802k). During the last 5 years the exports of Qatar to Serbia have increased at an annualized rate of 36.6%, from $405k in 2022 to $6.71M in 2017.

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

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

Latest Data

Trade between Serbia (Flag) and Qatar (Flag)

Serbia Exports

Qatar Exports

Market Competitiveness

Color
Serbia
Top Destination
Germany$4B
Qatar
Top Destination
China$21.1B

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

In 2022, countries that imported more from Serbia than Qatar included Germany ($4B), Bosnia and Herzegovina ($2.14B), and Hungary ($1.69B).

In 2022, countries that imported more from Qatar than Serbia included China ($21.1B), India ($17.4B), and Japan ($12B).

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

Comparative Advantage Serbia - Qatar

Flow
Scale

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

During 2022, Serbia had a large net trade with Qatar in the exports of Vegetable Products ($3.34M), Mineral Products ($3.25M), and Foodstuffs ($1.89M).

During 2017, Qatar had a large net trade with Serbia in the exports of Chemical Products ($5.52M), Plastics and Rubbers ($805k), and Mineral Products ($264k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Serbia Qatar+$1.72MRefined Petroleum
Top Product Potential Qatar Serbia+$1.75MPetroleum Gas

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.

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Economic Complexity

Competitive Landscape

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

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

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