2023
Flag  
GDP
$81.3BCURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP GROWTH
61.2%CURRENT US$
Rnk 53 / 195
2023
Flag
 GDP
$213BCURRENT US$
Rnk 55 / 195
2013-2023
Flag
GDP GROWTH
7.18%CURRENT US$
Rnk 163 / 195
2023
Flag
GDP PC 
$12,282CURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP PC GROWTH
74.4%CURRENT US$
Rnk 20 / 195
2023
Flag
GDP PC
$80,196CURRENT US$
Rnk 10 / 196
2013-2023
Flag
GDP PC GROWTH
-22.7%CURRENT US$
Rnk 182 / 195

About

Serbia-Qatar Trade: In 2023, Serbia exported $12.3M to Qatar. The main products that Serbia exported to Qatar were Refined Petroleum ($3.48M), Apples and Pears ($2.57M), and Forage Crops ($1.08M). Over the past 5 years the exports of Serbia to Qatar have increased at an annualized rate of 6.58%, from $8.95M in 2018 to $12.3M in 2023.

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 2023, Qatar exported $6.15M to Serbia. The main products that Qatar exported to Serbia were Acyclic Hydrocarbons ($3.06M), Ethylene Polymers ($2.61M), and Petroleum Gas ($150k). Over the past 5 years the exports of Qatar to Serbia have increased at an annualized rate of 64.3%,  from $513k in 2018 to $6.15M in 2023.

In 2023, Qatar 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, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Serbia exported $12.3M to Qatar. The main products exported from Serbia to Qatar were Refined Petroleum ($3.48M), Apples and Pears ($2.57M), and Forage Crops ($1.08M). During the last 5 years the exports of Serbia to Qatar have increased at an annualized rate of 6.58%, from $8.95M in 2018 to $12.3M in 2023.

In 2018, Qatar exported $6.15M to Serbia. The main products exported from Qatar to Serbia were Acyclic Hydrocarbons ($3.06M), Ethylene Polymers ($2.61M), and Petroleum Gas ($150k). During the last 5 years the exports of Qatar to Serbia have increased at an annualized rate of 64.3%, from $513k in 2023 to $6.15M in 2018.

Exports from Serbia (Flag) to Qatar (Flag) (2023)

Exports from Qatar (Flag) to Serbia (Flag) (2023)

Latest Data

Trade between Serbia (Flag) and Qatar (Flag)

Serbia Exports

Qatar Exports

Market Competitiveness

Color
Serbia
Top Destination
Germany$4.76B
Qatar
Top Destination
China$20.9B

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 2023, countries that imported more from Serbia than Qatar included Germany ($4.76B), Hungary ($2.26B), and Bosnia and Herzegovina ($1.77B).

In 2023, countries that imported more from Qatar than Serbia included China ($20.9B), India ($12.9B), and South Korea ($12.1B).

Difference in imports from Qatar (Flag) and Serbia (Flag) (2023)

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 2023, Serbia had a large net trade with Qatar in the exports of Vegetable Products ($3.96M), Mineral Products ($3.48M), and Machines ($1.18M).

During 2018, Qatar had a large net trade with Serbia in the exports of Chemical Products ($3.06M), Plastics and Rubbers ($2.68M), and Mineral Products ($186k).

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) (2023)

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