Serbia / Romania

Serbia-Romania Trade: In 2022, Serbia exported $1.31B to Romania. The main products that Serbia exported to Romania were Corn ($130M), Electricity ($120M), and Insulated Wire ($103M). Over the past 5 years the exports of Serbia to Romania have increased at an annualized rate of 10.2%, from $805M in 2017 to $1.31B in 2022.

In 2019, Serbia exported services to Romania worth $91.8M, with Transportation ($36.9M), Travel ($28M), and Other business services ($17.9M) being the largest in terms of value.

Romania-Serbia Trade: In 2022, Romania exported $1.52B to Serbia. The main products that Romania exported to Serbia were Electricity ($457M), Refined Petroleum ($101M), and Hot-Rolled Iron ($52M). Over the past 5 years the exports of Romania to Serbia have increased at an annualized rate of 13.1%,  from $820M in 2017 to $1.52B in 2022.

In 2022, Romania 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).