2023
Flag  
GDP
$81.3BCURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP GROWTH
61.2%CURRENT US$
Rnk 53 / 195
2023
Flag
 GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 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
$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195

About

Serbia-Singapore Trade: In 2023, Serbia exported $32.3M to Singapore. The main products that Serbia exported to Singapore were N/A. Over the past 5 years the exports of Serbia to Singapore have increased at an annualized rate of 0.66%, from $31.2M in 2018 to $32.3M in 2023.

In 2019, Serbia exported services to Singapore worth $14.6M, with Other business services ($10.1M), Computer and information services ($2.24M), and Personal, cultural, and recreational services ($1.12M) being the largest in terms of value.

Singapore-Serbia Trade: In 2023, Singapore exported $22.9M to Serbia. The main products that Singapore exported to Serbia were Other Plastic Products ($2.42M), Orthopedic Appliances ($2.04M), and Semiconductor Devices ($1.98M). Over the past 5 years the exports of Singapore to Serbia have increased at an annualized rate of 6.65%,  from $16.6M in 2018 to $22.9M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Latest Data

Trade between Serbia (Flag) and Singapore (Flag)

Serbia Exports

Singapore Exports

Market Competitiveness

Color
Serbia
Top Destination
Germany$4.76B
Singapore
Top Destination
Hong Kong$44.5B

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

In 2023, countries that imported more from Serbia than Singapore included Bosnia and Herzegovina ($1.77B), Hungary ($2.26B), and Romania ($1.59B).

In 2023, countries that imported more from Singapore than Serbia included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Serbia Singapore+$2.3MLiquid Pumps
Top Product Potential Singapore Serbia+$3.24MIntegrated Circuits

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Serbia (Flag) and Singapore (Flag) (NaN)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with