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Pricing

2022
Flag → Flag
Exports $597MRnk 19 / 174
2022
Flag → Flag
Top Product $67.6MRubber Tires
2022
Flag → Flag
Exports $580MRnk 98 / 219
2022
Flag → Flag
Top Product $226MPlanes, Helicopters, and/or Spacecraft
2022
Flag
Economic Complexity (ECI) ECI 0.75Rnk 36 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP GROWTH46.6%CURRENT US$
Rnk 71 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $9,394CURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP PC GROWTH56.1%CURRENT US$
Rnk 32 / 186
2022
Flag
GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Serbia-United States Trade: In 2022, Serbia exported $597M to United States. The main products that Serbia exported to United States were Rubber Tires ($67.6M), Explosive Ammunition ($43.5M), and Engine Parts ($42.2M). Over the past 5 years the exports of Serbia to United States have increased at an annualized rate of 16.7%, from $276M in 2017 to $597M in 2022.

In 2019, Serbia exported services to United States worth $658M, with Computer and information services ($321M), Other business services ($182M), and Travel ($78.4M) being the largest in terms of value.

United States-Serbia Trade: In 2022, United States exported $580M to Serbia. The main products that United States exported to Serbia were Planes, Helicopters, and/or Spacecraft ($226M), Raw Plastic Sheeting ($20.3M), and Cars ($17.3M). Over the past 5 years the exports of United States to Serbia have increased at an annualized rate of 22.2%,  from $213M in 2017 to $580M in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Serbia exported $597M to United States. The main products exported from Serbia to United States were Rubber Tires ($67.6M), Explosive Ammunition ($43.5M), and Engine Parts ($42.2M). During the last 5 years the exports of Serbia to United States have increased at an annualized rate of 16.7%, from $276M in 2017 to $597M in 2022.

In 2017, United States exported $580M to Serbia. The main products exported from United States to Serbia were Planes, Helicopters, and/or Spacecraft ($226M), Raw Plastic Sheeting ($20.3M), and Cars ($17.3M). During the last 5 years the exports of United States to Serbia have increased at an annualized rate of 22.2%, from $213M in 2022 to $580M in 2017.

Exports from Serbia (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Serbia (Flag) (2022)

Latest Data

Trade between Serbia (Flag) and United States (Flag)

Serbia Exports

United States Exports

Market Competitiveness

Color
Serbia
Top DestinationGermany$4B
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Serbia than United States included Bosnia and Herzegovina ($2.14B), Montenegro ($1.15B), and North Macedonia ($1.03B).

In 2022, countries that imported more from United States than Serbia included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Serbia (Flag) (2022)

Comparative Advantage Serbia - United States

Flow
Scale

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

During 2022, Serbia had a large net trade with United States in the exports of Machines ($185M), Plastics and Rubbers ($83.8M), and Metals ($72M).

During 2017, United States had a large net trade with Serbia in the exports of Transportation ($256M), Machines ($93.2M), and Plastics and Rubbers ($60.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Serbia United States+$58.2MRubber Tires
Top Product Potential United States Serbia+$31.1MCars

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 United States. This means that a dot/product with the flag of Serbia indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Serbia.

Product Space of Serbia (Flag) and United States (Flag) (2022)

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