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2023
Flag → Flag
Exports $545MRnk 102 / 220
2023
Flag → Flag
Top Product $34.8MCoal Briquettes
2023
Flag → Flag
Exports $707MRnk 17 / 184
2023
Flag → Flag
Top Product $121MRubber Tires
2023
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Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
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Economic Complexity (ECI) ECI 0.76Rnk 35 / 132
2023
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GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
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GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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 GDP$81.3BCURRENT US$
Rnk 77 / 195
2013-2023
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GDP GROWTH61.2%CURRENT US$
Rnk 53 / 195
2023
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GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
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GDP PC$12,282CURRENT US$
Rnk 82 / 196
2013-2023
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GDP PC GROWTH74.4%CURRENT US$
Rnk 20 / 195

About

United States-Serbia Trade: In 2023, United States exported $545M to Serbia. The main products that United States exported to Serbia were Coal Briquettes ($34.8M), Planes, Helicopters, and/or Spacecraft ($29.4M), and Medical Instruments ($25.3M). Over the past 5 years the exports of United States to Serbia have increased at an annualized rate of 4.81%, from $431M in 2018 to $545M in 2023.

In 2023, United States did not export any services to Serbia.

Serbia-United States Trade: In 2023, Serbia exported $707M to United States. The main products that Serbia exported to United States were Rubber Tires ($121M), Mattresses ($51M), and Explosive Ammunition ($48.4M). Over the past 5 years the exports of Serbia to United States have increased at an annualized rate of 16.5%,  from $330M in 2018 to $707M in 2023.

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.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Serbia ranked 35 in the Economic Complexity Index (ECI 0.76), and 69 in total exports ($32.6B).

Company data: In 2024, leading companies such as were at the forefront of exporting goods from Serbia to the United States. Conversely, were notable for importing products to Serbia from the United States.

Latest Trends

January, 2025

About

Overview In January 2025, United States exported $16.9M and imported $66.5M from Serbia, resulting in a negative trade balance of $49.7M. Between January 2024 and January 2025 the exports of United States have increased by $5.15M (44%) from $11.7M to $16.9M, while imports increased by $5.34M (8.73%) from $61.2M to $66.5M.

Trade In January 2025, the top exports of United States to Serbia were Aircraft parts (gliders, balloons, and powered... ($2.06M), Synthetic Rubber ($1.09M), Commodities not elsewhere specified ($1.03M), Other Paper Machinery ($425k), and Medical Instruments ($376k). In January 2025 the top imports of United States from Serbia were Rubber Tires ($5.96M), Air Pumps ($5.34M), Frozen Fruits and Nuts ($3.83M), Animal Food ($3.43M), and Explosive Ammunition ($2.71M).

Origins In January 2025 the exports of United States were mainly from Indiana ($3.58M), Kentucky ($1.66M), California ($1.48M), Texas ($1.47M), and North Carolina ($1.26M), while imports destinations were mainly Georgia ($23.1M), Tennessee ($6.08M), Florida ($4.19M), Illinois ($4.17M), and South Carolina ($3.82M).

Growth In January 2025, the increase in United States's year-by-year exports to Serbia was explained primarily by an increase in product exports in Motor vehicles; parts and accessories (8701... ($224k or 6k%), Vinyl Chloride Polymers ($176k or 99%), and Electrical Capacitors ($153k or 805%). In January 2025, the increase in United States's year-by-year imports  from Serbia was explained primarily by an increase in product imports  in Air Pumps ($4.28M or 404%), Animal Food ($2.66M or 344%), and Chocolate ($2.13M or 1.3k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2024 - January 2025)$5.15M(44%)
IMPORT GROWTH (January 2024 - January 2025)$5.34M(8.73%)
MAIN EXPORTER (January 2025)Indiana$3.58M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Serbia and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Serbia and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $545M to Serbia. The main products exported from United States to Serbia were Coal Briquettes ($34.8M), Planes, Helicopters, and/or Spacecraft ($29.4M), and Medical Instruments ($25.3M). During the last 5 years the exports of United States to Serbia have increased at an annualized rate of 4.81%, from $431M in 2018 to $545M in 2023.

In 2018, Serbia exported $707M to United States. The main products exported from Serbia to United States were Rubber Tires ($121M), Mattresses ($51M), and Explosive Ammunition ($48.4M). During the last 5 years the exports of Serbia to United States have increased at an annualized rate of 16.5%, from $330M in 2023 to $707M in 2018.

Exports from United States (Flag) to Serbia (Flag) (2023)

Exports from Serbia (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Serbia
Top DestinationGermany$4.76B

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

In 2023, countries that imported more from United States than Serbia included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Serbia than United States included Bosnia and Herzegovina ($1.77B), Montenegro ($995M), and North Macedonia ($932M).

Difference in imports from Serbia (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Serbia

Flow
Scale

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

During 2023, United States had a large net trade with Serbia in the exports of Machines ($145M), Transportation ($83.3M), and Chemical Products ($75.5M).

During 2018, Serbia had a large net trade with United States in the exports of Machines ($223M), Plastics and Rubbers ($139M), and Miscellaneous ($64.8M).

Potential Exports

Potential Exports

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

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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Bilateral Service Trade

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.

Service trade data is presented based on availability.

Services Exports from Serbia (Flag) to United States (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Serbia (Flag) (2023)

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