2018
Exports
$1.91MWorld Rnk 65 / 177
Flag Rnk 545 / 1171
2022
PRODUCT COMPLEXITY IN Bandages
0.96Rnk 187 / 1025
2018
Imports
$11.1MWorld Rnk 73 / 221
Flag Rnk 459 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2018, Serbia exported $1.91M in Bandages, making it the 65th largest exporter of Bandages in the world. At the same year, Bandages was the 545th most exported product in Serbia. The main destination of Bandages exports from Serbia are: Montenegro ($680k), Bosnia and Herzegovina ($635k), North Macedonia ($233k), Bulgaria ($86.5k), and Lebanon ($72k).

The fastest growing export markets for Bandages of Serbia between 2021 and 2022 were Lebanon ($72k), North Macedonia ($47.8k), and Bulgaria ($45.1k).

Imports In 2022, Serbia imported $11.1M in Bandages, becoming the 73rd largest importer of Bandages in the world. At the same year, Bandages was the 459th most imported product in Serbia. Serbia imports Bandages primarily from: China ($2.53M), Poland ($1.26M), Germany ($1.03M), United States ($974k), and Austria ($924k).

The fastest growing import markets in Bandages for Serbia between 2021 and 2022 were China ($1.42M), Slovenia ($295k), and Netherlands ($236k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bandages. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.91M
IMPORTS (2022)$11.1M
NET TRADE (2022)-$9.2M

In 2022, Serbia exported $1.91M in Bandages. The main destinations of Serbia exports on Bandages were Montenegro ($680k), Bosnia and Herzegovina ($635k), North Macedonia ($233k), Bulgaria ($86.5k), and Lebanon ($72k).

In 2022, Serbia imported $11.1M in Bandages, mainly from China ($2.53M), Poland ($1.26M), Germany ($1.03M), United States ($974k), and Austria ($924k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bandages EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Lebanon$72k (1%)
North Macedonia$47.8k (25.8%)
Bulgaria$45.1k (109%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bandages BY Serbia WERE (2021 - 2022):
Montenegro-$61.4k (-8.28%)
France-$53.3k (-74.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Bandages were:
In 2022, Serbia's main importing competitors in Bandages were:

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Trade Value of Bandages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRomania+ $62k
TOP IMPORT POTENTIALChina+ $1.31M

Bandages’s highest export potential is Romania. With an export gap of $62k.   Bandages’s highest import potential is China with an import gap of $1.31M.

See methodology.

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