2022
Exports
$82.8kWorld Rnk 80 / 131
Flag Rnk 956 / 1171
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt
-0.98Rnk 835 / 1025
2022
Imports
$937kWorld Rnk 72 / 189
Flag Rnk 906 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $82.8k in Bitumen and asphalt, making it the 80th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 956th most exported product in Serbia. The main destination of Bitumen and asphalt exports from Serbia are: Montenegro ($59.6k), Norway ($21.5k), Romania ($912), Bosnia and Herzegovina ($710), and France ($42).

The fastest growing export markets for Bitumen and asphalt of Serbia between 2021 and 2022 were Norway ($21.5k), Bosnia and Herzegovina ($710), and France ($42).

Imports In 2022, Serbia imported $937k in Bitumen and asphalt, becoming the 72nd largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 906th most imported product in Serbia. Serbia imports Bitumen and asphalt primarily from: Albania ($744k), Bosnia and Herzegovina ($156k), Netherlands ($14.2k), Germany ($10k), and United States ($5.07k).

The fastest growing import markets in Bitumen and asphalt for Serbia between 2021 and 2022 were Albania ($557k), Bosnia and Herzegovina ($115k), and Netherlands ($14.2k).

Latest Trends

Oct 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 Bitumen and asphalt. 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)$82.8k
IMPORTS (2022)$937k
NET TRADE (2022)-$855k

In 2022, Serbia exported $82.8k in Bitumen and asphalt. The main destinations of Serbia exports on Bitumen and asphalt were Montenegro ($59.6k), Norway ($21.5k), Romania ($912), Bosnia and Herzegovina ($710), and France ($42).

In 2022, Serbia imported $937k in Bitumen and asphalt, mainly from Albania ($744k), Bosnia and Herzegovina ($156k), Netherlands ($14.2k), Germany ($10k), and United States ($5.07k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Norway$21.5k (1%)
France$42 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Serbia WERE (2021 - 2022):
Montenegro-$352k (-85.5%)
Romania-$3.98k (-81.4%)
Malta-$1 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Bitumen and asphalt were:
In 2022, Serbia's main importing competitors in Bitumen and asphalt were:
Egypt $206M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRomania+ $2.25k
TOP IMPORT POTENTIALGermany+ $17.3k

Bitumen and asphalt’s highest export potential is Romania. With an export gap of $2.25k.   Bitumen and asphalt’s highest import potential is Germany with an import gap of $17.3k.

See methodology.

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