2023
Exports
$19.8MWorld Rnk 50 / 151
Flag Rnk 227 / 1165
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$73.7MWorld Rnk 56 / 212
Flag Rnk 130 / 1188
2023
ECONOMIC COMPLEXITY of Serbia
0.76Rnk 35 / 132

About

Exports In 2023, Serbia exported $19.8M in Buses, making it the 50th largest exporter of Buses in the world. At the same year, Buses was the 227th most exported product in Serbia. The main destination of Buses exports from Serbia are: Italy ($4.23M), Slovenia ($3.62M), Romania ($3.34M), Estonia ($2.37M), and Belgium ($1.95M).

The fastest growing export markets for Buses of Serbia between 2022 and 2023 were Slovenia ($2.69M), Romania ($1.72M), and Italy ($408k).

Imports In 2023, Serbia imported $73.7M in Buses, becoming the 56th largest importer of Buses in the world. At the same year, Buses was the 130th most imported product in Serbia. Serbia imports Buses primarily from: Turkey ($34.3M), Germany ($9.47M), Poland ($7.76M), Austria ($7.2M), and Croatia ($4.43M).

The fastest growing import markets in Buses for Serbia between 2022 and 2023 were Poland ($7.3M), Croatia ($4.15M), and Austria ($3.87M).

Latest Trends

Dec 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 Buses. 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 (2023)$19.8M
IMPORTS (2023)$73.7M
NET TRADE (2023)-$53.9M

In 2023, Serbia exported $19.8M in Buses. The main destinations of Serbia exports on Buses were Italy ($4.23M), Slovenia ($3.62M), Romania ($3.34M), Estonia ($2.37M), and Belgium ($1.95M).

In 2023, Serbia imported $73.7M in Buses, mainly from Turkey ($34.3M), Germany ($9.47M), Poland ($7.76M), Austria ($7.2M), and Croatia ($4.43M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
Slovenia$2.69M (289%)
Romania$1.72M (106%)
Italy$408k (10.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Serbia WERE (2022 - 2023):
Croatia-$1.17M (-62.1%)
Latvia-$376k (-100%)
Bosnia and Herzegovina-$289k (-36.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Serbia's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Serbia's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $1.09M
TOP IMPORT POTENTIALPoland+ $1.03M

Buses’s highest export potential is Italy. With an export gap of $1.09M.   Buses’s highest import potential is Poland with an import gap of $1.03M.

See methodology.

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