2022
Exports
$14.1MWorld Rnk 48 / 152
Flag Rnk 271 / 1171
2022
PRODUCT COMPLEXITY IN Buses
0.074Rnk 528 / 1025
2022
Imports
$54MWorld Rnk 63 / 217
Flag Rnk 180 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $14.1M in Buses, making it the 48th largest exporter of Buses in the world. At the same year, Buses was the 271st most exported product in Serbia. The main destination of Buses exports from Serbia are: Italy ($2.28M), Estonia ($2.26M), Romania ($2.25M), Belgium ($2.13M), and Croatia ($1.19M).

The fastest growing export markets for Buses of Serbia between 2021 and 2022 were Estonia ($1.79M), Romania ($1.5M), and Hungary ($537k).

Imports In 2022, Serbia imported $54M in Buses, becoming the 63rd largest importer of Buses in the world. At the same year, Buses was the 180th most imported product in Serbia. Serbia imports Buses primarily from: Turkey ($33M), Germany ($5.83M), Austria ($2.75M), France ($2.15M), and Slovenia ($1.82M).

The fastest growing import markets in Buses for Serbia between 2021 and 2022 were Slovenia ($1.43M), Estonia ($1.25M), and Turkey ($1.2M).

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 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 (2022)$14.1M
IMPORTS (2022)$54M
NET TRADE (2022)-$39.9M

In 2022, Serbia exported $14.1M in Buses. The main destinations of Serbia exports on Buses were Italy ($2.28M), Estonia ($2.26M), Romania ($2.25M), Belgium ($2.13M), and Croatia ($1.19M).

In 2022, Serbia imported $54M in Buses, mainly from Turkey ($33M), Germany ($5.83M), Austria ($2.75M), France ($2.15M), and Slovenia ($1.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Estonia$1.79M (383%)
Romania$1.5M (201%)
Hungary$537k (369%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Serbia WERE (2021 - 2022):
Croatia-$818k (-40.7%)
China-$558k (-100%)
Latvia-$445k (-52.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Buses were:
China $2.64B
Japan $1.95B
Turkey $1.52B
In 2022, 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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