2022
Exports
$13.5MWorld Rnk 85 / 170
Flag Rnk 277 / 1171
2022
PRODUCT COMPLEXITY IN Cement
-1.46Rnk 943 / 1025
2022
Imports
$74.5MWorld Rnk 43 / 224
Flag Rnk 135 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $13.5M in Cement, making it the 85th largest exporter of Cement in the world. At the same year, Cement was the 277th most exported product in Serbia. The main destination of Cement exports from Serbia are: Montenegro ($11.6M), Croatia ($1.06M), North Macedonia ($346k), Romania ($182k), and Russia ($85.1k).

The fastest growing export markets for Cement of Serbia between 2021 and 2022 were Montenegro ($5.51M), North Macedonia ($328k), and Russia ($85.1k).

Imports In 2022, Serbia imported $74.5M in Cement, becoming the 43rd largest importer of Cement in the world. At the same year, Cement was the 135th most imported product in Serbia. Serbia imports Cement primarily from: Croatia ($30M), North Macedonia ($25.4M), Turkey ($9.26M), Albania ($4.94M), and Bulgaria ($1.61M).

The fastest growing import markets in Cement for Serbia between 2021 and 2022 were Croatia ($4.55M), Turkey ($2.62M), and North Macedonia ($2.42M).

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 Cement. 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)$13.5M
IMPORTS (2022)$74.5M
NET TRADE (2022)-$61.1M

In 2022, Serbia exported $13.5M in Cement. The main destinations of Serbia exports on Cement were Montenegro ($11.6M), Croatia ($1.06M), North Macedonia ($346k), Romania ($182k), and Russia ($85.1k).

In 2022, Serbia imported $74.5M in Cement, mainly from Croatia ($30M), North Macedonia ($25.4M), Turkey ($9.26M), Albania ($4.94M), and Bulgaria ($1.61M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Montenegro$5.51M (90.4%)
North Macedonia$328k (1.84k%)
Russia$85.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Serbia WERE (2021 - 2022):
Austria-$420k (-95%)
Malaysia-$242k (-100%)
Romania-$220k (-54.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cement by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRomania+ $156k
TOP IMPORT POTENTIALTurkey+ $1.66M

Cement’s highest export potential is Romania. With an export gap of $156k.   Cement’s highest import potential is Turkey with an import gap of $1.66M.

See methodology.

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