2023
Exports
$1.37MWorld Rnk 52 / 103
Flag Rnk 605 / 1165
2023
PRODUCT COMPLEXITY IN Detonating Fuses
-0.52Rnk 710 / 1025
2023
Imports
$13.5MWorld Rnk 38 / 187
Flag Rnk 414 / 1188
2023
ECONOMIC COMPLEXITY of Serbia
0.76Rnk 35 / 132

About

Exports In 2023, Serbia exported $1.37M in Detonating Fuses, making it the 52nd largest exporter of Detonating Fuses in the world. At the same year, Detonating Fuses was the 605th most exported product in Serbia. The main destination of Detonating Fuses exports from Serbia are: Romania ($678k), North Macedonia ($244k), Montenegro ($202k), South Africa ($94k), and Azerbaijan ($79.3k).

The fastest growing export markets for Detonating Fuses of Serbia between 2022 and 2023 were Romania ($585k), North Macedonia ($134k), and South Africa ($94k).

Imports In 2023, Serbia imported $13.5M in Detonating Fuses, becoming the 38th largest importer of Detonating Fuses in the world. At the same year, Detonating Fuses was the 414th most imported product in Serbia. Serbia imports Detonating Fuses primarily from: Bosnia and Herzegovina ($9.5M), Spain ($1.26M), Croatia ($1.2M), Montenegro ($1.18M), and India ($121k).

The fastest growing import markets in Detonating Fuses for Serbia between 2022 and 2023 were Bosnia and Herzegovina ($3.02M), Montenegro ($821k), and Spain ($666k).

Latest Trends

Jan 2025

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 Detonating Fuses. 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)$1.37M
IMPORTS (2023)$13.5M
NET TRADE (2023)-$12.2M

In 2023, Serbia exported $1.37M in Detonating Fuses. The main destinations of Serbia exports on Detonating Fuses were Romania ($678k), North Macedonia ($244k), Montenegro ($202k), South Africa ($94k), and Azerbaijan ($79.3k).

In 2023, Serbia imported $13.5M in Detonating Fuses, mainly from Bosnia and Herzegovina ($9.5M), Spain ($1.26M), Croatia ($1.2M), Montenegro ($1.18M), and India ($121k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Detonating Fuses EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
Romania$585k (624%)
North Macedonia$134k (121%)
South Africa$94k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Detonating Fuses BY Serbia WERE (2022 - 2023):
Turkey-$1.12M (-100%)
United States-$703k (-100%)
Slovenia-$99.7k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Serbia's main exporting competitors in Detonating Fuses were:
In 2023, Serbia's main importing competitors in Detonating Fuses were:

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Trade Value of Detonating Fuses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $407k
TOP IMPORT POTENTIALIndia+ $172k

Detonating Fuses’s highest export potential is United States. With an export gap of $407k.   Detonating Fuses’s highest import potential is India with an import gap of $172k.

See methodology.

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