2023
Exports
$1.13MWorld Rnk 53 / 143
Flag Rnk 647 / 1165
2023
PRODUCT COMPLEXITY IN Electrical Insulators
0.91Rnk 200 / 1025
2023
Imports
$10.3MWorld Rnk 55 / 206
Flag Rnk 470 / 1188
2023
ECONOMIC COMPLEXITY of Serbia
0.76Rnk 35 / 132

About

Exports In 2023, Serbia exported $1.13M in Electrical Insulators, making it the 53rd largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 647th most exported product in Serbia. The main destination of Electrical Insulators exports from Serbia are: Montenegro ($233k), Russia ($225k), Bosnia and Herzegovina ($218k), Kyrgyzstan ($182k), and Austria ($62.3k).

The fastest growing export markets for Electrical Insulators of Serbia between 2022 and 2023 were Russia ($208k), Kyrgyzstan ($135k), and Bosnia and Herzegovina ($72.6k).

Imports In 2023, Serbia imported $10.3M in Electrical Insulators, becoming the 55th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 470th most imported product in Serbia. Serbia imports Electrical Insulators primarily from: China ($6.86M), Bulgaria ($1.06M), Romania ($771k), Spain ($256k), and Italy ($256k).

The fastest growing import markets in Electrical Insulators for Serbia between 2022 and 2023 were China ($6.14M), Bulgaria ($270k), and Italy ($98.9k).

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 Electrical Insulators. 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)$1.13M
IMPORTS (2023)$10.3M
NET TRADE (2023)-$9.17M

In 2023, Serbia exported $1.13M in Electrical Insulators. The main destinations of Serbia exports on Electrical Insulators were Montenegro ($233k), Russia ($225k), Bosnia and Herzegovina ($218k), Kyrgyzstan ($182k), and Austria ($62.3k).

In 2023, Serbia imported $10.3M in Electrical Insulators, mainly from China ($6.86M), Bulgaria ($1.06M), Romania ($771k), Spain ($256k), and Italy ($256k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
Russia$208k (1.26k%)
Kyrgyzstan$135k (284%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Serbia WERE (2022 - 2023):
Montenegro-$371k (-61.4%)
Greece-$46.6k (-100%)
Austria-$24.1k (-27.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Serbia's main exporting competitors in Electrical Insulators were:
In 2023, Serbia's main importing competitors in Electrical Insulators were:

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Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $30.1k
TOP IMPORT POTENTIALChina+ $419k

Electrical Insulators’s highest export potential is Austria. With an export gap of $30.1k.   Electrical Insulators’s highest import potential is China with an import gap of $419k.

See methodology.

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