2022
Exports
$1.22MWorld Rnk 53 / 145
Flag Rnk 618 / 1171
2022
PRODUCT COMPLEXITY IN Electrical Insulators
0.63Rnk 303 / 1025
2022
Imports
$4.55MWorld Rnk 74 / 207
Flag Rnk 639 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $1.22M in Electrical Insulators, making it the 53rd largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 618th most exported product in Serbia. The main destination of Electrical Insulators exports from Serbia are: Montenegro ($607k), Bosnia and Herzegovina ($195k), North Macedonia ($121k), Austria ($86.8k), and Kyrgyzstan ($47.4k).

The fastest growing export markets for Electrical Insulators of Serbia between 2021 and 2022 were Montenegro ($438k), North Macedonia ($105k), and Kyrgyzstan ($47.4k).

Imports In 2022, Serbia imported $4.55M in Electrical Insulators, becoming the 74th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 639th most imported product in Serbia. Serbia imports Electrical Insulators primarily from: Romania ($971k), Bulgaria ($723k), Russia ($487k), Germany ($448k), and Spain ($446k).

The fastest growing import markets in Electrical Insulators for Serbia between 2021 and 2022 were Germany ($376k), China ($292k), and Russia ($227k).

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 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 (2022)$1.22M
IMPORTS (2022)$4.55M
NET TRADE (2022)-$3.32M

In 2022, Serbia exported $1.22M in Electrical Insulators. The main destinations of Serbia exports on Electrical Insulators were Montenegro ($607k), Bosnia and Herzegovina ($195k), North Macedonia ($121k), Austria ($86.8k), and Kyrgyzstan ($47.4k).

In 2022, Serbia imported $4.55M in Electrical Insulators, mainly from Romania ($971k), Bulgaria ($723k), Russia ($487k), Germany ($448k), and Spain ($446k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Montenegro$438k (259%)
North Macedonia$105k (674%)
Kyrgyzstan$47.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Serbia WERE (2021 - 2022):
Croatia-$126k (-98.2%)
Bosnia and Herzegovina-$11.5k (-5.58%)
Ukraine-$11.5k (-38.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Electrical Insulators were:
In 2022, 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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