2022
Exports
$49.2MWorld Rnk 26 / 175
Flag Rnk 126 / 1171
2022
PRODUCT COMPLEXITY IN Frozen Vegetables
-0.82Rnk 783 / 1025
2022
Imports
$9.98MWorld Rnk 60 / 220
Flag Rnk 484 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $49.2M in Frozen Vegetables, making it the 26th largest exporter of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 126th most exported product in Serbia. The main destination of Frozen Vegetables exports from Serbia are: Turkey ($7.95M), Russia ($5.57M), Belgium ($4.59M), Croatia ($3.63M), and North Macedonia ($3.6M).

The fastest growing export markets for Frozen Vegetables of Serbia between 2021 and 2022 were Turkey ($7.9M), Colombia ($855k), and Belgium ($766k).

Imports In 2022, Serbia imported $9.98M in Frozen Vegetables, becoming the 60th largest importer of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 484th most imported product in Serbia. Serbia imports Frozen Vegetables primarily from: Belgium ($3.54M), Poland ($1.66M), Spain ($1.08M), Austria ($737k), and Bulgaria ($542k).

The fastest growing import markets in Frozen Vegetables for Serbia between 2021 and 2022 were Austria ($552k), Bulgaria ($446k), and North Macedonia ($287k).

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 Frozen Vegetables. 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)$49.2M
IMPORTS (2022)$9.98M
NET TRADE (2022)$39.2M

In 2022, Serbia exported $49.2M in Frozen Vegetables. The main destinations of Serbia exports on Frozen Vegetables were Turkey ($7.95M), Russia ($5.57M), Belgium ($4.59M), Croatia ($3.63M), and North Macedonia ($3.6M).

In 2022, Serbia imported $9.98M in Frozen Vegetables, mainly from Belgium ($3.54M), Poland ($1.66M), Spain ($1.08M), Austria ($737k), and Bulgaria ($542k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Frozen Vegetables EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Turkey$7.9M (16k%)
Colombia$855k (1.4k%)
Belgium$766k (20%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Vegetables BY Serbia WERE (2021 - 2022):
Russia-$3.25M (-36.8%)
Greece-$1.28M (-63%)
Hungary-$979k (-27.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Frozen Vegetables were:
China $1.41B
Belgium $1.26B
Spain $703M
In 2022, Serbia's main importing competitors in Frozen Vegetables were:

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Trade Value of Frozen Vegetables by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.17M
TOP IMPORT POTENTIALSpain+ $420k

Frozen Vegetables’s highest export potential is Germany. With an export gap of $2.17M.   Frozen Vegetables’s highest import potential is Spain with an import gap of $420k.

See methodology.

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