2023
Exports
$41.7MWorld Rnk 27 / 177
Flag Rnk 133 / 1165
2023
PRODUCT COMPLEXITY IN Frozen Vegetables
-0.79Rnk 779 / 1025
2023
Imports
$11.8MWorld Rnk 60 / 223
Flag Rnk 444 / 1188
2023
ECONOMIC COMPLEXITY of Serbia
0.76Rnk 35 / 132

About

Exports In 2023, Serbia exported $41.7M in Frozen Vegetables, making it the 27th largest exporter of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 133rd most exported product in Serbia. The main destination of Frozen Vegetables exports from Serbia are: North Macedonia ($4.3M), Croatia ($4.17M), Bosnia and Herzegovina ($4.01M), Belgium ($3.73M), and Russia ($3.7M).

The fastest growing export markets for Frozen Vegetables of Serbia between 2022 and 2023 were France ($1.11M), Croatia ($989k), and Bosnia and Herzegovina ($735k).

Imports In 2023, Serbia imported $11.8M in Frozen Vegetables, becoming the 60th largest importer of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 444th most imported product in Serbia. Serbia imports Frozen Vegetables primarily from: Belgium ($3.63M), Poland ($1.35M), Croatia ($1.22M), Spain ($1.02M), and North Macedonia ($635k).

The fastest growing import markets in Frozen Vegetables for Serbia between 2022 and 2023 were Belarus ($586k), Croatia ($429k), and Russia ($387k).

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 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 (2023)$41.7M
IMPORTS (2023)$11.8M
NET TRADE (2023)$29.8M

In 2023, Serbia exported $41.7M in Frozen Vegetables. The main destinations of Serbia exports on Frozen Vegetables were North Macedonia ($4.3M), Croatia ($4.17M), Bosnia and Herzegovina ($4.01M), Belgium ($3.73M), and Russia ($3.7M).

In 2023, Serbia imported $11.8M in Frozen Vegetables, mainly from Belgium ($3.63M), Poland ($1.35M), Croatia ($1.22M), Spain ($1.02M), and North Macedonia ($635k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Frozen Vegetables EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
France$1.11M (267%)
Croatia$989k (31.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Vegetables BY Serbia WERE (2022 - 2023):
Turkey-$7.06M (-87.9%)
Russia-$1.87M (-33.6%)
Hungary-$1.3M (-49.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Serbia's main exporting competitors in Frozen Vegetables were:
China $1.55B
Belgium $1.43B
Spain $716M
In 2023, 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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