2022
Exports
$92.9MWorld Rnk 45 / 226
Flag Rnk 69 / 1171
2022
PRODUCT COMPLEXITY IN Integrated Circuits
1.48Rnk 56 / 1025
2022
Imports
$181MWorld Rnk 57 / 225
Flag Rnk 40 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $92.9M in Integrated Circuits, making it the 45th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 69th most exported product in Serbia. The main destination of Integrated Circuits exports from Serbia are: Hungary ($76M), South Korea ($2.74M), Russia ($2.28M), Germany ($1.66M), and China ($1.53M).

The fastest growing export markets for Integrated Circuits of Serbia between 2021 and 2022 were South Korea ($2.47M), Russia ($2.26M), and China ($1.5M).

Imports In 2022, Serbia imported $181M in Integrated Circuits, becoming the 57th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 40th most imported product in Serbia. Serbia imports Integrated Circuits primarily from: Germany ($50M), South Korea ($28.6M), Denmark ($28.1M), China ($15.6M), and Slovenia ($7.13M).

The fastest growing import markets in Integrated Circuits for Serbia between 2021 and 2022 were Germany ($30.9M), China ($6.49M), and Denmark ($3.44M).

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 Integrated Circuits. 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)$92.9M
IMPORTS (2022)$181M
NET TRADE (2022)-$88.3M

In 2022, Serbia exported $92.9M in Integrated Circuits. The main destinations of Serbia exports on Integrated Circuits were Hungary ($76M), South Korea ($2.74M), Russia ($2.28M), Germany ($1.66M), and China ($1.53M).

In 2022, Serbia imported $181M in Integrated Circuits, mainly from Germany ($50M), South Korea ($28.6M), Denmark ($28.1M), China ($15.6M), and Slovenia ($7.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
South Korea$2.47M (932%)
Russia$2.26M (8.61k%)
China$1.5M (4.03k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Serbia WERE (2021 - 2022):
Hungary-$85.6M (-53%)
United States-$516k (-92.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Integrated Circuits were:
In 2022, Serbia's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.32M
TOP IMPORT POTENTIALChina+ $22.1M

Integrated Circuits’s highest export potential is China. With an export gap of $6.32M.   Integrated Circuits’s highest import potential is China with an import gap of $22.1M.

See methodology.

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