2023
Exports
$125MWorld Rnk 43 / 222
Flag Rnk 55 / 1165
2023
PRODUCT COMPLEXITY IN Integrated Circuits
1.17Rnk 117 / 1025
2023
Imports
$164MWorld Rnk 56 / 224
Flag Rnk 42 / 1188
2023
ECONOMIC COMPLEXITY of Serbia
0.76Rnk 35 / 132

About

Exports In 2023, Serbia exported $125M in Integrated Circuits, making it the 43rd largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 55th most exported product in Serbia. The main destination of Integrated Circuits exports from Serbia are: Hungary ($90.6M), France ($8.87M), Germany ($4.89M), United States ($3.53M), and Portugal ($2.67M).

The fastest growing export markets for Integrated Circuits of Serbia between 2022 and 2023 were Hungary ($37.6M), France ($8.84M), and United States ($3.49M).

Imports In 2023, Serbia imported $164M in Integrated Circuits, becoming the 56th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 42nd most imported product in Serbia. Serbia imports Integrated Circuits primarily from: China ($39.5M), South Korea ($28.9M), Germany ($17.3M), Denmark ($15.2M), and Malaysia ($13.2M).

The fastest growing import markets in Integrated Circuits for Serbia between 2022 and 2023 were China ($29.2M), Greece ($4.57M), and Philippines ($3.99M).

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 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 (2023)$125M
IMPORTS (2023)$164M
NET TRADE (2023)-$38.5M

In 2023, Serbia exported $125M in Integrated Circuits. The main destinations of Serbia exports on Integrated Circuits were Hungary ($90.6M), France ($8.87M), Germany ($4.89M), United States ($3.53M), and Portugal ($2.67M).

In 2023, Serbia imported $164M in Integrated Circuits, mainly from China ($39.5M), South Korea ($28.9M), Germany ($17.3M), Denmark ($15.2M), and Malaysia ($13.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
Hungary$37.6M (71%)
France$8.84M (33.9k%)
United States$3.49M (7.55k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Serbia WERE (2022 - 2023):
Russia-$2.27M (-99.4%)
South Korea-$1.46M (-74.6%)
Denmark-$614k (-97.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Serbia's main exporting competitors in Integrated Circuits were:
In 2023, 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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