2023
Exports
$11.3MWorld Rnk 26 / 161
Flag Rnk 301 / 1165
2023
PRODUCT COMPLEXITY IN Metal Finishing Machines
1.61Rnk 32 / 1025
2023
Imports
$5.68MWorld Rnk 52 / 210
Flag Rnk 602 / 1188
2023
ECONOMIC COMPLEXITY of Serbia
0.76Rnk 35 / 132

About

Exports In 2023, Serbia exported $11.3M in Metal Finishing Machines, making it the 26th largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 301st most exported product in Serbia. The main destination of Metal Finishing Machines exports from Serbia are: Kyrgyzstan ($5.35M), Kazakhstan ($2.96M), Belarus ($823k), Russia ($419k), and United States ($330k).

The fastest growing export markets for Metal Finishing Machines of Serbia between 2022 and 2023 were Kyrgyzstan ($5.35M), Kazakhstan ($2.96M), and Belarus ($823k).

Imports In 2023, Serbia imported $5.68M in Metal Finishing Machines, becoming the 52nd largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 602nd most imported product in Serbia. Serbia imports Metal Finishing Machines primarily from: Germany ($2.38M), China ($1.11M), Netherlands ($426k), Slovenia ($337k), and Chinese Taipei ($334k).

The fastest growing import markets in Metal Finishing Machines for Serbia between 2022 and 2023 were Netherlands ($395k), Chinese Taipei ($229k), and Russia ($138k).

Latest Trends

Dec 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 Metal Finishing Machines. 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)$11.3M
IMPORTS (2023)$5.68M
NET TRADE (2023)$5.63M

In 2023, Serbia exported $11.3M in Metal Finishing Machines. The main destinations of Serbia exports on Metal Finishing Machines were Kyrgyzstan ($5.35M), Kazakhstan ($2.96M), Belarus ($823k), Russia ($419k), and United States ($330k).

In 2023, Serbia imported $5.68M in Metal Finishing Machines, mainly from Germany ($2.38M), China ($1.11M), Netherlands ($426k), Slovenia ($337k), and Chinese Taipei ($334k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
Kyrgyzstan$5.35M (1%)
Kazakhstan$2.96M (1%)
Belarus$823k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY Serbia WERE (2022 - 2023):
Russia-$2.96M (-87.6%)
South Africa-$52.1k (-100%)
India-$41.4k (-59.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Serbia's main exporting competitors in Metal Finishing Machines were:
In 2023, Serbia's main importing competitors in Metal Finishing Machines were:

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Trade Value of Metal Finishing Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $316k
TOP IMPORT POTENTIALSwitzerland+ $239k

Metal Finishing Machines’s highest export potential is United States. With an export gap of $316k.   Metal Finishing Machines’s highest import potential is Switzerland with an import gap of $239k.

See methodology.

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