2023
Exports
$1.64MWorld Rnk 48 / 139
Flag Rnk 577 / 1165
2023
PRODUCT COMPLEXITY IN Non-Mechanical Removal Machinery
1.8Rnk 15 / 1025
2023
Imports
$16.7MWorld Rnk 50 / 202
Flag Rnk 369 / 1188
2023
ECONOMIC COMPLEXITY of Serbia
0.76Rnk 35 / 132

About

Exports In 2023, Serbia exported $1.64M in Non-Mechanical Removal Machinery, making it the 48th largest exporter of Non-Mechanical Removal Machinery in the world. At the same year, Non-Mechanical Removal Machinery was the 577th most exported product in Serbia. The main destination of Non-Mechanical Removal Machinery exports from Serbia are: Austria ($383k), Netherlands ($324k), Bosnia and Herzegovina ($291k), Hungary ($248k), and Germany ($156k).

The fastest growing export markets for Non-Mechanical Removal Machinery of Serbia between 2022 and 2023 were Austria ($243k), Bulgaria ($30.1k), and Slovenia ($22.7k).

Imports In 2023, Serbia imported $16.7M in Non-Mechanical Removal Machinery, becoming the 50th largest importer of Non-Mechanical Removal Machinery in the world. At the same year, Non-Mechanical Removal Machinery was the 369th most imported product in Serbia. Serbia imports Non-Mechanical Removal Machinery primarily from: China ($6.54M), Switzerland ($2.11M), Germany ($1.39M), Japan ($1.3M), and Turkey ($1.2M).

The fastest growing import markets in Non-Mechanical Removal Machinery for Serbia between 2022 and 2023 were China ($1.04M), Turkey ($658k), and Spain ($435k).

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 Non-Mechanical Removal Machinery. 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)$1.64M
IMPORTS (2023)$16.7M
NET TRADE (2023)-$15.1M

In 2023, Serbia exported $1.64M in Non-Mechanical Removal Machinery. The main destinations of Serbia exports on Non-Mechanical Removal Machinery were Austria ($383k), Netherlands ($324k), Bosnia and Herzegovina ($291k), Hungary ($248k), and Germany ($156k).

In 2023, Serbia imported $16.7M in Non-Mechanical Removal Machinery, mainly from China ($6.54M), Switzerland ($2.11M), Germany ($1.39M), Japan ($1.3M), and Turkey ($1.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Mechanical Removal Machinery EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
Austria$243k (174%)
Bulgaria$30.1k (205%)
Slovenia$22.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Mechanical Removal Machinery BY Serbia WERE (2022 - 2023):
Netherlands-$383k (-54.2%)
Germany-$324k (-67.5%)
North Macedonia-$129k (-80.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Serbia's main exporting competitors in Non-Mechanical Removal Machinery were:
China $1.97B
Germany $1.22B
Japan $1.11B
In 2023, Serbia's main importing competitors in Non-Mechanical Removal Machinery were:

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Trade Value of Non-Mechanical Removal Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $372k
TOP IMPORT POTENTIALChina+ $1.39M

Non-Mechanical Removal Machinery’s highest export potential is Germany. With an export gap of $372k.   Non-Mechanical Removal Machinery’s highest import potential is China with an import gap of $1.39M.

See methodology.

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