2022
Exports
$12.2MWorld Rnk 54 / 208
Flag Rnk 285 / 1171
2022
PRODUCT COMPLEXITY IN Other Engines
0.83Rnk 234 / 1025
2022
Imports
$20.4MWorld Rnk 74 / 223
Flag Rnk 339 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $12.2M in Other Engines, making it the 54th largest exporter of Other Engines in the world. At the same year, Other Engines was the 285th most exported product in Serbia. The main destination of Other Engines exports from Serbia are: Slovenia ($2.61M), Germany ($2.13M), Sweden ($1.64M), Russia ($950k), and Austria ($765k).

The fastest growing export markets for Other Engines of Serbia between 2021 and 2022 were Germany ($697k), Slovenia ($479k), and Turkey ($408k).

Imports In 2022, Serbia imported $20.4M in Other Engines, becoming the 74th largest importer of Other Engines in the world. At the same year, Other Engines was the 339th most imported product in Serbia. Serbia imports Other Engines primarily from: Germany ($4.53M), China ($3.71M), United States ($2.44M), Italy ($1.15M), and Hungary ($1.08M).

The fastest growing import markets in Other Engines for Serbia between 2021 and 2022 were United States ($1.95M), Hungary ($841k), and Sweden ($240k).

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 Other Engines. 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)$12.2M
IMPORTS (2022)$20.4M
NET TRADE (2022)-$8.24M

In 2022, Serbia exported $12.2M in Other Engines. The main destinations of Serbia exports on Other Engines were Slovenia ($2.61M), Germany ($2.13M), Sweden ($1.64M), Russia ($950k), and Austria ($765k).

In 2022, Serbia imported $20.4M in Other Engines, mainly from Germany ($4.53M), China ($3.71M), United States ($2.44M), Italy ($1.15M), and Hungary ($1.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Engines EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Germany$697k (48.6%)
Slovenia$479k (22.5%)
Turkey$408k (3.38k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Engines BY Serbia WERE (2021 - 2022):
Russia-$2.82M (-74.8%)
Italy-$510k (-75.8%)
Belarus-$379k (-76%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Other Engines were:
In 2022, Serbia's main importing competitors in Other Engines were:

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Trade Value of Other Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.91M
TOP IMPORT POTENTIALChina+ $2.32M

Other Engines’s highest export potential is Germany. With an export gap of $1.91M.   Other Engines’s highest import potential is China with an import gap of $2.32M.

See methodology.

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