2023
Exports
$4.64MWorld Rnk 30 / 137
Flag Rnk 425 / 1165
2023
PRODUCT COMPLEXITY IN Other Non-Metal Removal Machinery
0.92Rnk 199 / 1025
2023
Imports
$10.4MWorld Rnk 43 / 202
Flag Rnk 467 / 1188
2023
ECONOMIC COMPLEXITY of Serbia
0.76Rnk 35 / 132

About

Exports In 2023, Serbia exported $4.64M in Other Non-Metal Removal Machinery, making it the 30th largest exporter of Other Non-Metal Removal Machinery in the world. At the same year, Other Non-Metal Removal Machinery was the 425th most exported product in Serbia. The main destination of Other Non-Metal Removal Machinery exports from Serbia are: Israel ($1.04M), Ukraine ($937k), Bosnia and Herzegovina ($910k), North Macedonia ($534k), and Canada ($317k).

The fastest growing export markets for Other Non-Metal Removal Machinery of Serbia between 2022 and 2023 were Israel ($994k), Bosnia and Herzegovina ($676k), and Ukraine ($431k).

Imports In 2023, Serbia imported $10.4M in Other Non-Metal Removal Machinery, becoming the 43rd largest importer of Other Non-Metal Removal Machinery in the world. At the same year, Other Non-Metal Removal Machinery was the 467th most imported product in Serbia. Serbia imports Other Non-Metal Removal Machinery primarily from: Spain ($3.55M), China ($2.76M), Austria ($1.84M), Turkey ($402k), and Germany ($327k).

The fastest growing import markets in Other Non-Metal Removal Machinery for Serbia between 2022 and 2023 were Spain ($3.22M), Austria ($1.8M), and China ($1.53M).

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 Other Non-Metal 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)$4.64M
IMPORTS (2023)$10.4M
NET TRADE (2023)-$5.81M

In 2023, Serbia exported $4.64M in Other Non-Metal Removal Machinery. The main destinations of Serbia exports on Other Non-Metal Removal Machinery were Israel ($1.04M), Ukraine ($937k), Bosnia and Herzegovina ($910k), North Macedonia ($534k), and Canada ($317k).

In 2023, Serbia imported $10.4M in Other Non-Metal Removal Machinery, mainly from Spain ($3.55M), China ($2.76M), Austria ($1.84M), Turkey ($402k), and Germany ($327k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Non-Metal Removal Machinery EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
Israel$994k (2.43k%)
Ukraine$431k (85%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Non-Metal Removal Machinery BY Serbia WERE (2022 - 2023):
Romania-$887k (-83.1%)
Lithuania-$494k (-100%)
Denmark-$453k (-91.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Serbia's main exporting competitors in Other Non-Metal Removal Machinery were:
In 2023, Serbia's main importing competitors in Other Non-Metal Removal Machinery were:

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Trade Value of Other Non-Metal Removal Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $290k
TOP IMPORT POTENTIALItaly+ $209k

Other Non-Metal Removal Machinery’s highest export potential is United States. With an export gap of $290k.   Other Non-Metal Removal Machinery’s highest import potential is Italy with an import gap of $209k.

See methodology.

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