2023
Exports
$34.7MWorld Rnk 38 / 140
Flag Rnk 154 / 1165
2023
PRODUCT COMPLEXITY IN Raw Tobacco
-1.76Rnk 980 / 1025
2023
Imports
$126MWorld Rnk 22 / 176
Flag Rnk 70 / 1188
2023
ECONOMIC COMPLEXITY of Serbia
0.76Rnk 35 / 132

About

Exports In 2023, Serbia exported $34.7M in Raw Tobacco, making it the 38th largest exporter of Raw Tobacco in the world. At the same year, Raw Tobacco was the 154th most exported product in Serbia. The main destination of Raw Tobacco exports from Serbia are: Belgium ($12.3M), Greece ($3.35M), Bulgaria ($3.17M), Germany ($2.96M), and Italy ($2.39M).

The fastest growing export markets for Raw Tobacco of Serbia between 2022 and 2023 were Turkey ($2.11M), Germany ($2.03M), and Lebanon ($2.01M).

Imports In 2023, Serbia imported $126M in Raw Tobacco, becoming the 22nd largest importer of Raw Tobacco in the world. At the same year, Raw Tobacco was the 70th most imported product in Serbia. Serbia imports Raw Tobacco primarily from: Belgium ($76.6M), Brazil ($8.78M), Germany ($8.31M), Netherlands ($7.7M), and Malawi ($7.37M).

The fastest growing import markets in Raw Tobacco for Serbia between 2022 and 2023 were Belgium ($16.5M), Malawi ($6.7M), and Germany ($4.53M).

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 Raw Tobacco. 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)$34.7M
IMPORTS (2023)$126M
NET TRADE (2023)-$91.6M

In 2023, Serbia exported $34.7M in Raw Tobacco. The main destinations of Serbia exports on Raw Tobacco were Belgium ($12.3M), Greece ($3.35M), Bulgaria ($3.17M), Germany ($2.96M), and Italy ($2.39M).

In 2023, Serbia imported $126M in Raw Tobacco, mainly from Belgium ($76.6M), Brazil ($8.78M), Germany ($8.31M), Netherlands ($7.7M), and Malawi ($7.37M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Tobacco EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
Turkey$2.11M (1.27k%)
Germany$2.03M (217%)
Lebanon$2.01M (730%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Tobacco BY Serbia WERE (2022 - 2023):
Greece-$5.41M (-61.8%)
France-$759k (-100%)
Italy-$553k (-18.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Serbia's main exporting competitors in Raw Tobacco were:
In 2023, Serbia's main importing competitors in Raw Tobacco were:

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Trade Value of Raw Tobacco by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $983k
TOP IMPORT POTENTIALBrazil+ $2.4M

Raw Tobacco’s highest export potential is Italy. With an export gap of $983k.   Raw Tobacco’s highest import potential is Brazil with an import gap of $2.4M.

See methodology.

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