2023
Exports
$12.4MWorld Rnk 41 / 205
Flag Rnk 286 / 1165
2023
PRODUCT COMPLEXITY IN Rubber Belting
0.51Rnk 368 / 1025
2023
Imports
$34.4MWorld Rnk 44 / 225
Flag Rnk 239 / 1188
2023
ECONOMIC COMPLEXITY of Serbia
0.76Rnk 35 / 132

About

Exports In 2023, Serbia exported $12.4M in Rubber Belting, making it the 41st largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 286th most exported product in Serbia. The main destination of Rubber Belting exports from Serbia are: Bulgaria ($6.86M), Russia ($1.22M), Turkey ($924k), Slovakia ($600k), and Bosnia and Herzegovina ($531k).

The fastest growing export markets for Rubber Belting of Serbia between 2022 and 2023 were Bulgaria ($6.86M), Russia ($987k), and North Macedonia ($426k).

Imports In 2023, Serbia imported $34.4M in Rubber Belting, becoming the 44th largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 239th most imported product in Serbia. Serbia imports Rubber Belting primarily from: China ($19.1M), Germany ($4.1M), Poland ($1.98M), Romania ($1.4M), and Italy ($1.38M).

The fastest growing import markets in Rubber Belting for Serbia between 2022 and 2023 were China ($14.1M), Germany ($1.23M), and Hungary ($512k).

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 Rubber Belting. 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)$12.4M
IMPORTS (2023)$34.4M
NET TRADE (2023)-$22M

In 2023, Serbia exported $12.4M in Rubber Belting. The main destinations of Serbia exports on Rubber Belting were Bulgaria ($6.86M), Russia ($1.22M), Turkey ($924k), Slovakia ($600k), and Bosnia and Herzegovina ($531k).

In 2023, Serbia imported $34.4M in Rubber Belting, mainly from China ($19.1M), Germany ($4.1M), Poland ($1.98M), Romania ($1.4M), and Italy ($1.38M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
Bulgaria$6.86M (272k%)
Russia$987k (430%)
North Macedonia$426k (488%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY Serbia WERE (2022 - 2023):
Greece-$1.17M (-85.7%)
Bosnia and Herzegovina-$920k (-63.4%)
Germany-$545k (-83.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Serbia's main exporting competitors in Rubber Belting were:
In 2023, Serbia's main importing competitors in Rubber Belting were:

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Trade Value of Rubber Belting by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $656k
TOP IMPORT POTENTIALChina+ $1.37M

Rubber Belting’s highest export potential is Germany. With an export gap of $656k.   Rubber Belting’s highest import potential is China with an import gap of $1.37M.

See methodology.

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