2022
Exports
$3.17MWorld Rnk 50 / 198
Flag Rnk 475 / 1171
2022
PRODUCT COMPLEXITY IN Scales
0.96Rnk 184 / 1025
2022
Imports
$13MWorld Rnk 57 / 220
Flag Rnk 430 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $3.17M in Scales, making it the 50th largest exporter of Scales in the world. At the same year, Scales was the 475th most exported product in Serbia. The main destination of Scales exports from Serbia are: Germany ($717k), Montenegro ($569k), Bosnia and Herzegovina ($524k), Romania ($234k), and Russia ($196k).

The fastest growing export markets for Scales of Serbia between 2021 and 2022 were Germany ($481k), Russia ($195k), and Hungary ($170k).

Imports In 2022, Serbia imported $13M in Scales, becoming the 57th largest importer of Scales in the world. At the same year, Scales was the 430th most imported product in Serbia. Serbia imports Scales primarily from: China ($2.96M), Germany ($2.24M), Netherlands ($1.78M), United Kingdom ($1.12M), and Spain ($706k).

The fastest growing import markets in Scales for Serbia between 2021 and 2022 were Netherlands ($1.59M), United Kingdom ($744k), and Hungary ($463k).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Scales. 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)$3.17M
IMPORTS (2022)$13M
NET TRADE (2022)-$9.82M

In 2022, Serbia exported $3.17M in Scales. The main destinations of Serbia exports on Scales were Germany ($717k), Montenegro ($569k), Bosnia and Herzegovina ($524k), Romania ($234k), and Russia ($196k).

In 2022, Serbia imported $13M in Scales, mainly from China ($2.96M), Germany ($2.24M), Netherlands ($1.78M), United Kingdom ($1.12M), and Spain ($706k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scales EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Germany$481k (203%)
Russia$195k (15.6k%)
Hungary$170k (1.41k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scales BY Serbia WERE (2021 - 2022):
Italy-$16.4k (-94.3%)
Slovenia-$13.9k (-80.8%)
Belgium-$12.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Scales were:
China $1.91B
Japan $297M
In 2022, Serbia's main importing competitors in Scales were:

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Trade Value of Scales by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $278k
TOP IMPORT POTENTIALChina+ $1.05M

Scales’s highest export potential is Germany. With an export gap of $278k.   Scales’s highest import potential is China with an import gap of $1.05M.

See methodology.

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