2023
Exports
$1.64MWorld Rnk 43 / 153
Flag Rnk 576 / 1165
2023
PRODUCT COMPLEXITY IN Stone Working Machines
1.08Rnk 154 / 1025
2023
Imports
$8.25MWorld Rnk 58 / 216
Flag Rnk 519 / 1188
2023
ECONOMIC COMPLEXITY of Serbia
0.76Rnk 35 / 132

About

Exports In 2023, Serbia exported $1.64M in Stone Working Machines, making it the 43rd largest exporter of Stone Working Machines in the world. At the same year, Stone Working Machines was the 576th most exported product in Serbia. The main destination of Stone Working Machines exports from Serbia are: Kyrgyzstan ($534k), Belgium ($391k), Italy ($273k), Bosnia and Herzegovina ($84.6k), and Russia ($84.5k).

The fastest growing export markets for Stone Working Machines of Serbia between 2022 and 2023 were Kyrgyzstan ($534k), Belgium ($391k), and Italy ($133k).

Imports In 2023, Serbia imported $8.25M in Stone Working Machines, becoming the 58th largest importer of Stone Working Machines in the world. At the same year, Stone Working Machines was the 519th most imported product in Serbia. Serbia imports Stone Working Machines primarily from: Italy ($3.92M), Israel ($562k), China ($494k), Slovenia ($456k), and Turkey ($401k).

The fastest growing import markets in Stone Working Machines for Serbia between 2022 and 2023 were Israel ($562k), Italy ($428k), and Austria ($319k).

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 Stone Working Machines. 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)$1.64M
IMPORTS (2023)$8.25M
NET TRADE (2023)-$6.61M

In 2023, Serbia exported $1.64M in Stone Working Machines. The main destinations of Serbia exports on Stone Working Machines were Kyrgyzstan ($534k), Belgium ($391k), Italy ($273k), Bosnia and Herzegovina ($84.6k), and Russia ($84.5k).

In 2023, Serbia imported $8.25M in Stone Working Machines, mainly from Italy ($3.92M), Israel ($562k), China ($494k), Slovenia ($456k), and Turkey ($401k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stone Working Machines EXPORT MARKETS FOR Serbia WERE (2022 - 2023):
Kyrgyzstan$534k (1%)
Belgium$391k (1%)
Italy$133k (95%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Working Machines BY Serbia WERE (2022 - 2023):
Russia-$228k (-72.9%)
Poland-$106k (-94.6%)
Hungary-$39.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Serbia's main exporting competitors in Stone Working Machines were:
In 2023, Serbia's main importing competitors in Stone Working Machines were:

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Trade Value of Stone Working Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $78.8k
TOP IMPORT POTENTIALChina+ $464k

Stone Working Machines’s highest export potential is Germany. With an export gap of $78.8k.   Stone Working Machines’s highest import potential is China with an import gap of $464k.

See methodology.

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