2022
Exports
$1.01MWorld Rnk 48 / 155
Flag Rnk 646 / 1171
2022
PRODUCT COMPLEXITY IN Stone Working Machines
1.13Rnk 125 / 1025
2022
Imports
$9.14MWorld Rnk 53 / 213
Flag Rnk 503 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $1.01M in Stone Working Machines, making it the 48th largest exporter of Stone Working Machines in the world. At the same year, Stone Working Machines was the 646th most exported product in Serbia. The main destination of Stone Working Machines exports from Serbia are: Russia ($312k), Italy ($136k), Poland ($111k), North Macedonia ($73.1k), and Bosnia and Herzegovina ($70.7k).

The fastest growing export markets for Stone Working Machines of Serbia between 2021 and 2022 were Russia ($300k), Poland ($75.6k), and Hungary ($37.7k).

Imports In 2022, Serbia imported $9.14M in Stone Working Machines, becoming the 53rd largest importer of Stone Working Machines in the world. At the same year, Stone Working Machines was the 503rd most imported product in Serbia. Serbia imports Stone Working Machines primarily from: Italy ($4.13M), Turkey ($1M), Slovenia ($636k), Germany ($604k), and China ($470k).

The fastest growing import markets in Stone Working Machines for Serbia between 2021 and 2022 were Slovenia ($370k), San Marino ($275k), and Spain ($216k).

Latest Trends

Oct 2024

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 (2022)$1.01M
IMPORTS (2022)$9.14M
NET TRADE (2022)-$8.13M

In 2022, Serbia exported $1.01M in Stone Working Machines. The main destinations of Serbia exports on Stone Working Machines were Russia ($312k), Italy ($136k), Poland ($111k), North Macedonia ($73.1k), and Bosnia and Herzegovina ($70.7k).

In 2022, Serbia imported $9.14M in Stone Working Machines, mainly from Italy ($4.13M), Turkey ($1M), Slovenia ($636k), Germany ($604k), and China ($470k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Working Machines EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Russia$300k (2.48k%)
Poland$75.6k (212%)
Hungary$37.7k (2.09k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Working Machines BY Serbia WERE (2021 - 2022):
Switzerland-$110k (-83.7%)
Montenegro-$47.2k (-63.1%)
Greece-$24.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Stone Working Machines were:
In 2022, 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
View
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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