2022
Exports
$1.72MWorld Rnk 44 / 142
Flag Rnk 567 / 1171
2022
PRODUCT COMPLEXITY IN Tool Plates
1.66Rnk 31 / 1025
2022
Imports
$10.6MWorld Rnk 49 / 188
Flag Rnk 473 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $1.72M in Tool Plates, making it the 44th largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 567th most exported product in Serbia. The main destination of Tool Plates exports from Serbia are: Russia ($1.08M), Bosnia and Herzegovina ($182k), Belarus ($108k), Turkey ($91.3k), and Lithuania ($46.4k).

The fastest growing export markets for Tool Plates of Serbia between 2021 and 2022 were Russia ($1.02M), Turkey ($91.1k), and Lithuania ($20.7k).

Imports In 2022, Serbia imported $10.6M in Tool Plates, becoming the 49th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 473rd most imported product in Serbia. Serbia imports Tool Plates primarily from: South Korea ($1.91M), Netherlands ($1.89M), Germany ($1.42M), Slovenia ($1.19M), and Sweden ($971k).

The fastest growing import markets in Tool Plates for Serbia between 2021 and 2022 were Netherlands ($559k), Israel ($231k), and Turkey ($116k).

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 Tool Plates. 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)$1.72M
IMPORTS (2022)$10.6M
NET TRADE (2022)-$8.85M

In 2022, Serbia exported $1.72M in Tool Plates. The main destinations of Serbia exports on Tool Plates were Russia ($1.08M), Bosnia and Herzegovina ($182k), Belarus ($108k), Turkey ($91.3k), and Lithuania ($46.4k).

In 2022, Serbia imported $10.6M in Tool Plates, mainly from South Korea ($1.91M), Netherlands ($1.89M), Germany ($1.42M), Slovenia ($1.19M), and Sweden ($971k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Russia$1.02M (1.65k%)
Turkey$91.1k (39.9k%)
Lithuania$20.7k (80.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Serbia WERE (2021 - 2022):
Belarus-$245k (-69.4%)
Bosnia and Herzegovina-$101k (-35.8%)
China-$45.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Tool Plates were:
Germany $1.21B
Japan $880M
China $698M
In 2022, Serbia's main importing competitors in Tool Plates were:

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Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $96.4k
TOP IMPORT POTENTIALGermany+ $553k

Tool Plates’s highest export potential is Turkey. With an export gap of $96.4k.   Tool Plates’s highest import potential is Germany with an import gap of $553k.

See methodology.

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