2022
Exports
$1.75MWorld Rnk 67 / 157
Flag Rnk 565 / 1171
2022
PRODUCT COMPLEXITY IN Unpackaged Medicaments
0.61Rnk 312 / 1025
2022
Imports
$6.21MWorld Rnk 93 / 215
Flag Rnk 585 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $1.75M in Unpackaged Medicaments, making it the 67th largest exporter of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 565th most exported product in Serbia. The main destination of Unpackaged Medicaments exports from Serbia are: Hungary ($862k), Bosnia and Herzegovina ($367k), Belgium ($330k), Bulgaria ($94.2k), and North Macedonia ($42.6k).

The fastest growing export markets for Unpackaged Medicaments of Serbia between 2021 and 2022 were Hungary ($732k), Bosnia and Herzegovina ($367k), and Belgium ($114k).

Imports In 2022, Serbia imported $6.21M in Unpackaged Medicaments, becoming the 93rd largest importer of Unpackaged Medicaments in the world. At the same year, Unpackaged Medicaments was the 585th most imported product in Serbia. Serbia imports Unpackaged Medicaments primarily from: Ireland ($2.97M), Croatia ($645k), Switzerland ($494k), Poland ($463k), and Italy ($364k).

The fastest growing import markets in Unpackaged Medicaments for Serbia between 2021 and 2022 were Poland ($319k), China ($226k), and Ireland ($200k).

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 Unpackaged Medicaments. 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)$1.75M
IMPORTS (2022)$6.21M
NET TRADE (2022)-$4.47M

In 2022, Serbia exported $1.75M in Unpackaged Medicaments. The main destinations of Serbia exports on Unpackaged Medicaments were Hungary ($862k), Bosnia and Herzegovina ($367k), Belgium ($330k), Bulgaria ($94.2k), and North Macedonia ($42.6k).

In 2022, Serbia imported $6.21M in Unpackaged Medicaments, mainly from Ireland ($2.97M), Croatia ($645k), Switzerland ($494k), Poland ($463k), and Italy ($364k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unpackaged Medicaments EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Hungary$732k (561%)
Belgium$114k (52.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unpackaged Medicaments BY Serbia WERE (2021 - 2022):
Montenegro-$267k (-93.9%)
Switzerland-$59.6k (-87.7%)
Saudi Arabia-$28.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Unpackaged Medicaments were:
In 2022, Serbia's main importing competitors in Unpackaged Medicaments were:

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Trade Value of Unpackaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALHungary+ $240k
TOP IMPORT POTENTIALChina+ $306k

Unpackaged Medicaments’s highest export potential is Hungary. With an export gap of $240k.   Unpackaged Medicaments’s highest import potential is China with an import gap of $306k.

See methodology.

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