2022
Exports
$29MWorld Rnk 22 / 195
Flag Rnk 179 / 1171
2022
PRODUCT COMPLEXITY IN Water
-0.099Rnk 581 / 1025
2022
Imports
$7.06MWorld Rnk 66 / 222
Flag Rnk 570 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $29M in Water, making it the 22nd largest exporter of Water in the world. At the same year, Water was the 179th most exported product in Serbia. The main destination of Water exports from Serbia are: Montenegro ($10.1M), Bosnia and Herzegovina ($6.95M), North Macedonia ($6.56M), Russia ($848k), and Bulgaria ($819k).

The fastest growing export markets for Water of Serbia between 2021 and 2022 were North Macedonia ($392k), Saudi Arabia ($161k), and Montenegro ($133k).

Imports In 2022, Serbia imported $7.06M in Water, becoming the 66th largest importer of Water in the world. At the same year, Water was the 570th most imported product in Serbia. Serbia imports Water primarily from: Slovenia ($2.2M), Croatia ($1.65M), Albania ($925k), Austria ($559k), and Italy ($510k).

The fastest growing import markets in Water for Serbia between 2021 and 2022 were Italy ($117k), Montenegro ($64.9k), and Austria ($57.1k).

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 Water. 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)$29M
IMPORTS (2022)$7.06M
NET TRADE (2022)$21.9M

In 2022, Serbia exported $29M in Water. The main destinations of Serbia exports on Water were Montenegro ($10.1M), Bosnia and Herzegovina ($6.95M), North Macedonia ($6.56M), Russia ($848k), and Bulgaria ($819k).

In 2022, Serbia imported $7.06M in Water, mainly from Slovenia ($2.2M), Croatia ($1.65M), Albania ($925k), Austria ($559k), and Italy ($510k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Water EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
North Macedonia$392k (6.36%)
Saudi Arabia$161k (53.5%)
Montenegro$133k (1.33%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Water BY Serbia WERE (2021 - 2022):
Bulgaria-$937k (-53.4%)
Kuwait-$228k (-37%)
Albania-$167k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Water were:
China $718M
Italy $705M
In 2022, Serbia's main importing competitors in Water were:

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Trade Value of Water by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALItaly+ $387k

Water’s highest export potential is N/A. With an export gap of N/A.   Water’s highest import potential is Italy with an import gap of $387k.

See methodology.

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