Serbia Trade Profile '22

Industrial property Agricultural products Transport Nonagricultural products Other commercial services Travel Merchandise trade Trade in commercial services

Trade Profiles 2022

GDP (million current US$, 2021) 63 068 Rank in world trade, 2021 Exports Imports GDP per capita (US$, 2019-2021) 8 087 Merchandise 70 65 Current account balance (% GDP, 2021) -4.4 excluding intra-EU trade 50 44 Trade per capita (US$, 2019-2021) 4 470 Commercial services 61 69 Trade (% GDP, 2019-2021) 55.3 excluding intra-EU trade 36 47 Value Million US$ 2021 25 564 33 797 2021 2021 0.11 0.15 Breakdown in economy's total exports Breakdown in economy's total imports Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS0811 Fruit and nuts, uncooked or cooked 682 HS2106 Other food preparations 156 HS1005 Maize (corn) 607 HS1806 Chocolate and other cocoa food 125 HS1001 Wheat and meslin 270 HS1905 Bread, pastry, other bakers' wares 110 HS2402 Cigars, cheroots, cigarillos 235 HS2309 Preparations of a kind used in animal feeding 97 HS2309 Preparations of a kind used in animal feeding 234 HS2401 Unmanufactured tobacco 95 Share in economy's trade in agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 4 992 8 14 20 Imports 2 732 10 12 20 Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS8544 Insulated electric conductors 1 786 HS2709 Petroleum oils, crude 1 341 HS2603 Copper ores and concentrates 855 HS3004 Medicaments in measured doses 1 078 HS4011 New pneumatic tyres, of rubber 853 HS8703 Motor cars for transport of persons 641 HS7208 Hot-rolled products of iron +600 606 HS2711 Petroleum gases 598 HS8501 Electric motors and generators 588 HS2710 Petroleum oils, other than crude 586 Share in economy's trade in non-agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 20 249 10 -4 35 Imports 27 238 7 -5 31 By main commodity group, % (2020) By main destination, % (2021) By main origin, % (2021) Annual percentage change Annual percentage change

Serbia

Merchandise exports, f.o.b. 9 -1 31 Merchandise imports, c.i.f. Annual percentage change 2010-2021 2020 2021 7 -2 29 Share in world total imports (%) By main commodity group, % (2020) Share in world total exports (%) 0% 5% 10% HS8544 HS2603 HS4011 HS7208 HS8501 Exports 0% 2% 4% 6% HS2709 HS3004 HS8703 HS2711 HS2710 Imports 0% 2% 4% 6% HS2106 HS1806 HS1905 HS2309 HS2401 Imports 0% 10% 20% HS0811 HS1005 HS1001 HS2402 HS2309 Exports Agricultural products: 22.1 Fuels and mining products: 7.6 Manufactures: 68.5 Other: 1.8 Agricultural products: 10 Fuels and mining products: 12.2 Manufactures: 65.7 Other: 12.1 European Union: 64.5 Bosnia and Herzegovina: 7.2 Russian Federation: 3.9 Montenegro: 3.8 North Macedonia: 3.8 Other: 16.8 European Union: 57.1 China: 12.3 Russian Federation: 5.3 Türkiye: 5 Bosnia and Herzegovina: 2.7 Other: 17.4

318 World Trade Organization – Trade Profiles 2022

Serbia

Value Million US$ 2021 9 199 7 433 2021 2021 0.15 0.13 Breakdown in economy's total exports Breakdown in economy's total imports Value FATS sales 2020 Inward (million US$) 4 918 Outward (million US$) na Value Million US$ 2021 Exports 1 530 Imports 1 907 Exports Value Imports Value Share (%) By sea (2021) 75 By sea (2021) 281 14.7 By air (2021) 356 By air (2021) 277 14.5 By other (2021) 1 087 By other (2021) 1 334 70.0 Value Million US$ 2021 Exports 1 882 Imports 1 617 Million US$ Value 2021 Other commercial services Exports 5 413 Imports 3 769 2021 Goods-related services Exports 374 Imports 141 Residents Total Residents Total Residents Total 138 8 146 1 590 4 631 6 221 98 261 359 Travel exports (Index 2010=100) na -14 2020 Travel 2021 2010-2021 Transport exports (Index 2010=100) 34 6 -16 38 Annual percentage change Share (%) 4.9 23.3 71.1 na 8 -12 -1 na na 2010-2020 2019 2020 Annual percentage change By main services item, % (2021) By main origin, % (2020) -9 30 7 2010-2021 2020 29 Commercial services exports Commercial services imports 9 2021

By main services item, % (2021) By main destination, % (2020) Share in world total exports (%) Share in world total imports (%) Annual percentage change Transport Annual percentage change 2010-2021 2020 2021 6 -23 8 5 -22 51 -38 45 INDUSTRIAL PROPERTY 6 -29 15 20 6 9 Non-residents Non-residents Non-residents Other Commercial Services and Goods-related Services 2020 2 25 Annual percentage change 2010-2021 2021 2010-2021 2020 2021 8 5 11 Exports of OCS by main item (2021) Patent applications, 2020 Trademark applications, 2020 Industrial design applications, 2020 0 100 200 300 2010 2014 2018 2021 Serbia World 0 100 200 300 2010 2014 2018 2021 Serbia World Transport: 16.6 Travel: 20.5 Other commercial services: 58.8 Goods-related services: 4.1 Transport: 25.6 Travel: 21.8 Other commercial services: 50.7 Goods-related services: 1.9 European Union: 50.7 United States of America: 10.6 United Kingdom: 7.1 Switzerland: 6 Russian Federation: 4.1 Other: 21.5 European Union: 57.3 United Kingdom: 7 Türkiye: 5.2 Switzerland: 4.7 Russian Federation: 4.2 Other: 21.7 44.7 40.5 5.3 9.5 Other business services ICTs Personal & cultural Other Serbia 319 World Trade Organization – Trade Profiles 2022