Association of Chemical, Rubber and Non-metal Industries

The total gross value added (GVA) generated by the Chemical, rubber, and non-metal industries was around 1.4 billion EUR in 2021, which is 3.2% of the total GVA of the country and 2.6% of Serbia’s GDP. Observed by activities, nearly 588.4 million EUR was created by the manufacture of rubber and plastic products (42.2%), and 419.4 million EUR by the manufacture of chemicals and chemical products (30.1%). The other two activities have a smaller contribution. From 2017 to 2021, the GVA share of chemical, rubber, and non-metal industries in total GVA and GDP of the Republic of Serbia showed a slightly declining trend.

Export of chemical, rubber, and non-metal products in 2022 amounted to 4.4 billion EUR which is 16.0% of total export. The export of these products is much higher than the previous year (by 24.3%). These industries are hiring 65.0 thousand workers (2.9% of total employment) while most are employed in the manufacturing of rubber and plastic products (32.7 thousand). In the chemical, rubber, and non-metal industries in 2022, there were 3.0 thousand active companies and 4.8 thousand entrepreneurs operating which is in total 7.8 thousand.