Association of Chemical, Rubber and Non-metal Industries

The chemical, rubber, and non-metal industries generated a total gross value added (GVA) of around 1.5 billion EUR in 2022. This equals 3.0% of the country's total GVA and 2.5% of Serbia's GDP. The manufacture of rubber and plastic products accounted for nearly 618.0 million EUR (40.7%) of the total, while the manufacture of chemicals and chemical products contributed 462.4 million EUR (30.4%). The other two activities had a smaller contribution to the total GVA. Between 2018 and 2022, the GVA share of chemical, rubber, and non-metal industries in the total GVA and GDP of Serbia showed a slightly declining trend.

In 2023, the export of chemical, rubber, and non-metal products amounted to 4.1 billion EUR, which is equivalent to 14.3% of the total export. However, this figure was lower than the previous year's exports by 6.9%. These industries employed 65.4 thousand workers, which accounts for 2.8% of total employment. The manufacture of rubber and plastic products employed the most workers, with 33.3 thousand employed. As of 2023, there were 2.9 thousand active companies and 5.0 thousand entrepreneurs operating in the chemical, rubber, and non-metal industries, bringing the total to 7.9 thousand.

Share of GVA by Chemical, rubber, and non-metal industries in total GVA and GDP (in %)