The total gross value added (GVA) generated by the Chemical, rubber and non-metal industries was around 1.2 billion EUR in 2020, which is 3.1% of the total GVA of the country and 2.6% of Serbia’s GDP. Observed by activities, nearly 509.5 million EUR was created by the manufacture of rubber and plastic products (42.5%) and 346.4 million EUR by the manufacture of chemicals and chemical products (28.9%). The other two activities have a smaller contribution. From 2016 to 2020, the GVA share of chemical, rubber, and non-metal industries in total GVA and GDP of the Republic of Serbia shows a stable trend (except a small peak in 2018).
Export of chemical, rubber, and non-metal products in 2021 amounted to 3.6 billion EUR which is 16.4% of total export, and export of these products is much higher than the previous year (by 30.0%). These industries are hiring 63.9 thousand workers (2.9% of total employment) while most are employed in the manufacture of rubber and plastic products (32.0 thousand). In chemical, rubber and non-metal industries in 2021 was operating 3.1 thousand active companies and 4.6 thousand entrepreneurs which is in total 7.7 thousand.