Favorable Business Environment
Serbia is, for the first time, only one step away from investment grade, which is a characteristic of economies offering a high security of investment.
An Overview of Foreign Trade Trends – Bilateral Relations of Serbia and Other Countries of the World
SelectCountry
EUR
USD
External trade Serbia - World (2023)
External trade:65,424.8
Export:28,595.8
Export index 2023/2022:103.6
Import:36,829.1
Import index 2023/2022:94.4
Top 5 export partners (2023)
- Germany4,315.8
- Rep. of Bosnia and Herzegovina1,965.4
- Italy1,771.6
- Hungary1,561
- Romania1,431.6
Top 5 import partners (2023)
- Germany4,818.2
- China4,495.5
- Italy2,682.5
- Turkey, Republic of1,730
- Russian Federation1,598.3
Top 5 export products (2023)
- 8544300000 - Ignition wiring sets and other wiring sets for vehicles, aircraft or ships1,666.7
- 2603000000 - Copper ores and concentrates1,341.8
- 2716000000 - Electricity1,262.2
- 4011100000 - New pneumatic tyres, of rubber, of a kind used for motor cars, incl. station wagons and racing ...535.4
- 7403110000 - Copper, refined, in the form of cathodes and sections of cathodes462
Top 5 import products (2023)
- 2709009000 - Petroleum oils and oils obtained from bituminous minerals, crude: other1,791.4
- 2711210000 - Natural gas in gaseous state1,258
- 3004900091 - Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, ...1,022.7
- 2716000000 - Electricity783.4
- 2702100000 - Lignite, whether or not pulverised, non-agglomerated (excl. Jet)367.4
:
Success Stories
Serbia is, for the first time, only one step away from investment grade, which is a characteristic of economies offering a high security of investment.
