General

According to customs data, from January to November 2022, Serbia's total import and export volume reached US $62.453 billion, an increase of 16% year on year.

According to Serbian customs data, from January to November 2022, Serbia's total import and export volume reached US $62.453 billion, a year-on-year increase of 16%. Among them, the total export volume was 26.120 billion US dollars, up 12% year on year; Total imports reached 36.333 billion US dollars, up 19.1% year on year; The deficit was US $10.213 billion, a year-on-year increase of 41.8%.

In terms of countries, the top five export destinations of Serbia are Germany (14.03% of the total exports), Italy (7.46%), Bosnia and Herzegovina (7.33%), Hungary (5.18%) and Romania (4.47%); According to customs data, the top five import sources are China (12.7%), Germany (11.74%), Russia (7.58%), Italy (6.84%) and Hungary (5.68%).

According to the customs data, from the perspective of commodity structure, the top five categories of goods in export volume are electric machinery and equipment (11.57% of the total export volume), metal ores and slag (7.16%), engines and motors (4.97%), steel and iron products (4.61%) and fruits and vegetables (4.31%), which account for 32.62% of the total export volume. According to customs data, the top five categories of goods with import volume are oil and its derivatives (7.99%), electric machinery and equipment (6.29%), natural gas (4.51%), general machinery (3.97%) and medical and pharmaceutical products (3.96%), which account for 26.72% of the total import volume. In addition, imports of goods not classified temporarily accounted for 11.9%.