Serbia's Export Data in 2023 - Tendata

tendata blogTrade Data

ten data blog02-04-2024

In 2023, the Republic of Serbia exported $30.8 billion worth of export products to all parts of the world. Compared to $28.6 billion in 2022, the total value of Serbia's exports increased by 7.7%.


Best Trading Partners for Purchasing Serbian Exports

The latest specific Tendata data shows that 64.9% of Serbian exports were purchased by importers from the following countries: Germany (15.2% of the global total), Bosnia and Herzegovina (6.9%), Italy (6.2%), Hungary (5.5%), Romania (5%), Montenegro (4.3%), Serbia (3.9%), Czech Republic (3.81%), Mainland China (3.77%), Croatia (3.6%), Bulgaria (3.4%) and Northern Macedonia (3.3%).


From a continental perspective, 86% of Serbia's exports went to the rest of Europe, while 9.5% went to Asian importers. Serbia exported another 2.3% to North America.


Africa (1.6%), Latin America (0.4%) (excluding Mexico but including the Caribbean) to a lesser extent, and then Oceania (0.2%), led by Australia.


Serbia's Top 10 Exports

According to the latest Tendata data, the top 10 export products of Serbia in 2023 are:

1. electrical machinery and equipment: $5.1 billion (16.6%)

2. machinery including computers: $2.7 billion (8.6%)

3. mineral fuels including oil: $1.9 billion (6.1%)

4. ores, slag, ash: $1.44 billion (4.7%)

5. plastics, plastic products: $1.31 billion (4.2%)

6. Rubber, rubber products: $1.29 billion (4.2%)

7. Vehicles: $1.2 billion (3.9%)

8. Furniture, bedding, lighting, signs, prefabricated buildings: $1 billion (3.3%)

9. Copper: $839.2 million (2.7%)

10. Iron and steel products: $818.5 million (2.7%)


Serbia's top 10 export products account for more than half (57%) of Serbia's total exports.


Mineral fuels, including oil, are the fastest growing of the top 10 export categories, increasing by 74.4% from 2022 to 2023. The second highest improvement in export sales was copper, which grew by 68.8%. Vehicle shipments from Serbia ranked third in terms of increase, growing by 32.2%.


The biggest drop in Serbia's top 10 export categories was ores, slag and ash, down -24.8% year-on-year.


At the more detailed four-digit Harmonized Tariff System (HTS) code level, Serbia's most valuable export was insulated wire and cable (7%). In second place were Serbia's exports of electrical energy (4.44%), followed by copper ores and concentrates (4.38%), electric motors and generators (3.1%), new rubber tires (2.9%), automotive parts and components (2.5%), frozen fruits and nuts (1.68%), refined copper plus unwrought rolled alloys (1.59%), chairs excluding barber's and dentist's chairs (1.59%) and then processed petroleum (1.47%).


Expand your business with Tendata's customs data, trade statistics and import/export data. Use the most powerful platform to find and contact potential Serbian importers and exporters. Get quick answers for trade using Tendata's export data platform.


>>Comprehensive Information on Serbia Export Data for Businesses<<


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Get comprehensive Serbia export data in minutes!

Find more opportunities and grow your business with Tendata's Serbia export data. You can use the information at your fingertips to efficiently find new buyers, suppliers, and their transaction prices to develop better trading strategies.


Quickly identify potential customers' supply chain information, including suppliers and buyers. You can further access information on each of their orders, including prices and specific products traded.

With the powerful visualization of transaction data, importers and exporters can quickly grasp information about potential customers and competing companies, adjust their market strategies, and reduce the risk of transaction failure.


Serbia Export Customs Data Coverage?

When you look for Serbia export data, we provide you with information on exporter, weight, quality, price, number of trades, export value in Serbia in that category, business ups and downs, and more. You can filter the columns you want to see by using advanced filters. Use Serbia customs data to find exporting companies and discover hidden business opportunities.


Optimize your Serbia export data results by searching through filters such as product description, customs code, country of origin, country of destination, brand, exporter name, exporter code, exporter address, country of trade, country of origin, producer name, customs declaration number, kilograms of net weight, quantity, method of transaction, name of payer, and more. Use Serbia customs data to find and evaluate whether Serbia exporters are your potential customers.


What About Tendata's Serbia Export Data?

Importers and exporters alike need detailed customs data to analyze visual trends, identify market opportunities, track competitors and understand supply chain potential. The Tendata trade data platform collects and packages this information as business intelligence. Get access to quality, specialized Serbian import data online, supported 24/7 by Tendata's industry professionals, and empower your business with data-driven insights.


Tendata provides market analysis solutions, customer analysis solutions, customer maintenance solutions, customer management solutions to help importers and exporters understand the flow of goods across borders and has the most comprehensive import database in China. We save you a lot of time in customer acquisition by reviewing, standardizing and cleaning your data.


Data Sources for Tendata Solutions

1. Trade data: Tendata provides 10 billion+ trade data covering 218 countries and regions, accumulating 2 billion+ trade transaction details, precisely analyzing the distribution of global target import and export countries, and the environment of the target country's market, which can be shown in detail.


2. Business data: Tendata provides business data covering 198 countries, 230+ industry segments, 210 million+ enterprises' in-depth data, covering the operation status of enterprises, financial information, peer rivals, executives, etc. The data is fine, which makes it easy to assess the real strength of the target customers in depth and expand the potential customer base.


3. Cloud search data: Tendata provides cloud search data covering 172 countries and 700 million+ enterprise contact information, including company name, official website link, product pictures, contact person and other basic information, but also integrates the information of Collingwood, social platforms and other information, which helps foreign trade enterprises to understand the customers and the market in a panoramic way. In addition, the real-time updated data also allows enterprises to keep abreast of market changes and respond quickly.


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