Serbia

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Serbia world map

Trade in Serbia

Serbia was the world’s 70th largest exporter of goods and 61st largest exporter of commercial services in 2021. Export values were 25.6 and 9.2 billion USD respectively. Serbia’s top export category was manufactures, followed by agricultural products, and fuels and mining products. In 2020, Serbia’s main export destination markets for goods and services trade were to Germany, Italy and Bosnia, with trade representing 104.72 per cent of GDP. In terms of imports, Serbia is the world’s 65th largest importer of goods and  largest importer of commercial services. Import values were $33.8 billion USD in 2021. Serbia’s top import category was manufactures, followed by fuels and mining products and agricultural products.  Leading import partners were Germany, China and Italy. Serbia is part of 8 different Regional Trade Agreements, such as Central European Free Trade Agreement (CEFTA) 2006, EFTA – Serbia and EU – Serbia.
Regional Trade Agreements Database

General Information

This section includes general information on the economy, legal system, official languages and links to additional demographic information.

Official Name

Republic of Serbia

Abbreviation

RS

Capital

Belgrade

WTO Membership Date

Observer

Legal System

civil law system

Language

Serbian

Number of Time Zone(s)

1

Additional Information

Financial Information

This section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance.

Currency

Serbian dinar

Exchange Rate

 Google Finance Currencies

GTFP Confirming Banks

Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited.

  • Eurobank EFG Stedionica AD - Belgrade, Serbia - SWIFT: EFGBRSBG

  • KBC Banka - Belgrade, Serbia - SWIFT: AAAARSBG

  • Raiffeisen Banka AD - Belgrade, Serbia - SWIFT: RZBSRSBG

  • Sberbank Srbija AD Beograd - Belgrade, Serbia - SWIFT: SABRRSBG

  • UniCredit Bank Serbia JSC - Belgrade, Serbia - SWIFT: BACXRSBG

Contact Information

This section includes contact information for business support organizations and national resources.

Business Support Organizations

Industrial Property Offices

  • Intellectual Property Office of the Republic of Serbia

Additional Information

 ePing alert

Links to other helpful resources

This section includes additional links to trade-related resources.

National Tariff Finder

 https://www.carina.rs/en/business-community/CustomsTariff.html

Last Reviewed: June, 2023

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