Serbia
Europe
Trade in Serbia
| Serbia was the world’s 71st largest exporter of goods and 52nd largest exporter of commercial services in 2022. Export values were $29.06 billion and $11.60 billion USD respectively. Serbia’s top export category was Manufactures, followed by Machinery and transport equipment, and Agricultural products. In 2022, Serbia’s main export destination markets for goods and services trade were to Germany, Italy and Bosnia, with trade representing 138.65 per cent of GDP. In terms of imports, Serbia is the world’s 64th largest importer of goods and 63rd largest importer of commercial services. Import values were $41.15 billion and $9.18 billion USD respectively in 2022. Serbia’s top import category was Manufactures, followed by Machinery and transport equipment and Fuels and mining products. Leading import partners were Germany, China and Italy. Serbia is part of 9 different Regional Trade Agreements, including Central European Free Trade Agreement (CEFTA) 2006 and EFTA – Serbia. |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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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 InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Serbian dinar |
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Exchange Rate |
Google Finance Currencies |
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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. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Industrial Property Offices |
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Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
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National Tariff Finder |
https://www.carina.rs/en/business-community/CustomsTariff.html |
Last Reviewed: June, 2024
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