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Serbia
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Top Exports
As of 2023, Serbia's merchandise exports totaled approximately **US\$30.93 billion**, reflecting a 6.5% increase compared to the previous year. The country's export portfolio is diverse, encompassing electrical equipment, machinery, mineral fuels, and various agricultural products. | Rank | Product Category | Export Value (US\$ Billion) | Share of Total Exports | | ---- | ------------------------------------------------------------ | --------------------------- | ---------------------- | | 1 | **Electrical, electronic equipment** | \$5.11 | 16.5% | | 2 | **Machinery, nuclear reactors, boilers** | \$2.65 | 8.6% | | 3 | **Mineral fuels, oils, distillation products** | \$1.88 | 6.1% | | 4 | **Ores, slag, and ash** | \$1.55 | 5.0% | | 5 | **Plastics and articles thereof** | \$1.31 | 4.2% | | 6 | **Rubber and articles thereof** | \$1.29 | 4.2% | | 7 | **Vehicles other than railway or tramway rolling stock** | \$1.20 | 3.9% | | 8 | **Furniture, lighting, signs, prefabricated buildings** | \$1.01 | 3.3% | | 9 | **Copper and articles thereof** | \$0.84 | 2.7% | | 10 | **Articles of iron or steel** | \$0.82 | 2.6% | | 11 | **Iron and steel** | \$0.82 | 2.6% | | 12 | **Edible fruits and nuts; peel of citrus fruit or melons** | \$0.79 | 2.6% | | 13 | **Paper and paperboard, articles of pulp, paper, and board** | \$0.67 | 2.2% | | 14 | **Aluminum and articles thereof** | \$0.60 | 1.9% | | 15 | **Tobacco and manufactured tobacco substitutes** | \$0.59 | 1.9% | | 16 | **Articles of apparel, knit or crocheted** | \$0.58 | 1.9% | | 17 | **Beverages, spirits, and vinegar** | \$0.51 | 1.6% | | 18 | **Cereals** | \$0.47 | 1.5% | | 19 | **Pharmaceutical products** | \$0.46 | 1.5% | | 20 | **Soaps, lubricants, waxes, candles, modeling pastes** | \$0.46 | 1.5% | Top Export Destinations **Germany**: \$4.66 billion (15.0% of total exports) **Bosnia and Herzegovina**: \$2.12 billion (6.9%) **Italy**: \$1.91 billion (6.2%) **Hungary**: \$1.68 billion (5.4%) **Romania**: \$1.56 billion (5.0%) These figures highlight Serbia's strong trade relationships within Europe.
