Serbia is the 71st largest export economy in the world and the 40th most complex economy according to the Economic Complexity Index (ECI). In 2017, Serbia exported $16.8B and imported $20.1B, resulting in a negative trade balance of $3.28B. In 2017 the GDP of Serbia was $41.4B and its GDP per capita was $15.4k.
The top exports of Serbia are Cars ($1.06B), Insulated Wire ($895M), Rubber Tires ($592M), Electric Motors ($391M) and Frozen Fruits and Nuts ($382M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Crude Petroleum ($859M), Vehicle Parts ($718M), Packaged Medicaments ($669M), Refined Petroleum ($559M) and Cars ($539M).
The top export destinations of Serbia are Germany ($2.15B), Italy ($2.11B), Bosnia and Herzegovina ($1.24B), Russia ($1.03B) and Romania ($695M). The top import origins are Germany ($2.5B), Italy ($1.94B), China ($1.41B), Russia ($1.4B) and Hungary ($1.07B).