Merchandise exports by the reporting economy in Serbia
Serbia: Merchandise exports by the reporting economy was 30.90 billion current US$ in 2023. ▲ Rising
Merchandise exports by the reporting economy in Serbia, 2006–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Serbia recorded 30.90 billion current US$ for merchandise exports by the reporting economy in 2023. That is the highest value across all 18 years on record.
The figure is up 6.4% on the previous year and up 110.0% over ten years.
Over the whole period, merchandise exports by the reporting economy in Serbia peaked at 30.90 billion current US$ in 2023 and was at its lowest, 5.72 billion current US$, in 2006.
That places Serbia 65th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Merchandise exports by the reporting economy in Serbia, year by year
| Year | current US$ | Change |
|---|---|---|
| 2006 | 5.72 billion current US$ | — |
| 2007 | 8.82 billion current US$ | +54.2% |
| 2008 | 10.97 billion current US$ | +24.3% |
| 2009 | 8.34 billion current US$ | -24.0% |
| 2010 | 9.79 billion current US$ | +17.4% |
| 2011 | 11.78 billion current US$ | +20.3% |
| 2012 | 11.35 billion current US$ | -3.7% |
| 2013 | 14.72 billion current US$ | +29.7% |
| 2014 | 14.80 billion current US$ | +0.6% |
| 2015 | 13.35 billion current US$ | -9.8% |
| 2016 | 14.68 billion current US$ | +9.9% |
| 2017 | 16.60 billion current US$ | +13.1% |
| 2018 | 18.32 billion current US$ | +10.4% |
| 2019 | 18.74 billion current US$ | +2.3% |
| 2020 | 19.49 billion current US$ | +4.0% |
| 2021 | 25.56 billion current US$ | +31.1% |
| 2022 | 29.06 billion current US$ | +13.7% |
| 2023 | 30.90 billion current US$ | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.46 billion current US$ | 5.72 billion current US$ | 10.97 billion current US$ | 4 |
| 2010s | 14.41 billion current US$ | 9.79 billion current US$ | 18.74 billion current US$ | 10 |
| 2020s | 26.25 billion current US$ | 19.49 billion current US$ | 30.90 billion current US$ | 4 |
Countries ranked near Serbia
More private sector data for Serbia
- Merchandise trade 84.6% (2025)
- Food imports 5.8% (2007)
- Manufactures imports 69.5% (2007)
- Merchandise imports 47.23 billion current US$ (2025)
- Food exports 18.6% (2007)
- Manufactures exports 65.9% (2007)
- Merchandise exports 37.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 5,698 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3733 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 18.13 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Serbia?
- Merchandise exports by the reporting economy in Serbia was 30.90 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Serbia?
- The highest recorded value was 30.90 billion current US$ in 2023.
- What is the lowest merchandise exports by the reporting economy recorded in Serbia?
- The lowest recorded value was 5.72 billion current US$ in 2006.
- How does Serbia rank for merchandise exports by the reporting economy?
- Serbia ranks 65th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Serbia?
- Over the last ten years it is up 110.0%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.