Merchandise exports to low- and middle-income economies outside region in Serbia
Serbia: Merchandise exports to low- and middle-income economies outside region was 6.9% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies outside region in Serbia, 2006–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Serbia recorded 6.9% for merchandise exports to low- and middle-income economies outside region in 2023. That is the highest value across all 18 years on record.
The figure is up 11.1% on the previous year and up 221.3% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies outside region in Serbia peaked at 6.9% in 2023 and was at its lowest, 1.7%, in 2007.
That places Serbia 130th 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 to low- and middle-income economies outside region in Serbia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2006 | 1.7% | — |
| 2007 | 1.7% | -2.3% |
| 2008 | 2.6% | +50.9% |
| 2009 | 4.9% | +91.2% |
| 2010 | 3.0% | -39.4% |
| 2011 | 2.4% | -18.6% |
| 2012 | 2.6% | +6.1% |
| 2013 | 2.1% | -16.0% |
| 2014 | 2.2% | +2.2% |
| 2015 | 2.7% | +21.1% |
| 2016 | 2.7% | +0.0% |
| 2017 | 2.5% | -4.9% |
| 2018 | 2.6% | +2.1% |
| 2019 | 4.0% | +53.9% |
| 2020 | 4.8% | +21.4% |
| 2021 | 6.2% | +29.3% |
| 2022 | 6.2% | -0.4% |
| 2023 | 6.9% | +11.1% |
Serbia compared with similar countries
- Serbia's 6.9% is below the median for upper middle income countries, which is 9.6%, 72% of the median. (59 countries reporting)
- Serbia's 6.9% is below the median for Europe & Central Asia, which is 9.2%, 75% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.7% | 1.7% | 4.9% | 4 |
| 2010s | 2.7% | 2.1% | 4.0% | 10 |
| 2020s | 6.0% | 4.8% | 6.9% | 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 to low- and middle-income economies outside region in Serbia?
- Merchandise exports to low- and middle-income economies outside region in Serbia was 6.9% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies outside region recorded in Serbia?
- The highest recorded value was 6.9% in 2023.
- What is the lowest merchandise exports to low- and middle-income economies outside region recorded in Serbia?
- The lowest recorded value was 1.7% in 2007.
- How does Serbia rank for merchandise exports to low- and middle-income economies outside region?
- Serbia ranks 130th out of 206 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies outside region rising or falling in Serbia?
- Over the last ten years it is up 221.3%. 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 to low- and middle-income economies outside region (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.