Merchandise trade in Serbia
Serbia: Merchandise trade was 84.6% in 2025. ▲ Rising
Merchandise trade in Serbia, 2006–2025
Source: World Trade Organization (WTO). Measured in % of GDP.
Analysis
Serbia recorded 84.6% for merchandise trade in 2025.
The figure is up 3.2% on the previous year and up 11.8% over ten years.
Over the whole period, merchandise trade in Serbia peaked at 105.1% in 2022 and was at its lowest, 51.9%, in 2009.
Serbia ranks 42nd of 204 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Merchandise trade in Serbia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2006 | 58.9% | — |
| 2007 | 62.4% | +5.9% |
| 2008 | 65.1% | +4.4% |
| 2009 | 51.9% | -20.2% |
| 2010 | 60.9% | +17.3% |
| 2011 | 61.7% | +1.3% |
| 2012 | 66.9% | +8.3% |
| 2013 | 69.7% | +4.2% |
| 2014 | 72.2% | +3.6% |
| 2015 | 75.7% | +4.9% |
| 2016 | 80.8% | +6.8% |
| 2017 | 84.7% | +4.8% |
| 2018 | 85.5% | +0.9% |
| 2019 | 86.1% | +0.7% |
| 2020 | 81.8% | -4.9% |
| 2021 | 89.7% | +9.6% |
| 2022 | 105.1% | +17.1% |
| 2023 | 87.0% | -17.2% |
| 2024 | 82.0% | -5.8% |
| 2025 | 84.6% | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 59.6% | 51.9% | 65.1% | 4 |
| 2010s | 74.4% | 60.9% | 86.1% | 10 |
| 2020s | 88.4% | 81.8% | 105.1% | 6 |
Countries ranked near Serbia
- 39 Seychelles 86.7% compare
- 40 Eswatini 86.4% compare
- 41 Lebanon 85.9% compare
- 43 Solomon Islands 83.8% compare
- 44 Bulgaria 83.5% compare
- 45 Micronesia (country) 83.5% compare
More private sector data for Serbia
- 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$), annual growth rate 18.13 % change on previous year (2025)
- Merchandise imports (current US$), per capita 7,211 current US$ per person (2025)
Frequently asked questions
- What is merchandise trade in Serbia?
- Merchandise trade in Serbia was 84.6% in 2025, according to World Trade Organization (WTO).
- What is the highest merchandise trade recorded in Serbia?
- The highest recorded value was 105.1% in 2022.
- What is the lowest merchandise trade recorded in Serbia?
- The lowest recorded value was 51.9% in 2009.
- How does Serbia rank for merchandise trade?
- Serbia ranks 42nd out of 204 countries with data for 2025.
- Is merchandise trade rising or falling in Serbia?
- Over the last ten years it is up 11.8%. The long-run trend across the full record is rising.
- Where does this Serbia data come from?
- The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.