Serbia / Germany

Serbia-Germany In 2022, Serbia exported $4B to Germany. The main products that Serbia exported to Germany are Insulated Wire ($550M), Electric Motors ($398M), and Electric Motor Parts ($286M). During the last 16 years the exports of Serbia to Germany have increased at an annualized rate of 11.7%, from $681M in 2006 to $4B in 2022.

In 2019, Serbia exported services to Germany worth $708M, with Other business services ($250M), Transportation ($146M), and Computer and information services ($122M) being the largest in terms of value.

Germany-Serbia In 2022, Germany exported $4.74B to Serbia. The main products that Germany exported to Serbia were Copper Wire ($254M), Packaged Medicaments ($241M), and Cars ($213M). During the last 16 years the exports of Germany to Serbia have increased at an annualized rate of 6.99%, from $1.61B in 2006 to $4.74B in 2022.

In 2022, Germany did not export any services to Serbia.

Comparison In 2022,  Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).