Electric Motors in Serbia | The Observatory of Economic Complexity

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Exports In 2022, Serbia exported $851M in Electric Motors, making it the 19th largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 5th most exported product in Serbia. The main destination of Electric Motors exports from Serbia are: Germany ($398M), Sweden ($122M), Hungary ($47.7M), Italy ($40.3M), and Czechia ($39.1M).

The fastest growing export markets for Electric Motors of Serbia between 2021 and 2022 were Germany ($153M), Sweden ($44.3M), and Hungary ($25.5M).

Imports In 2022, Serbia imported $71.9M in Electric Motors, becoming the 64th largest importer of Electric Motors in the world. At the same year, Electric Motors was the 138th most imported product in Serbia. Serbia imports Electric Motors primarily from: Germany ($13.2M), China ($13M), Italy ($7.1M), Hungary ($5.49M), and Slovenia ($3.61M).

The fastest growing import markets in Electric Motors for Serbia between 2021 and 2022 were Switzerland ($1.49M), Thailand ($1.35M), and Belgium ($679k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Electric Motors from Serbia to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Motors. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$851M

IMPORTS (2022)$71.9M

NET TRADE (2022)$779M

In 2022, Serbia exported $851M in Electric Motors. The main destinations of Serbia exports on Electric Motors were Germany ($398M), Sweden ($122M), Hungary ($47.7M), Italy ($40.3M), and Czechia ($39.1M).

In 2022, Serbia imported $71.9M in Electric Motors, mainly from Germany ($13.2M), China ($13M), Italy ($7.1M), Hungary ($5.49M), and Slovenia ($3.61M).