Czechia (CZE) and Serbia (SRB) Trade | The Observatory of Economic Complexity

About

Czechia-Serbia In 2022, Czechia exported $915M to Serbia. The main products that Czechia exported to Serbia are Cars ($117M), Insulated Wire ($65.9M), and Electrical Transformers ($47.1M). During the last 16 years the exports of Czechia to Serbia have increased at an annualized rate of 7.78%, from $276M in 2006 to $915M in 2022.

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

Serbia-Czechia In 2022, Serbia exported $949M to Czechia. The main products that Serbia exported to Czechia were Insulated Wire ($147M), Seats ($107M), and Low-voltage Protection Equipment ($80.2M). During the last 16 years the exports of Serbia to Czechia have increased at an annualized rate of 15.1%, from $101M in 2006 to $949M in 2022.

In 2019, Serbia exported services to Czechia worth $84M, with Other business services ($33.6M), Transportation ($16.8M), and Computer and information services ($11.2M) being the largest in terms of value.

Comparison In 2022, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). That same year, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Czechia exported $915M to Serbia. The main products exported from Czechia to Serbia were Cars ($117M), Insulated Wire ($65.9M), and Electrical Transformers ($47.1M). During the last 16 years the exports of Czechia to Serbia have increased at an annualized rate of 7.78%, from $276M in 2006 to $915M in 2022.

In 2022, Serbia exported $949M to Czechia. The main products exported from Serbia to Czechia were Insulated Wire ($147M), Seats ($107M), and Low-voltage Protection Equipment ($80.2M). During the last 16 years the exports of Serbia to Czechia have increased at an annualized rate of 15.1%, from $101M in 2006 to $949M in 2022.

Exports from Czechia () to Serbia () (2022)

Exports from Serbia () to Czechia () (2022)

Latest Data

Trade between Czechia () and Serbia ()

Czechia Exports

Date

Serbia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$75.3B

Serbia
Top DestinationGermany$4B

This map shows whether countries import more from Czechia or Serbia. Each country is colored based on the difference in imports they receive from Czechia and Serbia or the difference in the growth in imports.

In 2021, countries that imported more from Czechia than Serbia were Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2021, countries that imported more from Serbia than Czechia were Bosnia and Herzegovina ($2.14B), Montenegro ($1.15B), and North Macedonia ($1.03B).

Difference in imports from Serbia () and Czechia () (2022)

Comparative Advantage Czechia - Serbia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Czechia and Serbia by product, considering products traded by both, Czechia and Serbia.

During 2022, Czechia had a large net trade with Serbia in the exports of Machines ($325M), Transportation ($160M), and Plastics and Rubbers ($97.1M).

During 2022, Serbia had a large net trade with Czechia in the exports of Machines ($366M), Metals ($159M), and Miscellaneous ($111M).

Service Trade

Bilateral Service Trade

Srb Year

In 2019, Serbia exported services to Czechia worth $84M, with Other business services ($33.6M), Transportation ($16.8M), and Computer and information services ($11.2M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Serbia () to Czechia () (2019)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Czechia has comparative advantage over Serbia. Similarly, the more yellow a dot/product is, the more Serbia has comparative advantage over Czechia.

About

Historical Data

Bilateral Trade by Products

Exports from Czechia () to Serbia () (2022)

Exports from Serbia () to Czechia () (2022)

Latest Data

Trade between Czechia () and Serbia ()

Czechia Exports

Serbia Exports

Market Competitiveness

Difference in imports from Serbia () and Czechia () (2022)

Comparative Advantage Czechia - Serbia

Service Trade

Bilateral Service Trade

Services Exports from Serbia () to Czechia () (2019)

Economic Complexity

Competitive Landscape

Product Space of Czechia () and Serbia () (2022)

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