Greece (GRC) and Serbia (SRB) Trade | The Observatory of Economic Complexity

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Greece-Serbia In 2022, Greece exported $575M to Serbia. The main products that Greece exported to Serbia are Aluminium Plating ($64.2M), Aluminium Bars ($28.3M), and Raw Aluminium ($27.9M). During the last 16 years the exports of Greece to Serbia have increased at an annualized rate of 4.85%, from $269M in 2006 to $575M in 2022.

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

Serbia-Greece In 2022, Serbia exported $313M to Greece. The main products that Serbia exported to Greece were Paper Containers ($20.9M), Soybean Oil ($18.8M), and Rubber Tires ($11.9M). During the last 16 years the exports of Serbia to Greece have increased at an annualized rate of 4.31%, from $159M in 2006 to $313M in 2022.

In 2019, Serbia exported services to Greece worth $90.7M, with Transportation ($38.1M), Travel ($38.1M), and Other business services ($10.1M) being the largest in terms of value.

Comparison In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). 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, Greece exported $575M to Serbia. The main products exported from Greece to Serbia were Aluminium Plating ($64.2M), Aluminium Bars ($28.3M), and Raw Aluminium ($27.9M). During the last 16 years the exports of Greece to Serbia have increased at an annualized rate of 4.85%, from $269M in 2006 to $575M in 2022.

In 2022, Serbia exported $313M to Greece. The main products exported from Serbia to Greece were Paper Containers ($20.9M), Soybean Oil ($18.8M), and Rubber Tires ($11.9M). During the last 16 years the exports of Serbia to Greece have increased at an annualized rate of 4.31%, from $159M in 2006 to $313M in 2022.

Exports from Greece () to Serbia () (2022)

Exports from Serbia () to Greece () (2022)

Latest Data

Trade between Greece () and Serbia ()

Greece Exports

Date

Serbia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Serbia
Top DestinationGermany$4B

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

In 2021, countries that imported more from Greece than Serbia were Italy ($5.82B), Cyprus ($2.92B), and Bulgaria ($3.62B).

In 2021, countries that imported more from Serbia than Greece were Bosnia and Herzegovina ($2.14B), Hungary ($1.69B), and Russia ($1.19B).

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

Comparative Advantage Greece - Serbia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Serbia in the exports of Metals ($200M), Vegetable Products ($61.5M), and Chemical Products ($61M).

During 2022, Serbia had a large net trade with Greece in the exports of Foodstuffs ($60.1M), Paper Goods ($51.5M), and Metals ($51.4M).

Service Trade

Bilateral Service Trade

Srb Year

In 2019, Serbia exported services to Greece worth $90.7M, with Transportation ($38.1M), Travel ($38.1M), and Other business services ($10.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Serbia () to Greece () (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 Greece has comparative advantage over Serbia. Similarly, the more yellow a dot/product is, the more Serbia has comparative advantage over Greece.

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Serbia () (2022)

Exports from Serbia () to Greece () (2022)

Latest Data

Trade between Greece () and Serbia ()

Greece Exports

Serbia Exports

Market Competitiveness

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

Comparative Advantage Greece - Serbia

Service Trade

Bilateral Service Trade

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

Economic Complexity

Competitive Landscape

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

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