2022
Flag  
GDP
$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
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GDP GROWTH
46.6%CURRENT US$
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2022
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 GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
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GDP PC 
$9,394CURRENT US$
Rnk 80 / 186
2012-2022
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GDP PC GROWTH
56.1%CURRENT US$
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2022
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GDP PC
$104,039CURRENT US$
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2012-2022
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GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Serbia-Ireland In 2022, Serbia exported $42.1M to Ireland. The main products that Serbia exported to Ireland are Planes, Helicopters, and/or Spacecraft ($13M), Gas Turbines ($11M), and Packaged Medicaments ($4.54M). During the last 16 years the exports of Serbia to Ireland have increased at an annualized rate of 7%, from $14.3M in 2006 to $42.1M in 2022.

In 2019, Serbia exported services to Ireland worth $139M, with Other business services ($63.8M), Computer and information services ($48.1M), and Transportation ($19M) being the largest in terms of value.

Ireland-Serbia In 2022, Ireland exported $144M to Serbia. The main products that Ireland exported to Serbia were Scented Mixtures ($34.5M), Packaged Medicaments ($28.9M), and Vaccines, blood, antisera, toxins and cultures ($14.7M). During the last 16 years the exports of Ireland to Serbia have increased at an annualized rate of 7.09%, from $48.1M in 2006 to $144M in 2022.

In 2022, Ireland 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Serbia exported $42.1M to Ireland. The main products exported from Serbia to Ireland were Planes, Helicopters, and/or Spacecraft ($13M), Gas Turbines ($11M), and Packaged Medicaments ($4.54M). During the last 16 years the exports of Serbia to Ireland have increased at an annualized rate of 7%, from $14.3M in 2006 to $42.1M in 2022.

In 2022, Ireland exported $144M to Serbia. The main products exported from Ireland to Serbia were Scented Mixtures ($34.5M), Packaged Medicaments ($28.9M), and Vaccines, blood, antisera, toxins and cultures ($14.7M). During the last 16 years the exports of Ireland to Serbia have increased at an annualized rate of 7.09%, from $48.1M in 2006 to $144M in 2022.

Exports from Serbia (Flag) to Ireland (Flag) (2022)

Exports from Ireland (Flag) to Serbia (Flag) (2022)

Latest Data

Trade between Serbia (Flag) and Ireland (Flag)

Serbia Exports

Ireland Exports

Market Competitiveness

Color
Serbia
Top Destination
Germany$4B
Ireland
Top Destination
United States$70.7B

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

In 2021, countries that imported more from Serbia than Ireland were Bosnia and Herzegovina ($2.14B), Montenegro ($1.15B), and Croatia ($1.25B).

In 2021, countries that imported more from Ireland than Serbia were United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

Difference in imports from Ireland (Flag) and Serbia (Flag) (2022)

Comparative Advantage Serbia - Ireland

Flow
Scale

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

During 2022, Serbia had a large net trade with Ireland in the exports of Transportation ($13.6M), Machines ($12.5M), and Plastics and Rubbers ($6.45M).

During 2022, Ireland had a large net trade with Serbia in the exports of Chemical Products ($106M), Machines ($10.3M), and Instruments ($10.1M).

Service Trade

Bilateral Service Trade

In 2019, Serbia exported services to Ireland worth $139M, with Other business services ($63.8M), Computer and information services ($48.1M), and Transportation ($19M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Serbia (Flag) to Ireland (Flag) (2019)

Economic Complexity

Competitive Landscape

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 Serbia has comparative advantage over Ireland. Similarly, the more yellow a dot/product is, the more Ireland has comparative advantage over Serbia.

Product Space of Serbia (Flag) and Ireland (Flag) (2022)

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