2022
Exports
$8.65MWorld Rnk 54 / 193
Flag Rnk 325 / 1171
2022
PRODUCT COMPLEXITY IN Electric Generating Sets
0.31Rnk 443 / 1025
2022
Imports
$44.4MWorld Rnk 76 / 221
Flag Rnk 213 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $8.65M in Electric Generating Sets, making it the 54th largest exporter of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 325th most exported product in Serbia. The main destination of Electric Generating Sets exports from Serbia are: Montenegro ($1.46M), Bosnia and Herzegovina ($1.14M), Germany ($1.13M), Croatia ($972k), and Ukraine ($832k).

The fastest growing export markets for Electric Generating Sets of Serbia between 2021 and 2022 were Ukraine ($818k), Montenegro ($744k), and Croatia ($587k).

Imports In 2022, Serbia imported $44.4M in Electric Generating Sets, becoming the 76th largest importer of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 213th most imported product in Serbia. Serbia imports Electric Generating Sets primarily from: Turkey ($15.2M), Spain ($11.7M), China ($5.32M), Hungary ($2.1M), and United Kingdom ($1.72M).

The fastest growing import markets in Electric Generating Sets for Serbia between 2021 and 2022 were Spain ($11.5M), Turkey ($7.26M), and China ($2.75M).

Latest Trends

Mar 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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 Generating Sets. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.65M
IMPORTS (2022)$44.4M
NET TRADE (2022)-$35.7M

In 2022, Serbia exported $8.65M in Electric Generating Sets. The main destinations of Serbia exports on Electric Generating Sets were Montenegro ($1.46M), Bosnia and Herzegovina ($1.14M), Germany ($1.13M), Croatia ($972k), and Ukraine ($832k).

In 2022, Serbia imported $44.4M in Electric Generating Sets, mainly from Turkey ($15.2M), Spain ($11.7M), China ($5.32M), Hungary ($2.1M), and United Kingdom ($1.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Generating Sets EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Ukraine$818k (5.75k%)
Montenegro$744k (103%)
Croatia$587k (153%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Generating Sets BY Serbia WERE (2021 - 2022):
Germany-$418k (-26.9%)
China-$417k (-100%)
Russia-$42.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Electric Generating Sets were:
In 2022, Serbia's main importing competitors in Electric Generating Sets were:

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Trade Value of Electric Generating Sets by Exporters

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