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How much of Serbia’s trade passes through the Strait of Malacca and Singapore?

In 2024, an estimated $7.1 billion of Serbia’s trade passed through the Strait of Malacca and Singapore, 15% of its seaborne trade. That is $2.8 billion of exports and $4.4 billion of imports. The partners with the most trade through it are China, Russia and South Korea.

Summary

Estimated value
$7.1billion
Of its seaborne trade
15%
Exports
$2.8billion
Imports
$4.4billion

Trend

Estimated value per year

Serbia’s estimated trade through the Strait of Malacca and Singapore rose 86% between 2019 and 2024

Value in USD billions

  • Serbia 7.1

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$21 million7.1%
1996$266 million6.7%
1997$337 million6.3%
1998$330 million5.8%
1999$263 million7.2%
2000$298 million7.3%
2001$442 million8.7%
2002$520 million8.2%
2003$209 million3.7%
2004$1.1 billion10.3%
2005$349 million4.2%
2006$1.6 billion12.4%
2007$2.3 billion12.5%
2008$2.9 billion12.9%
2009$1.6 billion11.4%
2010$1.8 billion11%
2011$2.4 billion11.7%
2012$2.2 billion11.6%
2013$2.4 billion10%
2014$2.4 billion10.2%
2015$2.4 billion11%
2016$2.2 billion10.2%
2017$2.5 billion9.9%
2018$3 billion10.4%
2019$3.8 billion12.6%
2020$3.8 billion13%
2021$5.4 billion14.2%
2022$6.9 billion15.5%
2023$6.3 billion14.1%
2024$7.1 billion15%

Partners whose trade crosses it

Estimated value of its trade with each partner that crosses the chokepoint; the percentage is the share of all its trade through the chokepoint, not of the pair’s trade.

  1. Serbia–China$5.5 billion · 77.2%
  2. Serbia–Russia$544 million · 7.6%
  3. Serbia–South Korea$459 million · 6.4%
  4. Serbia–Japan$282 million · 4%
  5. Serbia–Thailand$124 million · 1.7%
  6. Serbia–Vietnam$77 million · 1.1%
  7. Serbia–Taiwan$61 million · 0.85%
  8. Serbia–Cambodia$48 million · 0.67%
  9. Serbia–Hong Kong$22 million · 0.3%
  10. Serbia–Malaysia$7 million · 0.1%

What crosses it

The products with the highest estimated value in 2024, with their share of the total through the chokepoint.

  1. Copper ore$1.4 billion · 19.6%
  2. Refined copper$473 million · 6.6%
  3. Natural gas and LPG$229 million · 3.2%
  4. Cigarettes and cigars$144 million · 2%
  5. Corn$140 million · 2%
  6. Auto parts$122 million · 1.7%
  7. Coated flat steel$87 million · 1.2%
  8. Air conditioners$86 million · 1.2%
  9. Low-voltage switches and connectors$86 million · 1.2%
  10. Refrigerators, freezers and heat pumps$78 million · 1.1%

Reference ports

Bar (100%)

Each port with the weight it receives from the country’s trade, based on where its GDP is generated and which coast is closest.

Other chokepoints it uses

Sources and method

Sources and licenses

Methodology

We estimate the value crossing each chokepoint from BACI trade that travels by sea according to our mode heuristic, split between each country’s ports by where its GDP is generated and which coast is closest, and routed over our own sea network. It is an estimate, not a count of ships. It covers 99.9% of seaborne trade. The approach follows Verschuur, Lumma and Hall (Nature Communications, 2025). Data up to 2024.

All maritime chokepoints