globaltraffic.earth

How dependent is Serbia on China?

In 2024, China sold $4.3 billion to Serbia, 10.8% of its imports, ranking 2nd among its suppliers. Its share was 8.1% in 2019 and 1.9% in 1995. In 52 products it sells more than 50% of what Serbia buys of them (in 9, more than 75%); what Serbia buys from China in those products (dominated value) adds up to $680 million, 1.7% of its imports.

Summary

Share of its imports
10.8%
Value imported
$4.3billion
Rank among its suppliers
2nd
Products where it sells over 50%
52
Products where it sells over 75%
9
Dominated value
$680million
Share of total imports
1.7%

Trend

Trend in shares

China went from 1.9% to 10.8% of what Serbia buys

Share (%)

  • China 10.8%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
1995111.9%14
1996521.1%25
1997701.3%23
1998641.2%25
1999852.2%15
20001052.3%14
20011542.9%11
20021972.9%10
20031362.2%16
20045474.6%4
20052012.2%17
20067975.9%4
20071,3586.8%4
20081,6996.9%4
20099786.5%4
20101,0406.6%4
20111,3866.8%4
20121,2776.7%4
20131,3876.6%4
20141,3366.6%4
20151,3747.4%4
20161,2486.8%4
20171,4766.9%4
20181,8477.3%4
20192,1568.1%4
20202,79210.8%2
20213,57010.8%2
20224,13810.5%1
20233,95810.3%2
20244,30710.8%2

Products where China sells more than half

ProductSupplierShareSecondValue
ComputersChina55.2%Austria · 9%$146 million
Air conditionersChina51.9%Italy · 10.7%$78 million
Monitors and projectorsChina69.3%Hungary · 7.4%$73 million
Bags, suitcases and casesChina59.9%Turkey · 6.7%$47 million
Printed circuit boardsChina55.6%South Korea · 23.5%$43 million
ToysChina57.1%Czechia · 7.1%$42 million
Magnets and electromagnetsChina57.4%Germany · 8.9%$24 million
Nitrogen heterocyclic compoundsChina52.4%India · 21%$21 million
Microphones and speakersChina50.5%Hungary · 12.3%$20 million
Parts for broadcast equipmentChina55.1%France · 14.2%$17 million
Propellant powdersChina86.9%over 75%United States · 8.8%$16 million
Vacuum cleanersChina56.4%Austria · 7.7%$16 million
Hydrocarbon derivativesChina86%over 75%Bosnia and Herzegovina · 4.1%$12 million
Electron tubes and valvesChina95%over 75%Portugal · 1.9%$10 million
Nucleic acids and other heterocyclesChina56.9%Slovakia · 12%$9 million
Unwrought tinChina67.2%Netherlands · 11.6%$9 million
Festive and Christmas articlesChina70.9%Greece · 12.3%$7 million
Halogenated hydrocarbonsChina84.9%over 75%Italy · 2.5%$7 million
Ballpoint pens, markers and fountain pensChina55.5%Germany · 11.8%$6 million
Earthenware and ceramic tablewareChina71.4%Italy · 7.4%$6 million
Baby carriages and strollersChina69.3%Slovenia · 6.5%$5 million
Costume jewelryChina60%Thailand · 11.6%$4 million
Knitted and felt hatsChina63.7%Turkey · 5.5%$4 million
SulfonamidesChina56%India · 35.9%$4 million
Blankets and travel rugsChina67.2%Turkey · 12.5%$4 million
Metallurgical converters and casting machinesChina60.7%Germany · 11.9%$4 million
Umbrellas and parasolsChina66%Bosnia and Herzegovina · 11.7%$4 million
Knitted glovesChina69.2%Sri Lanka · 6.9%$4 million
Combs and hair accessoriesChina76.3%over 75%Hungary · 10.8%$3 million
Artificial flowers and foliageChina70.1%Hungary · 15.6%$3 million

and 22 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from China

Serbia is China’s 85th-largest customer, with 0.12% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.