Summary
- Share of its imports
- 3.3%
- Value imported
- $1.3billion
- Rank among its suppliers
- 7th
- Products where it sells over 50%
- 6
- Products where it sells over 75%
- 2
- Dominated value
- $1.1billion
- Share of total imports
- 2.7%
Trend
Trend in shares
Russia went from 0% to 3.3% of what Serbia buys
Share (%)
- Russia 3.3%
Source: CEPII BACI
Show the numbers
| Year | Value (USD millions) | Share | Rank |
|---|---|---|---|
| 1995 | 0 | 0% | — |
| 1996 | 276 | 5.9% | 3 |
| 1997 | 402 | 7.5% | 3 |
| 1998 | 447 | 8.4% | 3 |
| 1999 | 249 | 6.4% | 3 |
| 2000 | 299 | 6.6% | 4 |
| 2001 | 644 | 12% | 1 |
| 2002 | 743 | 10.9% | 2 |
| 2003 | 113 | 1.9% | 19 |
| 2004 | 1,392 | 11.8% | 2 |
| 2005 | 183 | 2% | 18 |
| 2006 | 2,142 | 16% | 1 |
| 2007 | 2,554 | 12.8% | 1 |
| 2008 | 3,425 | 13.9% | 1 |
| 2009 | 1,898 | 12.5% | 1 |
| 2010 | 2,033 | 12.9% | 1 |
| 2011 | 2,505 | 12.2% | 1 |
| 2012 | 1,977 | 10.3% | 2 |
| 2013 | 1,821 | 8.6% | 3 |
| 2014 | 2,253 | 11.1% | 2 |
| 2015 | 1,737 | 9.4% | 3 |
| 2016 | 1,479 | 8.1% | 3 |
| 2017 | 1,596 | 7.5% | 3 |
| 2018 | 2,018 | 8% | 3 |
| 2019 | 2,546 | 9.6% | 2 |
| 2020 | 1,342 | 5.2% | 5 |
| 2021 | 1,713 | 5.2% | 5 |
| 2022 | 3,050 | 7.7% | 3 |
| 2023 | 1,695 | 4.4% | 6 |
| 2024 | 1,324 | 3.3% | 7 |
Products where Russia sells more than half
| Product | Supplier | Share | Second | Value |
|---|---|---|---|---|
| Natural gas and LPG | Russia | 75.2%over 75% | Hungary · 19% | $848 million |
| Nitrogen fertilizers | Russia | 58.5% | Hungary · 8.1% | $116 million |
| Mixed fertilizers | Russia | 71.2% | Kazakhstan · 13.2% | $89 million |
| Potash fertilizers | Russia | 68.7% | Germany · 18% | $19 million |
| Phosphates and polyphosphates | Russia | 53.1% | Germany · 10.6% | $4 million |
| Oats | Russia | 88.8%over 75% | Hungary · 5.2% | $1 million |
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?
- Russia sells 8.3% of what the world exports of natural gas and LPG; next come United States (18%), Norway (11%) and Australia (10%). The rest of the world exported 530.7 times what Serbia buys from Russia.
- Russia sells 14.5% of what the world exports of nitrogen fertilizers; next come China (9.5%), Oman (8%) and Qatar (5.3%). The rest of the world exported 250.7 times what Serbia buys from Russia.
- Russia sells 14.6% of what the world exports of mixed fertilizers; next come Morocco (20.4%), China (15.4%) and Saudi Arabia (9%). The rest of the world exported 352.5 times what Serbia buys from Russia.
- Russia sells 22.7% of what the world exports of potash fertilizers; next come Canada (37.7%), Germany (6.9%) and Belarus (5.1%). The rest of the world exported 858.6 times what Serbia buys from Russia.
- Russia sells 2.8% of what the world exports of phosphates and polyphosphates; next come China (33.3%), Germany (9.9%) and United States (6.5%). The rest of the world exported 1,059.6 times what Serbia buys from Russia.
- Russia sells 5% of what the world exports of oats; next come Canada (40.4%), Finland (11.2%) and Australia (10.3%). The rest of the world exported 825.2 times what Serbia buys from Russia.
Exports from the rest of the world already have buyers; the figure shows scale, not availability.
Seen from Russia
Serbia is Russia’s 33rd-largest customer, with 0.35% of its exports.
Links
Sources and method
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
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.