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Trade between Croatia and Serbia

In 2024, Croatia exported $1.1 billion to Serbia and imported $1.1 billion. Croatia ran a surplus of $47 million with Serbia, compared with a deficit of $2 million in 2019. Serbia was Croatia’s 10th largest trading partner (3% of its trade), and Croatia was Serbia’s 11th (3%).

Summary

Croatia → Serbia
$1.1billion
Serbia → Croatia
$1.1billion
Croatia’s balance
$47million

Balance

Croatia’s trade balance with Serbia

Trade between Croatia and Serbia grew 199.5-fold since 1996

USD billions (current). Croatia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.1
  • Imports 1.1
  • Balance +0

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$0$0$0
1996$11 million$470 thousand$10 million
1997$39 million$54 million-$15 million
1998$18 million$20 million-$3 million
1999$32 million$25 million$7 million
2000$81 million$32 million$49 million
2001$150 million$44 million$107 million
2002$163 million$58 million$105 million
2003$191 million$77 million$114 million
2004$273 million$149 million$123 million
2005$393 million$169 million$224 million
2006$454 million$262 million$192 million
2007$610 million$344 million$267 million
2008$682 million$447 million$235 million
2009$469 million$296 million$173 million
2010$438 million$321 million$117 million
2011$490 million$429 million$61 million
2012$529 million$391 million$139 million
2013$523 million$428 million$94 million
2014$608 million$495 million$113 million
2015$611 million$501 million$110 million
2016$530 million$567 million-$37 million
2017$596 million$681 million-$85 million
2018$656 million$726 million-$70 million
2019$676 million$677 million-$2 million
2020$690 million$690 million$495 thousand
2021$882 million$963 million-$81 million
2022$1.2 billion$1.5 billion-$380 million
2023$1.1 billion$1.2 billion-$98 million
2024$1.1 billion$1.1 billion$47 million

What they sell each other

What Croatia sells to Serbia

The top 10 headings in 2024, with their share of the total.

  1. Electricity$145 million · 12.8%
  2. Soybeans$78 million · 6.9%
    163 thousand tonnes
  3. Glass bottles and jars$46 million · 4.1%
    67 thousand tonnes
  4. Cement$38 million · 3.4%
    290 thousand tonnes
  5. Gold$27 million · 2.4%
  6. Uncoated paper$23 million · 2.1%
    50 thousand tonnes
  7. Chocolate$23 million · 2.1%
    4 thousand tonnes
  8. Other food preparations$23 million · 2%
    6 thousand tonnes
  9. 3 thousand tonnes
  10. Railway parts$16 million · 1.4%
    3 thousand tonnes

What Serbia sells to Croatia

The top 10 headings in 2024, with their share of the total.

  1. Electricity$123 million · 11.4%
  2. Bread, biscuits and pastries$28 million · 2.6%
    11 thousand tonnes
  3. Chocolate$27 million · 2.5%
    4 thousand tonnes
  4. Pasta$26 million · 2.4%
    11 thousand tonnes
  5. Mixed fertilizers$26 million · 2.4%
    54 thousand tonnes
  6. 3 thousand tonnes
  7. Plastic packaging$23 million · 2.1%
    7 thousand tonnes
  8. Soft drinks$22 million · 2.1%
    24 thousand tonnes
  9. 624 tonnes
  10. Furniture$22 million · 2.1%
    7 thousand tonnes

How it travels

Croatia and Serbia traded $2.2 billion in 2024 (both directions together). They trade mostly over land: 100% of the value travels by truck, rail or pipeline.

Split by transport mode

  1. Land$2.2 billion · 100%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Serbia was Croatia’s 10th largest trading partner (3% of its trade), and Croatia was Serbia’s 11th (3%).

Serbia in Croatia’s trade
3.2%
Serbia’s rank among Croatia’s partners
10th
Croatia in Serbia’s trade
3%
Croatia’s rank among Serbia’s partners
11th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.