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Trade between Czechia and Serbia

In 2024, Czechia exported $1 billion to Serbia and imported $1.4 billion. Czechia ran a deficit of $321 million with Serbia, compared with a surplus of $9 million in 2019. Serbia was Czechia’s 28th largest trading partner (0.5% of its trade), and Czechia was Serbia’s 9th (3%).

Summary

Czechia → Serbia
$1billion
Serbia → Czechia
$1.4billion
Czechia’s balance
-$321million

Balance

Czechia’s trade balance with Serbia

Trade between Czechia and Serbia grew 135-fold since 1995

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

  • Exports 1
  • Imports 1.4
  • Balance -0.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$17 million$681 thousand$16 million
1996$96 million$19 million$77 million
1997$78 million$21 million$57 million
1998$129 million$25 million$104 million
1999$86 million$19 million$67 million
2000$93 million$22 million$71 million
2001$98 million$19 million$79 million
2002$143 million$29 million$115 million
2003$128 million$29 million$99 million
2004$248 million$52 million$196 million
2005$203 million$64 million$139 million
2006$244 million$104 million$140 million
2007$455 million$130 million$324 million
2008$468 million$261 million$207 million
2009$257 million$158 million$99 million
2010$288 million$159 million$129 million
2011$465 million$223 million$241 million
2012$415 million$207 million$208 million
2013$459 million$389 million$69 million
2014$487 million$437 million$50 million
2015$438 million$319 million$119 million
2016$468 million$370 million$98 million
2017$565 million$421 million$144 million
2018$672 million$666 million$6 million
2019$739 million$730 million$9 million
2020$644 million$769 million-$125 million
2021$917 million$990 million-$73 million
2022$831 million$997 million-$166 million
2023$1.1 billion$1.3 billion-$205 million
2024$1 billion$1.4 billion-$321 million

What they sell each other

What Czechia sells to Serbia

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

  1. Cars$213 million · 20.4%
    18 thousand tonnes · Czechia’s destinations
  2. Cables and wire$77 million · 7.4%
    5 thousand tonnes · Czechia’s destinations
  3. Motor and generator parts$59 million · 5.7%
    4 thousand tonnes
  4. 698 tonnes
  5. Copper scrap$43 million · 4.1%
    5 thousand tonnes
  6. Auto parts$30 million · 2.9%
    4 thousand tonnes · Czechia’s destinations
  7. Coal$21 million · 2%
    93 thousand tonnes
  8. 358 tonnes
  9. Synthetic rubber$16 million · 1.6%
    8 thousand tonnes
  10. Plastic packaging$15 million · 1.5%
    6 thousand tonnes

What Serbia sells to Czechia

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

  1. Cables and wire$246 million · 18%
    10 thousand tonnes · Serbia’s destinations
  2. Seats and chairs$163 million · 11.9%
    10 thousand tonnes
  3. 3 thousand tonnes
  4. Auto parts$93 million · 6.8%
    12 thousand tonnes · Czechia’s sources
  5. Other aluminum articles$80 million · 5.9%
    10 thousand tonnes
  6. 2 thousand tonnes
  7. Hot-rolled flat steel$53 million · 3.9%
    69 thousand tonnes
  8. Plastic pipes and hoses$51 million · 3.8%
    6 thousand tonnes
  9. Copper plates and strip$41 million · 3%
    4 thousand tonnes
  10. Vehicle lights and signals$40 million · 2.9%
    2 thousand tonnes

How it travels

Czechia and Serbia traded $2.4 billion in 2024 (both directions together). They trade mostly by sea (92% of the value), but there is no estimated route for this pair.

Split by transport mode

  1. Sea$2.2 billion · 92.2%
  2. Air$188 million · 7.8%

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

How much each matters to the other

Serbia was Czechia’s 28th largest trading partner (0.5% of its trade), and Czechia was Serbia’s 9th (3%).

Serbia in Czechia’s trade
0.5%
Serbia’s rank among Czechia’s partners
28th
Czechia in Serbia’s trade
3.2%
Czechia’s rank among Serbia’s partners
9th

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.