Summary
- Italy → Serbia
- $2.8billion
- Serbia → Italy
- $1.7billion
- Italy’s balance
- $1billion
Balance
Italy’s trade balance with Serbia
Trade between Italy and Serbia grew 661-fold since 1995
USD billions (current). Italy’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 2.8
- Imports 1.7
- Balance +1
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $7 million | $0 | $7 million |
| 1996 | $507 million | $280 million | $227 million |
| 1997 | $562 million | $471 million | $91 million |
| 1998 | $627 million | $424 million | $203 million |
| 1999 | $430 million | $201 million | $229 million |
| 2000 | $484 million | $284 million | $201 million |
| 2001 | $602 million | $393 million | $209 million |
| 2002 | $733 million | $493 million | $239 million |
| 2003 | $865 million | $596 million | $269 million |
| 2004 | $1.2 billion | $730 million | $454 million |
| 2005 | $1.2 billion | $852 million | $302 million |
| 2006 | $1.1 billion | $926 million | $165 million |
| 2007 | $1.9 billion | $1.2 billion | $700 million |
| 2008 | $2.2 billion | $1.1 billion | $1 billion |
| 2009 | $1.3 billion | $955 million | $339 million |
| 2010 | $1.2 billion | $1.2 billion | $7 million |
| 2011 | $1.6 billion | $1.4 billion | $258 million |
| 2012 | $1.6 billion | $1.3 billion | $342 million |
| 2013 | $2.3 billion | $2.3 billion | $41 million |
| 2014 | $2.3 billion | $2.5 billion | -$268 million |
| 2015 | $1.9 billion | $2.2 billion | -$241 million |
| 2016 | $1.8 billion | $2.2 billion | -$336 million |
| 2017 | $2.1 billion | $2.2 billion | -$162 million |
| 2018 | $2.2 billion | $2.4 billion | -$106 million |
| 2019 | $2.2 billion | $2 billion | $219 million |
| 2020 | $2 billion | $1.6 billion | $392 million |
| 2021 | $2.5 billion | $2 billion | $539 million |
| 2022 | $2.5 billion | $1.9 billion | $560 million |
| 2023 | $2.6 billion | $1.7 billion | $861 million |
| 2024 | $2.8 billion | $1.7 billion | $1 billion |
What they sell each other
What Italy sells to Serbia
The top 10 headings in 2024, with their share of the total.
What Serbia sells to Italy
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Genoa and Bar (Montenegro) is 849 nautical miles (1,573 km) long: ≈ 2–2.5 days at sea (at 18 and 14 knots).
It does not cross any major canal or strait.
Serbia is landlocked: it ships through Bar (Montenegro).
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Serbia was Italy’s 50th largest trading partner (0.4% of its trade), and Italy was Serbia’s 3rd (6%).
- Serbia in Italy’s trade
- 0.4%
- Serbia’s rank among Italy’s partners
- 50th
- Italy in Serbia’s trade
- 6.1%
- Italy’s rank among Serbia’s partners
- 3rd
Compare with
Other partners of Italy
Other partners of Serbia
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.