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Trade between Serbia and Slovakia

In 2024, Serbia exported $824 million to Slovakia and imported $499 million. Serbia ran a surplus of $325 million with Slovakia, compared with a surplus of $157 million in 2019. Slovakia was Serbia’s 18th largest trading partner (2% of its trade), and Serbia was Slovakia’s 25th (0.6%).

Summary

Serbia → Slovakia
$824million
Slovakia → Serbia
$499million
Serbia’s balance
$325million

Balance

Serbia’s trade balance with Slovakia

Trade between Serbia and Slovakia grew 316.6-fold since 1995

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

  • Exports 824
  • Imports 499
  • Balance +325

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$222 thousand$4 million-$4 million
1996$10 million$63 million-$53 million
1997$19 million$78 million-$59 million
1998$26 million$67 million-$41 million
1999$7 million$32 million-$25 million
2000$17 million$39 million-$22 million
2001$17 million$51 million-$34 million
2002$37 million$85 million-$47 million
2003$15 million$62 million-$47 million
2004$26 million$170 million-$143 million
2005$35 million$133 million-$97 million
2006$46 million$168 million-$122 million
2007$108 million$329 million-$221 million
2008$257 million$412 million-$155 million
2009$135 million$327 million-$191 million
2010$184 million$395 million-$211 million
2011$220 million$311 million-$91 million
2012$261 million$264 million-$3 million
2013$292 million$336 million-$44 million
2014$267 million$263 million$4 million
2015$256 million$254 million$2 million
2016$339 million$277 million$62 million
2017$361 million$287 million$74 million
2018$430 million$309 million$122 million
2019$487 million$330 million$157 million
2020$387 million$303 million$84 million
2021$557 million$440 million$117 million
2022$678 million$542 million$137 million
2023$695 million$469 million$226 million
2024$824 million$499 million$325 million

What they sell each other

What Serbia sells to Slovakia

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

  1. Cables and wire$257 million · 31.2%
    10 thousand tonnes · Serbia’s destinations
  2. Railway freight cars$71 million · 8.6%
    12 thousand tonnes
  3. Control panels$44 million · 5.4%
    285 tonnes
  4. Auto parts$39 million · 4.8%
    7 thousand tonnes · Slovakia’s sources
  5. Hot-rolled flat steel$37 million · 4.5%
    49 thousand tonnes
  6. 3 thousand tonnes
  7. Monitors and projectors$29 million · 3.5%
    159 tonnes
  8. Seats and chairs$18 million · 2.2%
    1 thousand tonnes
  9. 1 thousand tonnes
  10. 1 thousand tonnes

What Slovakia sells to Serbia

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

  1. Cars$38 million · 7.6%
    3 thousand tonnes · Slovakia’s destinations
  2. Auto parts$29 million · 5.8%
    4 thousand tonnes · Slovakia’s destinations
  3. Cables and wire$26 million · 5.2%
    2 thousand tonnes · Slovakia’s destinations
  4. Coal$22 million · 4.3%
    98 thousand tonnes
  5. 42 tonnes
  6. Writing and printing paper$14 million · 2.8%
    13 thousand tonnes
  7. Toilet paper and tissues$11 million · 2.2%
    1 thousand tonnes
  8. Copper scrap$10 million · 2%
    1 thousand tonnes
  9. Refined petroleum$9 million · 1.9%
    12 thousand tonnes · Slovakia’s destinations
  10. Steel wire$9 million · 1.8%
    6 thousand tonnes

How it travels

Serbia and Slovakia traded $1.3 billion in 2024 (both directions together). They trade mostly by sea (87% of the value), but there is no estimated route for this pair.

Split by transport mode

  1. Sea$1.1 billion · 86.6%
  2. Air$177 million · 13.4%

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

How much each matters to the other

Slovakia was Serbia’s 18th largest trading partner (2% of its trade), and Serbia was Slovakia’s 25th (0.6%).

Slovakia in Serbia’s trade
1.8%
Slovakia’s rank among Serbia’s partners
18th
Serbia in Slovakia’s trade
0.6%
Serbia’s rank among Slovakia’s partners
25th

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.