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Trade between Serbia and Slovenia

In 2024, Serbia exported $858 million to Slovenia and imported $1.1 billion. Serbia ran a deficit of $250 million with Slovenia, compared with a deficit of $82 million in 2019. Slovenia was Serbia’s 14th largest trading partner (3% of its trade), and Serbia was Slovenia’s 16th (1%).

Summary

Serbia → Slovenia
$858million
Slovenia → Serbia
$1.1billion
Serbia’s balance
-$250million

Balance

Serbia’s trade balance with Slovenia

Trade between Serbia and Slovenia grew 185.2-fold since 1995

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

  • Exports 0.9
  • Imports 1.1
  • Balance -0.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$2 million$9 million-$8 million
1996$37 million$89 million-$52 million
1997$46 million$112 million-$66 million
1998$72 million$103 million-$32 million
1999$40 million$78 million-$37 million
2000$42 million$121 million-$80 million
2001$50 million$211 million-$161 million
2002$69 million$318 million-$248 million
2003$79 million$392 million-$313 million
2004$170 million$486 million-$316 million
2005$237 million$646 million-$409 million
2006$307 million$509 million-$201 million
2007$491 million$855 million-$364 million
2008$581 million$834 million-$253 million
2009$394 million$633 million-$239 million
2010$504 million$614 million-$110 million
2011$592 million$727 million-$135 million
2012$495 million$704 million-$209 million
2013$571 million$703 million-$131 million
2014$568 million$665 million-$98 million
2015$488 million$642 million-$154 million
2016$546 million$678 million-$133 million
2017$608 million$734 million-$126 million
2018$764 million$830 million-$66 million
2019$754 million$836 million-$82 million
2020$687 million$831 million-$144 million
2021$952 million$976 million-$23 million
2022$873 million$1.1 billion-$232 million
2023$865 million$1.1 billion-$188 million
2024$858 million$1.1 billion-$250 million

What they sell each other

What Serbia sells to Slovenia

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

  1. Medical and dental instruments$90 million · 10.5%
    9 thousand tonnes
  2. Aluminum sheet$58 million · 6.7%
    15 thousand tonnes
  3. 3 thousand tonnes
  4. 2 thousand tonnes
  5. 3 thousand tonnes
  6. Soft drinks$19 million · 2.3%
    24 thousand tonnes
  7. Cables and wire$19 million · 2.2%
    943 tonnes · Serbia’s destinations
  8. 238 tonnes
  9. Railway parts$18 million · 2.2%
    4 thousand tonnes
  10. Bread, biscuits and pastries$14 million · 1.7%
    6 thousand tonnes

What Slovenia sells to Serbia

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

  1. 1 thousand tonnes · Slovenia’s destinations
  2. Cars$54 million · 4.9%
    6 thousand tonnes · Slovenia’s destinations
  3. Vaccines, blood and antisera$24 million · 2.1%
    60 tonnes · Slovenia’s destinations
  4. Railway parts$22 million · 2%
    10 thousand tonnes
  5. Electricity$22 million · 2%
  6. Refined petroleum$21 million · 1.9%
    30 thousand tonnes · Slovenia’s destinations
  7. 2 thousand tonnes
  8. Other leather articles$15 million · 1.3%
    90 tonnes
  9. Sausages$14 million · 1.3%
    3 thousand tonnes
  10. Other food preparations$14 million · 1.3%
    1 thousand tonnes

How it travels

Estimated sea route from Bar (Montenegro) to Koper.

The estimated sea route between Bar (Montenegro) and Koper is 364 nautical miles (674 km) long: ≈ 1 day 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

  1. Sea$1.6 billion · 80.1%
  2. Air$392 million · 19.9%

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

How much each matters to the other

Slovenia was Serbia’s 14th largest trading partner (3% of its trade), and Serbia was Slovenia’s 16th (1%).

Slovenia in Serbia’s trade
2.6%
Slovenia’s rank among Serbia’s partners
14th
Serbia in Slovenia’s trade
1.4%
Serbia’s rank among Slovenia’s partners
16th

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.