Summary
- Serbia → Turkey
- $1.2billion
- Turkey → Serbia
- $2.4billion
- Serbia’s balance
- -$1.2billion
Balance
Serbia’s trade balance with Turkey
Trade between Serbia and Turkey grew 48.3-fold since 1996
USD billions (current). Serbia’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 1.2
- Imports 2.4
- Balance -1.2
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $0 | $0 | $0 |
| 1996 | $31 million | $43 million | -$12 million |
| 1997 | $33 million | $74 million | -$41 million |
| 1998 | $26 million | $109 million | -$83 million |
| 1999 | $27 million | $83 million | -$57 million |
| 2000 | $51 million | $124 million | -$73 million |
| 2001 | $9 million | $97 million | -$89 million |
| 2002 | $12 million | $142 million | -$130 million |
| 2003 | $30 million | $185 million | -$155 million |
| 2004 | $88 million | $243 million | -$154 million |
| 2005 | $97 million | $258 million | -$161 million |
| 2006 | $40 million | $258 million | -$218 million |
| 2007 | $76 million | $542 million | -$466 million |
| 2008 | $65 million | $607 million | -$542 million |
| 2009 | $67 million | $412 million | -$345 million |
| 2010 | $125 million | $443 million | -$318 million |
| 2011 | $224 million | $534 million | -$310 million |
| 2012 | $214 million | $555 million | -$342 million |
| 2013 | $274 million | $651 million | -$377 million |
| 2014 | $334 million | $705 million | -$371 million |
| 2015 | $343 million | $682 million | -$339 million |
| 2016 | $339 million | $761 million | -$422 million |
| 2017 | $499 million | $931 million | -$432 million |
| 2018 | $381 million | $1.1 billion | -$715 million |
| 2019 | $431 million | $1.2 billion | -$786 million |
| 2020 | $428 million | $1.3 billion | -$828 million |
| 2021 | $438 million | $1.8 billion | -$1.4 billion |
| 2022 | $566 million | $2.2 billion | -$1.6 billion |
| 2023 | $678 million | $2 billion | -$1.3 billion |
| 2024 | $1.2 billion | $2.4 billion | -$1.2 billion |
What they sell each other
What Serbia sells to Turkey
The top 10 headings in 2024, with their share of the total.
What Turkey sells to Serbia
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Bar (Montenegro) and Istanbul is 871 nautical miles (1,612 km) long: ≈ 2–2.5 days at sea (at 18 and 14 knots).
Passages it crosses: Dardanelles.
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
Turkey was Serbia’s 5th largest trading partner (5% of its trade), and Serbia was Turkey’s 35th (0.6%).
- Turkey in Serbia’s trade
- 4.8%
- Turkey’s rank among Serbia’s partners
- 5th
- Serbia in Turkey’s trade
- 0.6%
- Serbia’s rank among Turkey’s partners
- 35th
Compare with
Other partners of Serbia
Other partners of Turkey
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.