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Trade between Serbia and the United States

In 2024, Serbia exported $758 million to the United States and imported $692 million. Serbia ran a surplus of $66 million with the United States, compared with a deficit of $137 million in 2019. The United States was Serbia’s 17th largest trading partner (2% of its trade), and Serbia was the United States’ 95th (0%).

Summary

Serbia → United States
$758million
United States → Serbia
$692million
Serbia’s balance
$66million

Balance

Serbia’s trade balance with the United States

Trade between Serbia and the United States grew 1,477.2-fold since 1995

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

  • Exports 758
  • Imports 692
  • Balance +66.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$0$981 thousand-$981 thousand
1996$29 million$129 million-$100 million
1997$17 million$141 million-$124 million
1998$24 million$158 million-$134 million
1999$7 million$100 million-$93 million
2000$4 million$91 million-$87 million
2001$8 million$126 million-$117 million
2002$19 million$142 million-$123 million
2003$14 million$41 million-$27 million
2004$101 million$367 million-$267 million
2005$59 million$110 million-$51 million
2006$83 million$246 million-$163 million
2007$87 million$370 million-$283 million
2008$74 million$508 million-$433 million
2009$67 million$316 million-$249 million
2010$126 million$232 million-$106 million
2011$121 million$284 million-$163 million
2012$144 million$314 million-$170 million
2013$524 million$282 million$242 million
2014$325 million$253 million$72 million
2015$294 million$275 million$18 million
2016$319 million$299 million$21 million
2017$291 million$282 million$8 million
2018$326 million$436 million-$110 million
2019$392 million$529 million-$137 million
2020$441 million$426 million$15 million
2021$596 million$461 million$136 million
2022$725 million$697 million$29 million
2023$685 million$551 million$134 million
2024$758 million$692 million$66 million

What they sell each other

What Serbia sells to the United States

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

  1. New tires$188 million · 24.8%
    35 thousand tonnes · the United States’ sources
  2. 2 thousand tonnes
  3. Engine parts$36 million · 4.7%
    2 thousand tonnes
  4. Pet and animal feed$34 million · 4.5%
    10 thousand tonnes
  5. 1 thousand tonnes
  6. Liquid pumps$27 million · 3.6%
    874 tonnes
  7. Vehicle lights and signals$21 million · 2.7%
    164 tonnes
  8. Asphalt mixtures$19 million · 2.4%
    9 thousand tonnes
  9. Frozen fruit$17 million · 2.2%
    4 thousand tonnes
  10. 13 thousand tonnes

What the United States sells to Serbia

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

  1. Turbojets and gas turbines$179 million · 25.9%
    36 tonnes · the United States’ destinations
  2. Airplanes and helicopters$40 million · 5.8%
    179 tonnes · the United States’ destinations
  3. Cars$32 million · 4.6%
    5 thousand tonnes · the United States’ destinations
  4. 105 tonnes · the United States’ destinations
  5. 15 tonnes
  6. Armored vehicles$14 million · 2.1%
    218 tonnes
  7. Military weapons$14 million · 2%
    48 tonnes
  8. 21 tonnes · the United States’ destinations
  9. Vaccines, blood and antisera$13 million · 1.9%
    240 tonnes · the United States’ destinations
  10. Engine parts$11 million · 1.6%
    119 tonnes

How it travels

Estimated sea route from Bar (Montenegro) to Los Angeles.

The estimated sea route between Bar (Montenegro) and Los Angeles is 8,915 nautical miles (16,510 km) long: ≈ 20.5–26.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar and Panama Canal.

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$873 million · 60.2%
  2. Air$577 million · 39.8%

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

How much each matters to the other

The United States was Serbia’s 17th largest trading partner (2% of its trade), and Serbia was the United States’ 95th (0%).

The United States in Serbia’s trade
1.9%
The United States’ rank among Serbia’s partners
17th
Serbia in the United States’ trade
0%
Serbia’s rank among the United States’ partners
95th

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.