Balance of trade in goods and services fell 52.9% to RSD -586 bil in Serbia in 2024, according to the National Statistical Office.
Historically, balance of trade in goods and services in Serbia reached an all time high of RSD -1.82 bil in 1995 and an all time low of RSD -779 bil in 2022. When compared to Serbia's main peers, balance of trade in goods and services in Bosnia and Herzegovina amounted to BAM -7.34 bil, HRK -2.67 bil in Croatia, HUF 4,524 bil in Hungary and RON -107 bil in Romania in 2024.
Serbia has been ranked 102nd within the group of 130 countries we follow in terms of balance of trade in goods and services, 32 places above the position seen 10 years ago.
Balance of Trade In Goods and Services (Local Currency) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Austria | EUR bil | 11.6 | 14.2 | 12.8 | 3.55 | -2.05 | ||||||||||||||||
Bosnia and Herzegovina | BAM bil | -4.91 | -5.17 | -4.77 | -4.44 | -6.20 | ||||||||||||||||
Bulgaria | BGN bil | 2.93 | 4.00 | 3.06 | 3.47 | 1.88 | ||||||||||||||||
Croatia | HRK bil | -0.444 | -0.222 | -3.54 | -1.60 | -4.21 | ||||||||||||||||
Czechia | CZK bil | 333 | 359 | 393 | 235 | 56.9 | ||||||||||||||||
Hungary | HUF bil | 1,783 | 1,057 | 913 | 62.0 | -3,176 | ||||||||||||||||
Italy | EUR bil | 41.8 | 57.8 | 58.7 | 37.6 | -36.3 | ||||||||||||||||
Moldova | MDL bil | -49.3 | -52.1 | -46.8 | -65.8 | -81.4 | ||||||||||||||||
Montenegro | EUR bil | -1.11 | -1.05 | -1.47 | -0.959 | -1.35 | ||||||||||||||||
Poland | PLN bil | 43.4 | 84.3 | 133 | 85.2 | 52.2 | ||||||||||||||||
Romania | RON bil | -33.6 | -44.9 | -47.0 | -67.4 | -95.9 | ||||||||||||||||
Serbia | RSD bil | -435 | -547 | -468 | -504 | -779 | ||||||||||||||||
Slovakia | EUR bil | 1.01 | -0.033 | 1.00 | -0.464 | -6.55 | ||||||||||||||||
Slovenia | EUR bil | 3.88 | 4.18 | 4.20 | 3.05 | 0.993 | ||||||||||||||||
Ukraine | UAH bil | -311 | -320 | -63.9 | -72.0 | -865 |