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Balance of Trade In Goods and Services (Local Currency) fell 52.9% to RSD -586 bil in Serbia in 2024

Balance of Trade In Goods and Services (Local Currency) (RSD bil), 2024
Economy | Serbia | September 1, 2025
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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