2022
Flag  
GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 186
2022
Flag
 GDP
$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP GROWTH
46.6%CURRENT US$
Rnk 71 / 186
2022
Flag
GDP PC 
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 186
2022
Flag
GDP PC
$9,394CURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP PC GROWTH
56.1%CURRENT US$
Rnk 32 / 186

About

Poland-Serbia Trade: In 2022, Poland exported $1.35B to Serbia. The main products that Poland exported to Serbia were Coke ($79.4M), Other Furniture ($37.3M), and Kaolin Coated Paper ($32.1M). Over the past 5 years the exports of Poland to Serbia have increased at an annualized rate of 6.53%, from $987M in 2017 to $1.35B in 2022.

In 2022, Poland did not export any services to Serbia.

Serbia-Poland Trade: In 2022, Serbia exported $980M to Poland. The main products that Serbia exported to Poland were Hot-Rolled Iron ($136M), Low-voltage Protection Equipment ($84.3M), and Rubber Tires ($70.1M). Over the past 5 years the exports of Serbia to Poland have increased at an annualized rate of 17.4%,  from $439M in 2017 to $980M in 2022.

In 2019, Serbia exported services to Poland worth $89.6M, with Other business services ($36.9M), Transportation ($23.5M), and Travel ($16.8M) being the largest in terms of value.

Comparison: In 2022,  Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B). That same year, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Poland exported $1.35B to Serbia. The main products exported from Poland to Serbia were Coke ($79.4M), Other Furniture ($37.3M), and Kaolin Coated Paper ($32.1M). During the last 5 years the exports of Poland to Serbia have increased at an annualized rate of 6.53%, from $987M in 2017 to $1.35B in 2022.

In 2017, Serbia exported $980M to Poland. The main products exported from Serbia to Poland were Hot-Rolled Iron ($136M), Low-voltage Protection Equipment ($84.3M), and Rubber Tires ($70.1M). During the last 5 years the exports of Serbia to Poland have increased at an annualized rate of 17.4%, from $439M in 2022 to $980M in 2017.

Exports from Poland (Flag) to Serbia (Flag) (2022)

Exports from Serbia (Flag) to Poland (Flag) (2022)

Latest Data

Trade between Poland (Flag) and Serbia (Flag)

Poland Exports

Serbia Exports

Market Competitiveness

Color
Poland
Top Destination
Germany$93.1B
Serbia
Top Destination
Germany$4B

This map shows whether countries import more from Poland or Serbia. Each country is colored based on the difference in imports they receive from Poland and Serbia or the difference in the growth in imports.

In 2022, countries that imported more from Poland than Serbia included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

In 2022, countries that imported more from Serbia than Poland included Bosnia and Herzegovina ($2.14B), Montenegro ($1.15B), and North Macedonia ($1.03B).

Difference in imports from Serbia (Flag) and Poland (Flag) (2022)

Comparative Advantage Poland - Serbia

Flow
Scale

This chart compares trade between Poland and Serbia by product, considering products traded by both, Poland and Serbia.

During 2022, Poland had a large net trade with Serbia in the exports of Machines ($212M), Metals ($158M), and Plastics and Rubbers ($146M).

During 2017, Serbia had a large net trade with Poland in the exports of Machines ($271M), Metals ($257M), and Plastics and Rubbers ($113M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Poland Serbia+$20.6MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Serbia Poland+$29.4MInsulated Wire

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2019, Serbia exported services to Poland worth $89.6M, with Other business services ($36.9M), Transportation ($23.5M), and Travel ($16.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Serbia (Flag) to Poland (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Poland and Serbia. This means that a dot/product with the flag of Poland indicates it has a comparative advantage over Serbia. Similarly, a dot/product with the flag of Serbia indicates it has a comparative advantage over Poland.

Product Space of Poland (Flag) and Serbia (Flag) (2022)

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