2022
Exports
$63.5MWorld Rnk 38 / 200
Flag Rnk 99 / 1171
2022
PRODUCT COMPLEXITY IN Washing and Bottling Machines
0.96Rnk 191 / 1025
2022
Imports
$132MWorld Rnk 50 / 224
Flag Rnk 71 / 1196
2022
ECONOMIC COMPLEXITY of Serbia
0.75Rnk 36 / 133

About

Exports In 2022, Serbia exported $63.5M in Washing and Bottling Machines, making it the 38th largest exporter of Washing and Bottling Machines in the world. At the same year, Washing and Bottling Machines was the 99th most exported product in Serbia. The main destination of Washing and Bottling Machines exports from Serbia are: Germany ($9.44M), United States ($8.51M), Russia ($7.25M), Italy ($5.88M), and Bosnia and Herzegovina ($3.66M).

The fastest growing export markets for Washing and Bottling Machines of Serbia between 2021 and 2022 were Russia ($5.89M), United States ($4.2M), and Mexico ($1.75M).

Imports In 2022, Serbia imported $132M in Washing and Bottling Machines, becoming the 50th largest importer of Washing and Bottling Machines in the world. At the same year, Washing and Bottling Machines was the 71st most imported product in Serbia. Serbia imports Washing and Bottling Machines primarily from: Italy ($28.9M), Germany ($27M), Turkey ($17.5M), China ($11.9M), and Slovenia ($8.04M).

The fastest growing import markets in Washing and Bottling Machines for Serbia between 2021 and 2022 were China ($4.97M), Slovakia ($3.05M), and Netherlands ($2.72M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Washing and Bottling Machines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$63.5M
IMPORTS (2022)$132M
NET TRADE (2022)-$68.4M

In 2022, Serbia exported $63.5M in Washing and Bottling Machines. The main destinations of Serbia exports on Washing and Bottling Machines were Germany ($9.44M), United States ($8.51M), Russia ($7.25M), Italy ($5.88M), and Bosnia and Herzegovina ($3.66M).

In 2022, Serbia imported $132M in Washing and Bottling Machines, mainly from Italy ($28.9M), Germany ($27M), Turkey ($17.5M), China ($11.9M), and Slovenia ($8.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Washing and Bottling Machines EXPORT MARKETS FOR Serbia WERE (2021 - 2022):
Russia$5.89M (434%)
United States$4.2M (97.3%)
Mexico$1.75M (511%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Washing and Bottling Machines BY Serbia WERE (2021 - 2022):
Poland-$4.47M (-83.5%)
Italy-$4.17M (-41.5%)
South Africa-$1.35M (-90.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Serbia's main exporting competitors in Washing and Bottling Machines were:
Germany $7.48B
Italy $6.22B
China $3.97B
In 2022, Serbia's main importing competitors in Washing and Bottling Machines were:

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Trade Value of Washing and Bottling Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $7.42M
TOP IMPORT POTENTIALGermany+ $5.97M

Washing and Bottling Machines’s highest export potential is United States. With an export gap of $7.42M.   Washing and Bottling Machines’s highest import potential is Germany with an import gap of $5.97M.

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