{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:12.740Z",
  "seo": {
    "title": "Brazil exports to Serbia: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Brazil to Serbia, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "BRA",
    "country_name": "Brazil"
  },
  "importer": {
    "iso3": "SRB",
    "country_name": "Serbia"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "BRA",
    "importer_iso3": "SRB",
    "all_history_lane_count": 101,
    "current_lane_count": 56,
    "current_product_count": 56,
    "first_observed_last_year": 2006,
    "latest_data_year": 2024,
    "current_trade_usd": 49888806.794734456,
    "attention_trade_usd": 2466969.4365754873,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 9597939.021370618,
    "unrecovered_drawdown_trade_usd": 5238840.866676799,
    "declining_demand_trade_usd": 563276.4332035567,
    "concentrated_market_trade_usd": 14104937.187757375,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 2,
    "high_volatility_lane_count": 25,
    "unrecovered_drawdown_lane_count": 17,
    "declining_demand_lane_count": 1,
    "concentrated_market_lane_count": 14,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0.7082679823236486,
    "trade_weighted_below_peak_pct": 9.764378667402285,
    "product_concentration_hhi": 1800.7815198882793,
    "top1_product_share_pct": 31.31510715421182,
    "top3_product_share_pct": 69.01462359555697,
    "top_product_hs6": "090111",
    "top_product_trade_usd": 15622733.3057288,
    "top_product_description": "Coffee: not roasted or decaffeinated",
    "top_attention_product_hs6": "470329",
    "top_attention_product_reason": "Current trade remains more than 50% below its historical peak",
    "distance_km": null,
    "shares_land_border": null,
    "shares_official_language": null,
    "common_spoken_language_score": null,
    "has_reported_fta": null,
    "avg_applied_tariff_pct": 6.247825097777777,
    "avg_mfn_tariff_pct": 6.247825097777777,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": null,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": null,
    "buyer_gdp_pc_latest": null,
    "buyer_population_latest": null,
    "buyer_gdp_5y_cagr_pct": 10.836286255256834,
    "buyer_gdp_pc_5y_cagr_pct": 12.018236663180426,
    "buyer_population_5y_cagr_pct": -1.0551410583952703,
    "buyer_investment_5y_avg_pct": null,
    "buyer_savings_5y_avg_pct": null,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 4.944935738242321,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "declining_buyer_demand",
      "concentrated_buyer_markets"
    ],
    "attention_level": "Watch",
    "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure",
    "buyer_gdp_mn_2024": null,
    "buyer_gdp_pc_2024": null,
    "buyer_population_2024": null
  },
  "history": [
    {
      "year": 2006,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 43044322.57258351,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2007,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 57980837.120625295,
      "yoy_growth_pct": 34.70031273661023,
      "cagr_3y_pct": null
    },
    {
      "year": 2008,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 55656362.29453717,
      "yoy_growth_pct": -4.009039781975221,
      "cagr_3y_pct": null
    },
    {
      "year": 2009,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 44452917.31166312,
      "yoy_growth_pct": -20.129675244646194,
      "cagr_3y_pct": 1.079122602093463
    },
    {
      "year": 2010,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 44496596.06638817,
      "yoy_growth_pct": 0.09825846618527478,
      "cagr_3y_pct": -8.445273564179834
    },
    {
      "year": 2011,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 39156922.441870905,
      "yoy_growth_pct": -12.000184500743739,
      "cagr_3y_pct": -11.059839023526797
    },
    {
      "year": 2012,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 41168683.22781917,
      "yoy_growth_pct": 5.137688716304889,
      "cagr_3y_pct": -2.5259742988626654
    },
    {
      "year": 2013,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 52345470.81522808,
      "yoy_growth_pct": 27.148761415464364,
      "cagr_3y_pct": 5.564389483579801
    },
    {
      "year": 2014,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 55967462.55879682,
      "yoy_growth_pct": 6.919398540427402,
      "cagr_3y_pct": 12.644248546607638
    },
    {
      "year": 2015,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 40318965.01638797,
      "yoy_growth_pct": -27.959991085837178,
      "cagr_3y_pct": -0.6927856751397066
    },
    {
      "year": 2016,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 47191394.74357739,
      "yoy_growth_pct": 17.045154121382012,
      "cagr_3y_pct": -3.3961204876989504
    },
    {
      "year": 2017,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 61637048.039662704,
      "yoy_growth_pct": 30.6107784577639,
      "cagr_3y_pct": 3.2687066458250147
    },
    {
      "year": 2018,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 52473460.991801396,
      "yoy_growth_pct": -14.867011544687614,
      "cagr_3y_pct": 9.180089221023358
    },
    {
      "year": 2019,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 44651494.4097889,
      "yoy_growth_pct": -14.906519284547715,
      "cagr_3y_pct": -1.827226206007826
    },
    {
      "year": 2020,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 39941230.70483329,
      "yoy_growth_pct": -10.548949743377412,
      "cagr_3y_pct": -13.464719879428689
    },
    {
      "year": 2021,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 51905548.86926788,
      "yoy_growth_pct": 29.95480598194684,
      "cagr_3y_pct": -0.36207086303212677
    },
    {
      "year": 2022,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 71137138.3473041,
      "yoy_growth_pct": 37.051124392257066,
      "cagr_3y_pct": 16.79389193463605
    },
    {
      "year": 2023,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 61392385.549722984,
      "yoy_growth_pct": -13.698544844474226,
      "cagr_3y_pct": 15.406699856971318
    },
    {
      "year": 2024,
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "export_value_usd": 65869436.513490885,
      "yoy_growth_pct": 7.292518320764452,
      "cagr_3y_pct": 8.265491911553791
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "hs_code": "090111",
      "hs_description": "Coffee: not roasted or decaffeinated",
      "buyer_imports_latest_usd": 43807764.90196748,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.3384470204454286,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "hs_code": "020230",
      "hs_description": "Meat: of bovine animals, boneless cuts, frozen",
      "buyer_imports_latest_usd": 23548882.940913144,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.42765680978849285,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "hs_code": "210111",
      "hs_description": "Extracts, essences and concentrates: of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee",
      "buyer_imports_latest_usd": 25914612.717637476,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.8727996107672893,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "hs_code": "390110",
      "hs_description": "Ethylene polymers: in primary forms, polyethylene having a specific gravity of less than 0.94",
      "buyer_imports_latest_usd": 89379416.43532762,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.5855948462913327,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "hs_code": "902129",
      "hs_description": "Dental fittings: other than artificial teeth",
      "buyer_imports_latest_usd": 12118644.797830012,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.266311298263587,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "hs_code": "470329",
      "hs_description": "Wood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous wood",
      "buyer_imports_latest_usd": 39969841.99573332,
      "current_below_peak_pct": 79.19215205679832,
      "lane_volatility_cv": 1.4268004455399133,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "hs_code": "240120",
      "hs_description": "Tobacco: partly or wholly stemmed or stripped",
      "buyer_imports_latest_usd": 121746196.36182855,
      "current_below_peak_pct": 90.31319202254605,
      "lane_volatility_cv": 0.46229175014411195,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "hs_code": "020714",
      "hs_description": "Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen",
      "buyer_imports_latest_usd": 28837005.899565008,
      "current_below_peak_pct": 88.63735016522814,
      "lane_volatility_cv": 0.8465598628642892,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "hs_code": "380891",
      "hs_description": "Insecticides: not containing substances of 3808.50: put up in forms or packings for retail sale or as preparations or articles",
      "buyer_imports_latest_usd": 39209825.95602914,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.5072287590293778,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "BRA",
      "importer_iso3": "SRB",
      "hs_code": "760110",
      "hs_description": "Aluminium: unwrought, (not alloyed)",
      "buyer_imports_latest_usd": 14933223.720384816,
      "current_below_peak_pct": 82.21332986206545,
      "lane_volatility_cv": 1.3251963888292773,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "declining_buyer_demand"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "BRA",
    "importer_iso3": "SRB",
    "distance_km": 10172,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": null,
    "shared_legal_system": 1,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 0,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 63068.134601000005,
    "importer_gdp_per_capita_usd": 9214.993546391494,
    "importer_population": 6844.078,
    "importer_biz_entry_days": 7,
    "importer_biz_entry_cost_pct": 2.3,
    "exporter_gdp_million_usd": 1608981.2208119999,
    "exporter_gdp_per_capita_usd": 7518.834354599067,
    "avg_applied_tariff_pct": 6.247825097777777,
    "avg_mfn_tariff_pct": 6.247825097777777,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/BRA-SRB/risk",
    "html": "https://www.yugalinks.com/trade/corridor/BRA-SRB/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/BRA-SRB/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/BRA-SRB/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/BRA-SRB/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}