{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:18.486Z", "seo": { "title": "Iceland exports to Serbia: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Iceland 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": "ISL", "country_name": "Iceland" }, "importer": { "iso3": "SRB", "country_name": "Serbia" }, "latestYear": 2024, "risk": { "exporter_iso3": "ISL", "importer_iso3": "SRB", "all_history_lane_count": 14, "current_lane_count": 3, "current_product_count": 3, "first_observed_last_year": 2007, "latest_data_year": 2024, "current_trade_usd": 567958.3665754072, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 567958.3665754072, "unrecovered_drawdown_trade_usd": 0, "declining_demand_trade_usd": 389350.93210023385, "concentrated_market_trade_usd": 0, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 0, "high_volatility_lane_count": 3, "unrecovered_drawdown_lane_count": 0, "declining_demand_lane_count": 1, "concentrated_market_lane_count": 0, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.5682878714432238, "trade_weighted_below_peak_pct": 0, "product_concentration_hhi": 5242.578951937395, "top1_product_share_pct": 68.55272411037546, "top3_product_share_pct": 100, "top_product_hs6": "760110", "top_product_trade_usd": 389350.93210023385, "top_product_description": "Aluminium: unwrought, (not alloyed)", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": null, "shares_land_border": null, "shares_official_language": null, "common_spoken_language_score": null, "has_reported_fta": null, "avg_applied_tariff_pct": 4.11795441874074, "avg_mfn_tariff_pct": 6.2478250977777785, "avg_preferential_tariff_pct": 0.13036985736022222, "tariff_advantage_pp": 6.117455240417556, "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": 0, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "declining_buyer_demand", "concentrated_product_mix" ], "attention_level": "Stable", "primary_risk_reason": "Volatile products account for the largest observed corridor exposure", "buyer_gdp_mn_2024": null, "buyer_gdp_pc_2024": null, "buyer_population_2024": null }, "history": [ { "year": 2006, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 529122.2462126393, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 2007, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 1165142.1416325013, "yoy_growth_pct": 120.20282646824558, "cagr_3y_pct": null }, { "year": 2008, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 1999777.6518270725, "yoy_growth_pct": 71.63379302590056, "cagr_3y_pct": null }, { "year": 2009, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 1489516.8057118852, "yoy_growth_pct": -25.515879010298658, "cagr_3y_pct": 41.19840648480568 }, { "year": 2010, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 7024886.048603497, "yoy_growth_pct": 371.6218052501994, "cagr_3y_pct": 82.0064551341186 }, { "year": 2011, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 8054339.906937809, "yoy_growth_pct": 14.654385156026262, "cagr_3y_pct": 59.10460424413779 }, { "year": 2012, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 3489159.211036479, "yoy_growth_pct": -56.67976207422034, "cagr_3y_pct": 32.80827212124973 }, { "year": 2013, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 1082841.5330355042, "yoy_growth_pct": -68.9655453494242, "cagr_3y_pct": -46.382255560353315 }, { "year": 2014, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 1155544.487203375, "yoy_growth_pct": 6.714089915268051, "cagr_3y_pct": -47.64973246698296 }, { "year": 2015, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 1364935.7339719846, "yoy_growth_pct": 18.12056992071105, "cagr_3y_pct": -26.864123211173517 }, { "year": 2016, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 1487926.700036677, "yoy_growth_pct": 9.010751422470765, "cagr_3y_pct": 11.174591919978427 }, { "year": 2017, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 325868.65208003187, "yoy_growth_pct": -78.09914614261582, "cagr_3y_pct": -34.42293558371867 }, { "year": 2018, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 574503.8788425877, "yoy_growth_pct": 76.29921601096264, "cagr_3y_pct": -25.057716752090997 }, { "year": 2019, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 488477.8823721227, "yoy_growth_pct": -14.973962689995313, "cagr_3y_pct": -31.015033817071348 }, { "year": 2020, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 658931.8438344417, "yoy_growth_pct": 34.894919015487204, "cagr_3y_pct": 26.454019138139763 }, { "year": 2021, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 685692.0106883514, "yoy_growth_pct": 4.06114336472001, "cagr_3y_pct": 6.074755980014501 }, { "year": 2022, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 435962.78372027224, "yoy_growth_pct": -36.42002868275822, "cagr_3y_pct": -3.720275788983851 }, { "year": 2023, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 608527.4837521269, "yoy_growth_pct": 39.58243833551116, "cagr_3y_pct": -2.6177284885838703 }, { "year": 2024, "exporter_iso3": "ISL", "importer_iso3": "SRB", "export_value_usd": 1030291.3570434742, "yoy_growth_pct": 69.30892762489351, "cagr_3y_pct": 14.536433520695958 } ], "riskLanes": [ { "exporter_iso3": "ISL", "importer_iso3": "SRB", "hs_code": "760110", "hs_description": "Aluminium: unwrought, (not alloyed)", "buyer_imports_latest_usd": 14933223.720384816, "current_below_peak_pct": 0, "lane_volatility_cv": 1.3795391469540492, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "declining_buyer_demand", "limited_history" ] }, { "exporter_iso3": "ISL", "importer_iso3": "SRB", "hs_code": "902131", "hs_description": "Artificial parts of the body", "buyer_imports_latest_usd": 15010627.656124521, "current_below_peak_pct": 0, "lane_volatility_cv": 2.0713306123164408, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "ISL", "importer_iso3": "SRB", "hs_code": "902139", "hs_description": "Artificial parts of the body: excluding artificial joints", "buyer_imports_latest_usd": 21945631.497749723, "current_below_peak_pct": 0, "lane_volatility_cv": 1.80446434056529, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "ISL", "importer_iso3": "SRB", "distance_km": 3383, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": 1, "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": 25458.933915999998, "exporter_gdp_per_capita_usd": 68383.7653366282, "avg_applied_tariff_pct": 4.11795441874074, "avg_mfn_tariff_pct": 6.2478250977777785, "avg_preferential_tariff_pct": 0.13036985736022222, "tariff_advantage_pp": 6.117455240417556 }, "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/ISL-SRB/risk", "html": "https://www.yugalinks.com/trade/corridor/ISL-SRB/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/ISL-SRB/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/ISL-SRB/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/ISL-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" } }