{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:10.043Z",
  "seo": {
    "title": "Italy exports to Serbia: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Italy 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": "ITA",
    "country_name": "Italy"
  },
  "importer": {
    "iso3": "SRB",
    "country_name": "Serbia"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "ITA",
    "importer_iso3": "SRB",
    "all_history_lane_count": 691,
    "current_lane_count": 661,
    "current_product_count": 661,
    "first_observed_last_year": 2007,
    "latest_data_year": 2024,
    "current_trade_usd": 2427695716.629761,
    "attention_trade_usd": 768898835.039301,
    "critical_trade_usd": 68969025.79965463,
    "high_volatility_trade_usd": 510715480.2491447,
    "unrecovered_drawdown_trade_usd": 325879524.84947854,
    "declining_demand_trade_usd": 10306538.421984361,
    "concentrated_market_trade_usd": 825961293.0704441,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 4,
    "high_attention_lane_count": 98,
    "high_volatility_lane_count": 153,
    "unrecovered_drawdown_lane_count": 202,
    "declining_demand_lane_count": 2,
    "concentrated_market_lane_count": 199,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0.7583006914606809,
    "trade_weighted_below_peak_pct": 18.649590925093747,
    "product_concentration_hhi": 70.31763329084845,
    "top1_product_share_pct": 4.505942516771498,
    "top3_product_share_pct": 8.991589042383328,
    "top_product_hs6": "410712",
    "top_product_trade_usd": 109390573.4734609,
    "top_product_description": "Leather: further prepared after tanning or crusting, including parchment-dressed leather, of bovine (including buffalo) or equine animals, without hair on, other than leather of heading 41.14, whole hides and skins, grain splits",
    "top_attention_product_hs6": "410712",
    "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers",
    "distance_km": null,
    "shares_land_border": null,
    "shares_official_language": null,
    "common_spoken_language_score": null,
    "has_reported_fta": null,
    "avg_applied_tariff_pct": 3.1489947997777783,
    "avg_mfn_tariff_pct": 6.247825097777777,
    "avg_preferential_tariff_pct": 0.07418081509140739,
    "tariff_advantage_pp": 6.173644282686369,
    "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": 31.671960772197664,
    "critical_trade_share_pct": 2.840925463896299,
    "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": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 1321878638.3553464,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2007,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 1728678900.7426333,
      "yoy_growth_pct": 30.774403230649018,
      "cagr_3y_pct": null
    },
    {
      "year": 2008,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 1997544286.3320377,
      "yoy_growth_pct": 15.553228854352351,
      "cagr_3y_pct": null
    },
    {
      "year": 2009,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 1591876467.249906,
      "yoy_growth_pct": -20.30832667179727,
      "cagr_3y_pct": 6.391253571445854
    },
    {
      "year": 2010,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 1612995184.8430488,
      "yoy_growth_pct": 1.326655555730838,
      "cagr_3y_pct": -2.2823727066680677
    },
    {
      "year": 2011,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 1950446159.7141666,
      "yoy_growth_pct": 20.920767652753614,
      "cagr_3y_pct": -0.7921929154200091
    },
    {
      "year": 2012,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 1931230993.2794166,
      "yoy_growth_pct": -0.9851677442645257,
      "cagr_3y_pct": 6.65346101564106
    },
    {
      "year": 2013,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 2365968239.662506,
      "yoy_growth_pct": 22.51088802406096,
      "cagr_3y_pct": 13.62100154504995
    },
    {
      "year": 2014,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 2282435467.9281526,
      "yoy_growth_pct": -3.5305956493426605,
      "cagr_3y_pct": 5.379187801185181
    },
    {
      "year": 2015,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 1873292751.0944285,
      "yoy_growth_pct": -17.925707980919057,
      "cagr_3y_pct": -1.0101931917562146
    },
    {
      "year": 2016,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 1989636750.392979,
      "yoy_growth_pct": 6.210668312818646,
      "cagr_3y_pct": -5.610947207918537
    },
    {
      "year": 2017,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 2158248970.187193,
      "yoy_growth_pct": 8.474522787182682,
      "cagr_3y_pct": -1.847580041648056
    },
    {
      "year": 2018,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 2412694827.3721485,
      "yoy_growth_pct": 11.789458060665092,
      "cagr_3y_pct": 8.80083962165299
    },
    {
      "year": 2019,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 2359466092.4493566,
      "yoy_growth_pct": -2.206194265387784,
      "cagr_3y_pct": 5.847348210864856
    },
    {
      "year": 2020,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 2141265318.1254067,
      "yoy_growth_pct": -9.24788769044933,
      "cagr_3y_pct": -0.2629971059550651
    },
    {
      "year": 2021,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 2774715274.5002027,
      "yoy_growth_pct": 29.58297372178784,
      "cagr_3y_pct": 4.770418158507783
    },
    {
      "year": 2022,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 2786959919.613626,
      "yoy_growth_pct": 0.44129375096437773,
      "cagr_3y_pct": 5.707465682292412
    },
    {
      "year": 2023,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 2967836759.240613,
      "yoy_growth_pct": 6.490112697855488,
      "cagr_3y_pct": 11.49528678447731
    },
    {
      "year": 2024,
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "export_value_usd": 3188606695.82685,
      "yoy_growth_pct": 7.438749314592563,
      "cagr_3y_pct": 4.743603193929613
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "hs_code": "410712",
      "hs_description": "Leather: further prepared after tanning or crusting, including parchment-dressed leather, of bovine (including buffalo) or equine animals, without hair on, other than leather of heading 41.14, whole hides and skins, grain splits",
      "buyer_imports_latest_usd": 127426169.87368175,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.6316050023532035,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "hs_code": "392690",
      "hs_description": "Plastics: other articles n.e.s. in chapter 39",
      "buyer_imports_latest_usd": 287990777.0682674,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.6368619644414483,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "hs_code": "240391",
      "hs_description": "Tobacco: homogenised or reconstituted",
      "buyer_imports_latest_usd": 60979833.03117263,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.04735862838766,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "hs_code": "271019",
      "hs_description": "",
      "buyer_imports_latest_usd": 780795065.3324084,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.4564095783270181,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "hs_code": "300490",
      "hs_description": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale",
      "buyer_imports_latest_usd": 1220626620.0232828,
      "current_below_peak_pct": 38.641798857566016,
      "lane_volatility_cv": 0.613539236733791,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "hs_code": "740200",
      "hs_description": "Copper: unrefined, copper anodes for electrolytic refining",
      "buyer_imports_latest_usd": 139812420.91995633,
      "current_below_peak_pct": 61.96196939986436,
      "lane_volatility_cv": 1.0813491335472543,
      "attention_level": "Critical attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "hs_code": "690721",
      "hs_description": "Ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight not over 0.5%",
      "buyer_imports_latest_usd": 79581941.6982875,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.3358473153741264,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "hs_code": "400510",
      "hs_description": "Rubber: unvulcanised, compounded with carbon black or silica, in primary forms or in plates, sheets or strip",
      "buyer_imports_latest_usd": 83105641.10765265,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.0138402386293999,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "hs_code": "210690",
      "hs_description": "Food preparations: n.e.s. in item no. 2106.10",
      "buyer_imports_latest_usd": 255773461.20500118,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.6095926814625021,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "ITA",
      "importer_iso3": "SRB",
      "hs_code": "090121",
      "hs_description": "Coffee: roasted, not decaffeinated",
      "buyer_imports_latest_usd": 53625369.28884471,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.5378489761153801,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "ITA",
    "importer_iso3": "SRB",
    "distance_km": 724,
    "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": 2,
    "exporter_is_wto": 1,
    "importer_is_wto": 0,
    "exporter_is_eu": 1,
    "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": 2099880.198259,
    "exporter_gdp_per_capita_usd": 35551.286193786254,
    "avg_applied_tariff_pct": 3.1489947997777783,
    "avg_mfn_tariff_pct": 6.247825097777777,
    "avg_preferential_tariff_pct": 0.07418081509140739,
    "tariff_advantage_pp": 6.173644282686369
  },
  "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/ITA-SRB/risk",
    "html": "https://www.yugalinks.com/trade/corridor/ITA-SRB/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/ITA-SRB/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/ITA-SRB/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/ITA-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"
  }
}