{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:06.332Z",
  "seo": {
    "title": "Serbia exports to Georgia: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Serbia to Georgia, 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": "SRB",
    "country_name": "Serbia"
  },
  "importer": {
    "iso3": "GEO",
    "country_name": "Georgia"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "SRB",
    "importer_iso3": "GEO",
    "all_history_lane_count": 42,
    "current_lane_count": 25,
    "current_product_count": 25,
    "first_observed_last_year": 2008,
    "latest_data_year": 2024,
    "current_trade_usd": 7621111.055061031,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 2139102.845723408,
    "unrecovered_drawdown_trade_usd": 1867423.8093558606,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 1728273.8677843972,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 10,
    "unrecovered_drawdown_lane_count": 6,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 14,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0.8246335732239839,
    "trade_weighted_below_peak_pct": 20.233975018289275,
    "product_concentration_hhi": 1890.3900490504745,
    "top1_product_share_pct": 38.26181675935639,
    "top3_product_share_pct": 61.45070352416958,
    "top_product_hs6": "240220",
    "top_product_trade_usd": 2915975.5469145044,
    "top_product_description": "Cigarettes: containing tobacco",
    "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": 1.935933193570371,
    "avg_mfn_tariff_pct": 1.935933193570371,
    "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": 14.15286816538599,
    "buyer_gdp_pc_5y_cagr_pct": 14.279736518094621,
    "buyer_population_5y_cagr_pct": -0.1110156153436237,
    "buyer_investment_5y_avg_pct": 27.944000000000006,
    "buyer_savings_5y_avg_pct": 10.866,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 0,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_buyer_markets"
    ],
    "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": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 1863379.8489314523,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2007,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 1694933.1157604647,
      "yoy_growth_pct": -9.039849457832371,
      "cagr_3y_pct": null
    },
    {
      "year": 2008,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 1717415.154305228,
      "yoy_growth_pct": 1.326426295864569,
      "cagr_3y_pct": null
    },
    {
      "year": 2009,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 1300609.185927929,
      "yoy_growth_pct": -24.26937757783534,
      "cagr_3y_pct": -11.294923629179443
    },
    {
      "year": 2010,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 1416283.731442657,
      "yoy_growth_pct": 8.893874252641032,
      "cagr_3y_pct": -5.811206514485335
    },
    {
      "year": 2011,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 2960326.861419974,
      "yoy_growth_pct": 109.02074885831819,
      "cagr_3y_pct": 19.90062816015339
    },
    {
      "year": 2012,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 2181960.5993563477,
      "yoy_growth_pct": -26.293254039193116,
      "cagr_3y_pct": 18.8228675588189
    },
    {
      "year": 2013,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 3474923.0705369054,
      "yoy_growth_pct": 59.256911951662474,
      "cagr_3y_pct": 34.87505743493073
    },
    {
      "year": 2014,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 5900899.017140286,
      "yoy_growth_pct": 69.81380299243709,
      "cagr_3y_pct": 25.851821478641
    },
    {
      "year": 2015,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 2196181.911252454,
      "yoy_growth_pct": -62.78224885948354,
      "cagr_3y_pct": 0.21678556214370648
    },
    {
      "year": 2016,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 5213734.18687202,
      "yoy_growth_pct": 137.399923938846,
      "cagr_3y_pct": 14.481302979893918
    },
    {
      "year": 2017,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 6697199.887629285,
      "yoy_growth_pct": 28.45303668323893,
      "cagr_3y_pct": 4.309779232707345
    },
    {
      "year": 2018,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 6894555.7923404,
      "yoy_growth_pct": 2.9468420835946585,
      "cagr_3y_pct": 46.42413262173968
    },
    {
      "year": 2019,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 7421924.520971087,
      "yoy_growth_pct": 7.649060280527054,
      "cagr_3y_pct": 12.492235983849076
    },
    {
      "year": 2020,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 6002314.239721033,
      "yoy_growth_pct": -19.12725300882354,
      "cagr_3y_pct": -3.585617886061343
    },
    {
      "year": 2021,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 47546316.94644828,
      "yoy_growth_pct": 692.1330847992735,
      "cagr_3y_pct": 90.34297967058987
    },
    {
      "year": 2022,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 71663439.49253851,
      "yoy_growth_pct": 50.72342947878277,
      "cagr_3y_pct": 112.94153072198796
    },
    {
      "year": 2023,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 13649191.98247872,
      "yoy_growth_pct": -80.95375817972028,
      "cagr_3y_pct": 31.501105748011284
    },
    {
      "year": 2024,
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "export_value_usd": 13068838.33631977,
      "yoy_growth_pct": -4.251926758037694,
      "cagr_3y_pct": -34.98103755251518
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "hs_code": "240220",
      "hs_description": "Cigarettes: containing tobacco",
      "buyer_imports_latest_usd": 174557334.14573726,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.8131493209784976,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "hs_code": "271019",
      "hs_description": "",
      "buyer_imports_latest_usd": 745569978.1021694,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.2167235056363974,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "hs_code": "401110",
      "hs_description": "Rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars)",
      "buyer_imports_latest_usd": 35103619.01973813,
      "current_below_peak_pct": 71.78352084170541,
      "lane_volatility_cv": 0.43136750654337147,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "hs_code": "310520",
      "hs_description": "Fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium",
      "buyer_imports_latest_usd": 10831908.044979934,
      "current_below_peak_pct": 64.93234903049495,
      "lane_volatility_cv": 1.020409760932902,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "hs_code": "841810",
      "hs_description": "Refrigerators and freezers: combined refrigerator-freezers, fitted with separate external doors, electric or other",
      "buyer_imports_latest_usd": 22638572.168143954,
      "current_below_peak_pct": 37.305687640802695,
      "lane_volatility_cv": 0.9549032312687553,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "hs_code": "230910",
      "hs_description": "Dog or cat food: put up for retail sale, used in animal feeding",
      "buyer_imports_latest_usd": 22165742.238055717,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.5742638134126997,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "hs_code": "401120",
      "hs_description": "Rubber: new pneumatic tyres, of a kind used on buses or lorries",
      "buyer_imports_latest_usd": 26664296.6863838,
      "current_below_peak_pct": 67.39804883722607,
      "lane_volatility_cv": 0.33091011251963237,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "hs_code": "210690",
      "hs_description": "Food preparations: n.e.s. in item no. 2106.10",
      "buyer_imports_latest_usd": 74037094.79339665,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.284176115758593,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "hs_code": "391722",
      "hs_description": "Plastics: tubes, pipes and hoses thereof, rigid, of polymers of propylene",
      "buyer_imports_latest_usd": 10261921.444563795,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.1032033106963888,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "SRB",
      "importer_iso3": "GEO",
      "hs_code": "151710",
      "hs_description": "Margarine: excluding liquid margarine",
      "buyer_imports_latest_usd": 14266867.129252598,
      "current_below_peak_pct": 23.953415643947267,
      "lane_volatility_cv": 0.24312048319734908,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "limited_history"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "SRB",
    "importer_iso3": "GEO",
    "distance_km": 2001,
    "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": null,
    "exporter_is_wto": 0,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 18700.241392000004,
    "importer_gdp_per_capita_usd": 5042.385527731414,
    "importer_population": 3708.61,
    "importer_biz_entry_days": 1,
    "importer_biz_entry_cost_pct": 2.1,
    "exporter_gdp_million_usd": 63068.134601000005,
    "exporter_gdp_per_capita_usd": 9214.993546391494,
    "avg_applied_tariff_pct": 1.935933193570371,
    "avg_mfn_tariff_pct": 1.935933193570371,
    "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/SRB-GEO/risk",
    "html": "https://www.yugalinks.com/trade/corridor/SRB-GEO/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/SRB-GEO/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/SRB-GEO/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/SRB-GEO/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"
  }
}