{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:00.580Z", "seo": { "title": "Serbia exports to Thailand: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Serbia to Thailand, 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": "THA", "country_name": "Thailand" }, "latestYear": 2024, "risk": { "exporter_iso3": "SRB", "importer_iso3": "THA", "all_history_lane_count": 47, "current_lane_count": 27, "current_product_count": 27, "first_observed_last_year": 2006, "latest_data_year": 2024, "current_trade_usd": 18801496.461043414, "attention_trade_usd": 12849822.33162697, "critical_trade_usd": 0, "high_volatility_trade_usd": 12189251.137226958, "unrecovered_drawdown_trade_usd": 617039.5909759044, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 3359131.7025540597, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 18801496.461043414, "critical_lane_count": 0, "high_attention_lane_count": 2, "high_volatility_lane_count": 7, "unrecovered_drawdown_lane_count": 5, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 14, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.1481251297577897, "trade_weighted_below_peak_pct": 7.425935170901438, "product_concentration_hhi": 3631.785069616966, "top1_product_share_pct": 58.89407260922525, "top3_product_share_pct": 72.57044528984521, "top_product_hs6": "481159", "top_product_trade_usd": 11072966.977387823, "top_product_description": "Paper and paperboard: coated, impregnated or covered with plastics (excluding adhesives), other than bleached and weighing more than 150g/m2, other than goods of heading no. 4803, 4809, or 4810", "top_attention_product_hs6": "481159", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": null, "shares_land_border": null, "shares_official_language": null, "common_spoken_language_score": null, "has_reported_fta": null, "avg_applied_tariff_pct": 12.335547923703706, "avg_mfn_tariff_pct": 12.335547923703706, "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": -0.6503068707693682, "buyer_gdp_pc_5y_cagr_pct": -0.6907461577446372, "buyer_population_5y_cagr_pct": 0.0407205626975049, "buyer_investment_5y_avg_pct": 25.753999999999998, "buyer_savings_5y_avg_pct": 31.083999999999996, "buyer_macro_resilience_label": "Buyer economy and income contracted", "attention_trade_share_pct": 68.34467861774579, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets", "buyer_macro_weakness" ], "attention_level": "High attention", "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": "THA", "export_value_usd": 1072582.838156576, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 2007, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 254862.0235819947, "yoy_growth_pct": -76.23847645930823, "cagr_3y_pct": null }, { "year": 2008, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 1877516.0602258341, "yoy_growth_pct": 636.6794133696408, "cagr_3y_pct": null }, { "year": 2009, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 6503674.981360988, "yoy_growth_pct": 246.39783483815862, "cagr_3y_pct": 82.35149514665277 }, { "year": 2010, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 5241047.321731467, "yoy_growth_pct": -19.414064559623768, "cagr_3y_pct": 173.97082530043724 }, { "year": 2011, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 5728667.50722748, "yoy_growth_pct": 9.303869161305723, "cagr_3y_pct": 45.04073278784564 }, { "year": 2012, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 6178163.130376495, "yoy_growth_pct": 7.846425413622216, "cagr_3y_pct": -1.696982903306965 }, { "year": 2013, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 9115001.495919958, "yoy_growth_pct": 47.53578537128222, "cagr_3y_pct": 20.257698424249604 }, { "year": 2014, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 6602551.609487341, "yoy_growth_pct": -27.563899880403042, "cagr_3y_pct": 4.846208370520522 }, { "year": 2015, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 5331642.588931063, "yoy_growth_pct": -19.248755567924412, "cagr_3y_pct": -4.793364261639588 }, { "year": 2016, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 3379887.9257615875, "yoy_growth_pct": -36.60700488854002, "cagr_3y_pct": -28.157431323930137 }, { "year": 2017, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 6358782.088345113, "yoy_growth_pct": 88.1358858049204, "cagr_3y_pct": -1.2461477441532032 }, { "year": 2018, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 7033838.380861918, "yoy_growth_pct": 10.616125590372128, "cagr_3y_pct": 9.675709417201839 }, { "year": 2019, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 11798419.255124757, "yoy_growth_pct": 67.73799192239889, "cagr_3y_pct": 51.695899558008726 }, { "year": 2020, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 7791090.037113798, "yoy_growth_pct": -33.96496709735363, "cagr_3y_pct": 7.005991060035499 }, { "year": 2021, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 5759239.313350377, "yoy_growth_pct": -26.079158552711558, "cagr_3y_pct": -6.447029890193978 }, { "year": 2022, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 10183402.673379533, "yoy_growth_pct": 76.81853660384614, "cagr_3y_pct": -4.788436381901673 }, { "year": 2023, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 12445260.576167623, "yoy_growth_pct": 22.2112193275124, "cagr_3y_pct": 16.89661183960782 }, { "year": 2024, "exporter_iso3": "SRB", "importer_iso3": "THA", "export_value_usd": 23133616.166776683, "yoy_growth_pct": 85.88293933416715, "cagr_3y_pct": 58.961810347508894 } ], "riskLanes": [ { "exporter_iso3": "SRB", "importer_iso3": "THA", "hs_code": "481159", "hs_description": "Paper and paperboard: coated, impregnated or covered with plastics (excluding adhesives), other than bleached and weighing more than 150g/m2, other than goods of heading no. 4803, 4809, or 4810", "buyer_imports_latest_usd": 251168245.8802107, "current_below_peak_pct": 0, "lane_volatility_cv": 1.5253086303550434, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "buyer_macro_weakness" ] }, { "exporter_iso3": "SRB", "importer_iso3": "THA", "hs_code": "100199", "hs_description": "Cereals: wheat and meslin, other than durum wheat, other than seed", "buyer_imports_latest_usd": 946953353.3291323, "current_below_peak_pct": 41.8438024838907, "lane_volatility_cv": 0.21355137523431214, "attention_level": "High attention", "primary_risk_reason": "The buyer macroeconomic trend has weakened", "risk_driver_labels": [ "buyer_macro_weakness", "limited_history" ] }, { "exporter_iso3": "SRB", "importer_iso3": "THA", "hs_code": "230990", "hs_description": "Dog or cat food: (not put up for retail sale), used in animal feeding", "buyer_imports_latest_usd": 369607145.4802009, "current_below_peak_pct": 0, "lane_volatility_cv": 0.34566302812240834, "attention_level": "Watch", "primary_risk_reason": "The buyer macroeconomic trend has weakened", "risk_driver_labels": [ "buyer_macro_weakness" ] }, { "exporter_iso3": "SRB", "importer_iso3": "THA", "hs_code": "310520", "hs_description": "Fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium", "buyer_imports_latest_usd": 435564577.0963019, "current_below_peak_pct": 3.3654442443128376, "lane_volatility_cv": 0.55902973357619, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "buyer_macro_weakness" ] }, { "exporter_iso3": "SRB", "importer_iso3": "THA", "hs_code": "841370", "hs_description": "Pumps: centrifugal, n.e.c. in heading no. 8413, for liquids", "buyer_imports_latest_usd": 265423300.3100874, "current_below_peak_pct": 19.319930007418147, "lane_volatility_cv": 0.760657584011541, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "buyer_macro_weakness" ] }, { "exporter_iso3": "SRB", "importer_iso3": "THA", "hs_code": "400591", "hs_description": "Rubber: unvulcanised, (compounded other than with carbon black or silica), in plates, sheets and strip", "buyer_imports_latest_usd": 14710137.508523142, "current_below_peak_pct": 0, "lane_volatility_cv": 0.9741976420434081, "attention_level": "Watch", "primary_risk_reason": "The buyer macroeconomic trend has weakened", "risk_driver_labels": [ "buyer_macro_weakness", "limited_history" ] }, { "exporter_iso3": "SRB", "importer_iso3": "THA", "hs_code": "401140", "hs_description": "Rubber: new pneumatic tyres, of a kind used on motorcycles", "buyer_imports_latest_usd": 32970621.277431075, "current_below_peak_pct": 19.440542867189436, "lane_volatility_cv": 0.5606740802634097, "attention_level": "Watch", "primary_risk_reason": "The buyer macroeconomic trend has weakened", "risk_driver_labels": [ "buyer_macro_weakness" ] }, { "exporter_iso3": "SRB", "importer_iso3": "THA", "hs_code": "330210", "hs_description": "Odoriferous substances and mixtures: of a kind used in the food or drink industries", "buyer_imports_latest_usd": 393227359.9655373, "current_below_peak_pct": 0, "lane_volatility_cv": 0.4325869262923518, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "buyer_macro_weakness" ] }, { "exporter_iso3": "SRB", "importer_iso3": "THA", "hs_code": "380290", "hs_description": "Chemical products: activated natural mineral products, animal black, including spent animal black", "buyer_imports_latest_usd": 54756544.668904744, "current_below_peak_pct": 0, "lane_volatility_cv": 1.0999947704896214, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier", "buyer_macro_weakness", "limited_history" ] }, { "exporter_iso3": "SRB", "importer_iso3": "THA", "hs_code": "940190", "hs_description": "Seat: parts", "buyer_imports_latest_usd": 169017478.67026913, "current_below_peak_pct": 0, "lane_volatility_cv": 1.1769162591854865, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier", "buyer_macro_weakness" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "SRB", "importer_iso3": "THA", "distance_km": 8167, "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": 505981.655622, "importer_gdp_per_capita_usd": 7233.388858353161, "importer_population": 69950.844, "importer_biz_entry_days": 6, "importer_biz_entry_cost_pct": 3, "exporter_gdp_million_usd": 63068.134601000005, "exporter_gdp_per_capita_usd": 9214.993546391494, "avg_applied_tariff_pct": 12.335547923703706, "avg_mfn_tariff_pct": 12.335547923703706, "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-THA/risk", "html": "https://www.yugalinks.com/trade/corridor/SRB-THA/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/SRB-THA/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/SRB-THA/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/SRB-THA/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" } }