{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:47:59.627Z",
  "seo": {
    "title": "Vietnam exports to Serbia: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Vietnam 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": "VNM",
    "country_name": "Vietnam"
  },
  "importer": {
    "iso3": "SRB",
    "country_name": "Serbia"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "VNM",
    "importer_iso3": "SRB",
    "all_history_lane_count": 112,
    "current_lane_count": 100,
    "current_product_count": 100,
    "first_observed_last_year": 2011,
    "latest_data_year": 2024,
    "current_trade_usd": 153387610.89375192,
    "attention_trade_usd": 4840813.122962131,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 24892241.250578918,
    "unrecovered_drawdown_trade_usd": 7491978.454042064,
    "declining_demand_trade_usd": 490937.9266417423,
    "concentrated_market_trade_usd": 115441143.84671208,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 2,
    "high_volatility_lane_count": 56,
    "unrecovered_drawdown_lane_count": 22,
    "declining_demand_lane_count": 2,
    "concentrated_market_lane_count": 21,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0.8640618435138192,
    "trade_weighted_below_peak_pct": 7.592969108972754,
    "product_concentration_hhi": 3418.989217986898,
    "top1_product_share_pct": 56.73140650710929,
    "top3_product_share_pct": 73.12839073990433,
    "top_product_hs6": "851712",
    "top_product_trade_usd": 87018949.06767747,
    "top_product_description": "Telephones for cellular networks or for other wireless networks",
    "top_attention_product_hs6": "847130",
    "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": 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": 3.1559348859767113,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "declining_buyer_demand",
      "concentrated_product_mix",
      "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": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 12476221.517644871,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2007,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 19863060.069964673,
      "yoy_growth_pct": 59.20733726852112,
      "cagr_3y_pct": null
    },
    {
      "year": 2008,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 30905782.04593616,
      "yoy_growth_pct": 55.59426360830175,
      "cagr_3y_pct": null
    },
    {
      "year": 2009,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 28749487.892491117,
      "yoy_growth_pct": -6.976992687776285,
      "cagr_3y_pct": 32.08363487788786
    },
    {
      "year": 2010,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 31115077.41490316,
      "yoy_growth_pct": 8.228284035034573,
      "cagr_3y_pct": 16.138151660369626
    },
    {
      "year": 2011,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 30186826.573869523,
      "yoy_growth_pct": -2.9832830838114277,
      "cagr_3y_pct": -0.7815189549225443
    },
    {
      "year": 2012,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 38644020.72745575,
      "yoy_growth_pct": 28.016174979144658,
      "cagr_3y_pct": 10.361449966727099
    },
    {
      "year": 2013,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 38780518.926097594,
      "yoy_growth_pct": 0.35321945302877467,
      "cagr_3y_pct": 7.617007156094346
    },
    {
      "year": 2014,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 48459530.12455756,
      "yoy_growth_pct": 24.958436520421134,
      "cagr_3y_pct": 17.090208596859547
    },
    {
      "year": 2015,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 55376116.3155841,
      "yoy_growth_pct": 14.272912207874388,
      "cagr_3y_pct": 12.740527524455114
    },
    {
      "year": 2016,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 79303042.48660383,
      "yoy_growth_pct": 43.20802498077343,
      "cagr_3y_pct": 26.928382137442508
    },
    {
      "year": 2017,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 111080500.95057137,
      "yoy_growth_pct": 40.07091968676424,
      "cagr_3y_pct": 31.851844709624434
    },
    {
      "year": 2018,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 116714914.46940602,
      "yoy_growth_pct": 5.072369561370493,
      "cagr_3y_pct": 28.213755318690282
    },
    {
      "year": 2019,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 135457010.67782053,
      "yoy_growth_pct": 16.05801305995669,
      "cagr_3y_pct": 19.53742030242036
    },
    {
      "year": 2020,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 137281644.30733764,
      "yoy_growth_pct": 1.347020446108127,
      "cagr_3y_pct": 7.314452503454816
    },
    {
      "year": 2021,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 136341779.16883898,
      "yoy_growth_pct": -0.6846254961767162,
      "cagr_3y_pct": 5.317578949521162
    },
    {
      "year": 2022,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 154143894.2236733,
      "yoy_growth_pct": 13.056977225439503,
      "cagr_3y_pct": 4.401870525045748
    },
    {
      "year": 2023,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 158613734.65026265,
      "yoy_growth_pct": 2.8997842886357095,
      "cagr_3y_pct": 4.932359754736626
    },
    {
      "year": 2024,
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "export_value_usd": 175832943.94588476,
      "yoy_growth_pct": 10.856064472342087,
      "cagr_3y_pct": 8.848829568618122
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "hs_code": "851712",
      "hs_description": "Telephones for cellular networks or for other wireless networks",
      "buyer_imports_latest_usd": 608777458.587874,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.7198232987072913,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "hs_code": "999999",
      "hs_description": "Commodities not specified according to kind",
      "buyer_imports_latest_usd": 155819936.05511463,
      "current_below_peak_pct": 9.502562329461536,
      "lane_volatility_cv": 0.9631277301361038,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "hs_code": "851762",
      "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus",
      "buyer_imports_latest_usd": 162961825.53967714,
      "current_below_peak_pct": 17.267837015451597,
      "lane_volatility_cv": 1.1794139698351116,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "hs_code": "853120",
      "hs_description": "Signalling apparatus: electric, sound or visual, indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LED), excluding those of heading no. 8512 or 8530",
      "buyer_imports_latest_usd": 14462431.661064237,
      "current_below_peak_pct": 20.78108717553218,
      "lane_volatility_cv": 1.2814715546538793,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "hs_code": "847130",
      "hs_description": "Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display",
      "buyer_imports_latest_usd": 137586490.370722,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.6953852788586131,
      "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": "VNM",
      "importer_iso3": "SRB",
      "hs_code": "090111",
      "hs_description": "Coffee: not roasted or decaffeinated",
      "buyer_imports_latest_usd": 43807764.90196748,
      "current_below_peak_pct": 82.1726495784572,
      "lane_volatility_cv": 0.5893343738906104,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "hs_code": "847330",
      "hs_description": "Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units",
      "buyer_imports_latest_usd": 30591789.421488885,
      "current_below_peak_pct": 11.942627127929164,
      "lane_volatility_cv": 0.9986088576259536,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "hs_code": "640419",
      "hs_description": "Footwear: (other than sportswear), with outer soles of rubber or plastics and uppers of textile materials",
      "buyer_imports_latest_usd": 36486220.85658187,
      "current_below_peak_pct": 9.205976178591628,
      "lane_volatility_cv": 0.5353467264536519,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "VNM",
      "importer_iso3": "SRB",
      "hs_code": "731210",
      "hs_description": "Iron or steel: stranded wire, ropes and cables, not electrically insulated",
      "buyer_imports_latest_usd": 51888900.36511587,
      "current_below_peak_pct": 61.51826173783124,
      "lane_volatility_cv": 1.9326661445733522,
      "attention_level": "High 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": "VNM",
      "importer_iso3": "SRB",
      "hs_code": "844331",
      "hs_description": "Printing, copying, and facsimile machines: machines which perform two or more of the functions of printing, copying or facsimile transmission, capable of connecting to an automatic data processing machine or to a network",
      "buyer_imports_latest_usd": 15385814.227702543,
      "current_below_peak_pct": 6.11515269046069,
      "lane_volatility_cv": 0.9869888817901462,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "VNM",
    "importer_iso3": "SRB",
    "distance_km": 8878,
    "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": 362637.524071,
    "exporter_gdp_per_capita_usd": 3694.018970960344,
    "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/VNM-SRB/risk",
    "html": "https://www.yugalinks.com/trade/corridor/VNM-SRB/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/VNM-SRB/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/VNM-SRB/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/VNM-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"
  }
}