# Serbia exporter opportunity index

This page reviews 96,837 screened market and product opportunities for Serbia. It combines reported trade observations with calculated opportunity indicators.

## Summary

- Latest reported exports: $32.5B
- Calculated three-year addressable opportunity: $6.6T
- Active partner markets: 270
- FTA partners: 2
- Profile year: 2024

## Top Opportunities

| Rank | Buyer market | Product | Addressable 3-year value | Buyer CAGR | Exporter share | Share gap | Signal |
| ---: | --- | --- | ---: | ---: | ---: | ---: | --- |
| 1 | China (CHN) | HS 260111 Iron ores and concentrates: non-agglomerated | $119.1B | +18.9% | 0% | 63.8% | Growing |
| 2 | China (CHN) | HS 854231 Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits | $93.1B | +18.1% | 0% | 35.8% | Accelerating |
| 3 | China (CHN) | HS 854232 Electronic integrated circuits: memories | $65.7B | +17.4% | 0% | 50.3% | Accelerating |
| 4 | China (CHN) | HS 854239 Electronic integrated circuits: n.e.c. in heading no. 8542 | $61.4B | +15.9% | 0% | 48.2% | Growing |
| 5 | USA, Puerto Rico and US Virgin Islands (USA) | HS 851712 Telephones for cellular networks or for other wireless networks | $53.8B | +11.8% | 0% | 71.4% | Growing |
| 6 | USA, Puerto Rico and US Virgin Islands (USA) | HS 847150 Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units | $45.6B | +11.1% | 0% | 61.8% | Declining |
| 7 | USA, Puerto Rico and US Virgin Islands (USA) | HS 847130 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 | $33.3B | +3.8% | 0% | 69.8% | Growing |
| 8 | China (CHN) | HS 260300 Copper ores and concentrates | $32.9B | +20.3% | 2.2% | 30.3% | Accelerating |
| 9 | China, Hong Kong Special Administrative Region (HKG) | HS 851712 Telephones for cellular networks or for other wireless networks | $32.7B | +11.6% | 0% | 77.6% | Stable |
| 10 | China, Hong Kong Special Administrative Region (HKG) | HS 854239 Electronic integrated circuits: n.e.c. in heading no. 8542 | $29.1B | +7.1% | 0% | 40.4% | Growing |
| 11 | USA, Puerto Rico and US Virgin Islands (USA) | HS 870323 Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc | $28.7B | +3.9% | 0% | 28.1% | Accelerating |
| 12 | Switzerland, Liechtenstein (CHE) | HS 300490 Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $27.7B | +12.3% | 0% | 47.7% | Growing |
| 13 | United Arab Emirates (ARE) | HS 851712 Telephones for cellular networks or for other wireless networks | $27.3B | +20.6% | 0% | 57.8% | Declining |
| 14 | China (CHN) | HS 851712 Telephones for cellular networks or for other wireless networks | $26.3B | +15.4% | 0% | 49.5% | Growing |
| 15 | USA, Puerto Rico and US Virgin Islands (USA) | HS 847180 Data processing machines: automatic, units thereof n.e.s. in heading no. 8471 | $25.8B | +9.4% | 0% | 78.7% | Growing |
| 16 | USA, Puerto Rico and US Virgin Islands (USA) | HS 850760 Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) | $25.0B | +16.4% | 0% | 63.3% | Accelerating |
| 17 | China (CHN) | HS 720260 Ferro-alloys: ferro-nickel | $24.7B | +40.3% | 0.2% | 91% | Accelerating |
| 18 | Turkey (TUR) | HS 271019 Product description unavailable | $23.6B | +16.7% | 0% | 62.2% | Growing |
| 19 | Taiwan (TWN) | HS 854232 Electronic integrated circuits: memories | $23.1B | +8.4% | 0% | 45.2% | Declining |
| 20 | China, Hong Kong Special Administrative Region (HKG) | HS 854231 Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits | $21.3B | +9.8% | 0% | 48.6% | Growing |
| 21 | Germany (DEU) | HS 850760 Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) | $19.8B | +19.2% | 0% | 52.9% | Growing |
| 22 | Japan (JPN) | HS 851712 Telephones for cellular networks or for other wireless networks | $19.3B | +12.3% | 0% | 84.7% | Growing |
| 23 | USA, Puerto Rico and US Virgin Islands (USA) | HS 300490 Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $19.0B | +14% | 0% | 16.7% | Stable |
| 24 | Netherlands (NLD) | HS 270900 Oils: petroleum oils and oils obtained from bituminous minerals, crude | $18.5B | +6.5% | 0% | 31.1% | Declining |
| 25 | Mexico (MEX) | HS 271019 Product description unavailable | $18.4B | +12.8% | 0% | 96.3% | Slowing |
| 26 | Turkey (TUR) | HS 710812 Metals: gold, non-monetary, unwrought (but not powder) | $17.8B | +32.1% | 0.1% | 45.4% | Accelerating |
| 27 | Singapore (SGP) | HS 854239 Electronic integrated circuits: n.e.c. in heading no. 8542 | $17.5B | +4.4% | 0% | 53.4% | Accelerating |
| 28 | Switzerland, Liechtenstein (CHE) | HS 710812 Metals: gold, non-monetary, unwrought (but not powder) | $17.3B | +12.8% | 0% | 13.5% | Slowing |
| 29 | China (CHN) | HS 847180 Data processing machines: automatic, units thereof n.e.s. in heading no. 8471 | $16.9B | +19.1% | 0% | 63.8% | Growing |
| 30 | China (CHN) | HS 740311 Copper: refined, unwrought, cathodes and sections of cathodes | $16.8B | +17.5% | 1.5% | 34.3% | Accelerating |
| 31 | Germany (DEU) | HS 271121 Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas | $16.4B | +4.2% | 0% | 72.5% | Declining |
| 32 | China (CHN) | HS 270210 Lignite: whether or not pulverised, but not agglomerated, excluding jet | $16.3B | +47.5% | 0% | 89.5% | Growing |
| 33 | USA, Puerto Rico and US Virgin Islands (USA) | HS 851762 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 | $16.3B | +14.1% | 0% | 21.3% | Growing |
| 34 | India (IND) | HS 851770 Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts | $14.8B | +18.2% | 0% | 82.4% | Accelerating |
| 35 | USA, Puerto Rico and US Virgin Islands (USA) | HS 870322 Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500cc | $14.6B | +6.4% | 0% | 44.3% | Growing |
| 36 | United Kingdom (GBR) | HS 270900 Oils: petroleum oils and oils obtained from bituminous minerals, crude | $14.4B | +5.5% | 0.1% | 40.8% | Accelerating |
| 37 | USA, Puerto Rico and US Virgin Islands (USA) | HS 847330 Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units | $14.3B | +1.2% | 0% | 42.4% | Accelerating |
| 38 | China (CHN) | HS 870323 Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc | $13.9B | +13.2% | 0% | 40.7% | Stable |
| 39 | USA, Puerto Rico and US Virgin Islands (USA) | HS 950300 Tricycles, scooters, pedal cars and similar wheeled toys: dolls' carriages: dolls: other toys: reduced-size (scale) models and similar recreational models, working or not: puzzles of all kinds | $13.8B | +3.8% | 0% | 77.3% | Growing |
| 40 | Mexico (MEX) | HS 851712 Telephones for cellular networks or for other wireless networks | $13.5B | +16.9% | 0% | 73.4% | Declining |
| 41 | Singapore (SGP) | HS 854231 Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits | $13.0B | +6.4% | 0% | 39.1% | Accelerating |
| 42 | Belgium (BEL) | HS 271019 Product description unavailable | $12.8B | +9.1% | 0% | 61.2% | Declining |
| 43 | Germany (DEU) | HS 271019 Product description unavailable | $12.3B | +5.8% | 0% | 54.3% | Growing |
| 44 | Russia (RUS) | HS 870323 Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc | $12.3B | +12.7% | 0% | 91.1% | Accelerating |
| 45 | Netherlands (NLD) | HS 271019 Product description unavailable | $11.9B | +12.2% | 0% | 32% | Accelerating |
| 46 | USA, Puerto Rico and US Virgin Islands (USA) | HS 854430 Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships | $11.8B | +5.8% | 0% | 69.9% | Growing |
| 47 | Viet Nam (VNM) | HS 854231 Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits | $11.5B | +25.9% | 0% | 22% | Growing |
| 48 | China (CHN) | HS 020230 Meat: of bovine animals, boneless cuts, frozen | $11.4B | +30.8% | 0% | 54.5% | Growing |
| 49 | Slovenia (SVN) | HS 293359 Heterocyclic compounds: containing a pyrimidine ring (whether or not hydrogenated) or piperazine ring in the structure, (other than malonylurea (barbituric acid) and its derivatives),and loprazolam, mecloqualone, methaqualone, zipeprol and salts thereof | $11.3B | +34.8% | 0% | 76.3% | Stable |
| 50 | USA, Puerto Rico and US Virgin Islands (USA) | HS 852872 Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen | $10.8B | +5.5% | 0% | 75.4% | Stable |

## Sector View

- Electrical machinery (HS2 85): $1.7T across 9,801 screened opportunities.
- Machinery (HS2 84): $959.8B across 13,778 screened opportunities.
- Vehicles (HS2 87): $512.7B across 2,441 screened opportunities.
- Other or unclassified products (Other or unclassified products): $284.8B across 165 screened opportunities.
- Pharmaceutical products (HS2 30): $224.0B across 616 screened opportunities.
- Optical and medical instruments (HS2 90): $214.3B across 3,872 screened opportunities.
- Plastics (HS2 39): $197.6B across 3,925 screened opportunities.
- Ores, slag and ash (HS2 26): $168.5B across 141 screened opportunities.
- Furniture and lighting (HS2 94): $144.9B across 2,075 screened opportunities.
- Mineral fuels (HS2 27): $121.2B across 277 screened opportunities.

## Reported Export Footprint

- Germany (DEU): $5.0B reported exports; YoY +5.5%.
- China (CHN): $2.1B reported exports; YoY +43.5%.
- Hungary (HUN): $2.0B reported exports; YoY -5.8%.
- Bosnia and Herzegovina (BIH): $1.7B reported exports; YoY +1.8%.
- Italy (ITA): $1.6B reported exports; YoY -2.2%.
- Romania (ROU): $1.3B reported exports; YoY -8.5%.
- Czechia (CZE): $1.3B reported exports; YoY +12.8%.
- Bulgaria (BGR): $1.1B reported exports; YoY +0.8%.

## Corridor Risk and Signals

- Romania (ROU): Critical attention; Volatile products account for the largest observed corridor exposure.
- Japan (JPN): Critical attention; Buyer-market concentration is the largest observed corridor exposure.
- Croatia (HRV): Critical attention; Volatile products account for the largest observed corridor exposure.
- Bosnia and Herzegovina (BIH): Watch; Buyer-market concentration is the largest observed corridor exposure.
- Italy (ITA): Watch; Volatile products account for the largest observed corridor exposure.
- Spain (ESP): Watch; Volatile products account for the largest observed corridor exposure.

## Region View

- Europe: $2.6T across 40 buyer markets.
- North America: $1.5T across 3 buyer markets.
- East Asia: $1.3T across 7 buyer markets.
- Middle East: $377.4B across 15 buyer markets.
- Southeast Asia: $330.2B across 9 buyer markets.
- South Asia: $117.1B across 7 buyer markets.
- Africa: $105.4B across 45 buyer markets.
- Latin America and Caribbean: $91.3B across 28 buyer markets.

## How to Read

Addressable opportunity is a calculated screening indicator, not a reported order value. Opportunities are included when latest buyer imports exceed $50.0K and at least 3 trade years are available.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.