# Serbia HS 220110 exports | Yugalinks

Explore reported HS 220110 exports from Serbia: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Serbia |
| HS6 | 220110 |
| Latest exports | $41.4M |
| Active destinations | 38 |
| Three-year growth | +12.3% |
| Destination HHI | 2,505 |
| Weighted share | 64.3% |

## Destination markets

- Montenegro: $14.3M; share 90.8%; growth +12.7%
- The former Yugoslav Republic of Macedonia: $10.9M; share 76.4%; growth +21.1%
- Bosnia and Herzegovina: $10.1M; share 50.5%; growth +12.9%

## Price intelligence

- Highest reported market price: Malta at $16.5K / ton.
- Lowest reported market price: Israel at $8.2 / ton.
- Median reported price: $333.6 / ton.
- Price spread: 4,954.4%.

## Export history

- 2010: $14.1M
- 2011: $14.5M
- 2012: $12.5M
- 2013: $13.5M
- 2014: $15.9M
- 2015: $15.4M
- 2016: $16.5M
- 2017: $19.4M
- 2018: $24.5M
- 2019: $26.2M
- 2020: $20.8M
- 2021: $29.1M
- 2022: $28.6M
- 2023: $36.1M
- 2024: $41.2M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/srb/220110",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/220110",
    "exporter": "https://www.yugalinks.com/trade/exporter/srb/220110",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "220110",
    "exporter_iso3": "SRB",
    "first_data_year": 2006,
    "latest_data_year": 2024,
    "observed_lane_count": 68,
    "current_lane_count": 38,
    "active_market_count": 38,
    "exports_latest_observed_lanes_usd": 41384314.137687586,
    "exports_current_2024_usd": 41228681.555916384,
    "exports_avg_3y_usd": 35316799.93900609,
    "exports_avg_5y_usd": 31185140.242742073,
    "exports_avg_10y_usd": 25798256.92080082,
    "exports_cagr_3y_pct": 12.272563018688732,
    "exports_cagr_5y_pct": 9.487886782495082,
    "exports_cagr_10y_pct": 10.028426949018797,
    "exports_all_year_lane_avg_usd": 21548273.25153329,
    "exports_historical_lane_peak_usd": 44725899.68869263,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 66.66666666666667,
    "trend_acceleration_pct": 2.244136069669935,
    "trend_label": "Rapid growth",
    "top_market_iso3": "MNE",
    "top_market_exports_usd": 14258487.278260961,
    "top_market_share_pct": 34.453844591509466,
    "destination_hhi": 2505.200413670516,
    "weighted_share_latest_pct": 64.2796178689184,
    "weighted_share_change_1y_pp": -0.6143142676093524,
    "weighted_volatility_cv": 0.5027524205900143,
    "weighted_max_drawdown_pct": 41.13902136109378,
    "limited_history_lane_share_pct": 36.76470588235294,
    "data_freshness_years": 0,
    "coverage_score": 99,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:55",
    "source": "api",
    "product": {
      "hs_code": 220110,
      "hs_description": "Waters: mineral and aerated, including natural or artificial, (not containing added sugar or other sweetening matter nor flavoured)",
      "hs_chapter": 22,
      "hs_heading": 2201,
      "substitution_elasticity": -7.2992878,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Waters: mineral and aerated, including natural or artificial, (not containing added sugar or other sweetening matter nor flavoured)",
    "hs_chapter": 22,
    "hs_heading": 2201,
    "destinations": [
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        "corridor_rank": 41,
        "exporter_iso3": "SRB",
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        "exports_avg_5y_usd": 10659630.625257269,
        "exports_avg_10y_usd": 9881714.970643247,
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        "market_share_change_1y_pp": -0.5559333853078812,
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        "peer_top_exporter": "SRB",
        "supplier_count_latest": 19,
        "buyer_market_hhi": 8267.89,
        "distance_km": null,
        "has_reported_fta": null,
        "applied_tariff_pct": null,
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        "volatility_cv": 0.296238306016599,
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        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
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    "priceSummary": {
      "exporter_iso3": "SRB",
      "hs_code": 220110,
      "num_markets": 49,
      "highest_price_importer_iso3": "MLT",
      "highest_price_usd_per_ton": 16538.46153846154,
      "lowest_price_importer_iso3": "ISR",
      "lowest_price_usd_per_ton": 8.230268141532523,
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      "avg_quantity_metric_tons": 2976.240164835165,
      "total_trade_value_usd": 133714355
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    "history": [
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      "exports_cagr_3y_pct": 8.523389332038356,
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      "momentum_score": 6.809774249554296,
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      "population": 6586476,
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      "investment_rate_pct": null,
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      "secondary_education_pct": null,
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      "total_factor_productivity": null,
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      "num_active_partners": 270,
      "num_fta_partners": 2,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 8,
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      "avg_substitution_elasticity": -10.019163929266425,
      "pct_products_high_elasticity": 74.32363450740174,
      "pct_products_low_elasticity": 2.858601327207759,
      "real_market_potential": null,
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    "countryMap": {}
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    "hs_code": "220110",
    "hs_description": "Waters: mineral and aerated, including natural or artificial, (not containing added sugar or other sweetening matter nor flavoured)",
    "hs_chapter": 22,
    "hs_heading": 2201
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      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
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      "exports_latest_observed_usd": 10140219.579813436,
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      "exports_avg_5y_usd": 7677784.211481208,
      "exports_avg_10y_usd": 6223120.430261059,
      "exports_cagr_3y_pct": 12.934898001116423,
      "exports_cagr_5y_pct": 11.477274313859942,
      "exports_cagr_10y_pct": 7.862962724353251,
      "exports_historical_peak_usd": 10140219.579813436,
      "buyer_imports_latest_observed_usd": 20077928.72853252,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 66.66666666666667,
      "trend_acceleration_pct": 5.071935276763172,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 12.3777,
      "buyer_yoy_all_avg_pct": 11.6983,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 50.504311061744545,
      "market_share_change_1y_pp": 2.7523028192421037,
      "peer_best_share_pct": 50.504311061744545,
      "peer_top_exporter": "SRB",
      "supplier_count_latest": 17,
      "buyer_market_hhi": 3739.44,
      "distance_km": null,
      "has_reported_fta": null,
      "applied_tariff_pct": 0.005280065275037039,
      "tariff_advantage_pp": 0.06408108768074074,
      "volatility_cv": 0.296238306016599,
      "max_drawdown_pct": 22.074589586607306,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "SRB",
    "hs_code": 220110,
    "num_markets": 49,
    "highest_price_importer_iso3": "MLT",
    "highest_price_usd_per_ton": 16538.46153846154,
    "lowest_price_importer_iso3": "ISR",
    "lowest_price_usd_per_ton": 8.230268141532523,
    "median_price_across_markets": 333.6493250417109,
    "price_spread_pct": 4954.372758959874,
    "avg_quantity_metric_tons": 2976.240164835165,
    "total_trade_value_usd": 133714355
  },
  "history": [
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      "year": 2010,
      "export_value_usd": 14141781.803201362,
      "active_destinations": 28,
      "yoy_growth_pct": -9.247778446849622
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      "export_value_usd": 14488635.370555377,
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      "yoy_growth_pct": 2.452686459039375
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      "year": 2012,
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      "yoy_growth_pct": -13.71455525766587
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      "year": 2013,
      "export_value_usd": 13488085.4327338,
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      "yoy_growth_pct": 7.891016116416229
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      "year": 2014,
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      "yoy_growth_pct": 17.543900715932896
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      "year": 2015,
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      "yoy_growth_pct": -2.8991713380727835
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      "year": 2016,
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      "yoy_growth_pct": 7.357628843003792
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      "export_value_usd": 19397434.98125461,
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      "yoy_growth_pct": 17.364850769082107
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    {
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      "yoy_growth_pct": 6.8111513260822525
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    {
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      "yoy_growth_pct": -20.459938866539815
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    {
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      "yoy_growth_pct": 39.77308029289548
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  "economy": {
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    "yoy_exports_growth_pct": 6.075367785632557,
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    "exports_cagr_3y_pct": 8.523389332038356,
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    "gdp_million_usd": 90097.76595911144,
    "gdp_per_capita_usd": 13679.206598355697,
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    "investment_rate_pct": null,
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    "secondary_education_pct": null,
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    "trade_openness_pct": null,
    "exports_gdp_pct": null,
    "num_active_partners": 270,
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    "num_shared_border_partners": 8,
    "num_shared_language_partners": 2,
    "avg_partner_distance_km": 6465.419753086419,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 0.7407407407407408,
    "pct_partners_shared_language": 0.7407407407407408,
    "pct_partners_shared_border": 2.9629629629629632,
    "avg_applied_tariff_pct": 0.08710905157469485,
    "avg_mfn_tariff_pct": 0.0953458988455135,
    "avg_preferential_tariff_pct": 0.023428429532326267,
    "tariff_advantage_pp": 0.07191746931318724,
    "avg_distance_all_partners_km": null,
    "num_border_partners": null,
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    "avg_substitution_elasticity": -10.019163929266425,
    "pct_products_high_elasticity": 74.32363450740174,
    "pct_products_low_elasticity": 2.858601327207759,
    "real_market_potential": null,
    "foreign_market_potential": null
  }
}
```
