# Serbia HS 940421 exports | Yugalinks

Explore reported HS 940421 exports from Serbia: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Serbia |
| HS6 | 940421 |
| Latest exports | $43.2M |
| Active destinations | 46 |
| Three-year growth | -15.3% |
| Destination HHI | 1,368 |
| Weighted share | 7.8% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $10.7M; share 1.6%; growth -43.8%
- Italy: $8.1M; share 10.8%; growth +50.9%
- Germany: $6.0M; share 2%; growth +11.2%

## Price intelligence

- Highest reported market price: Bolivia at $176.6K / ton.
- Lowest reported market price: Turkey at $127.6 / ton.
- Median reported price: $6.3K / ton.
- Price spread: 2,794.4%.

## Export history

- 2010: $114.0K
- 2011: $1.3M
- 2012: $2.8M
- 2013: $2.1M
- 2014: $727.0K
- 2015: $875.8K
- 2016: $2.0M
- 2017: $3.0M
- 2018: $7.7M
- 2019: $39.3M
- 2020: $81.6M
- 2021: $70.9M
- 2022: $103.5M
- 2023: $86.1M
- 2024: $43.0M

## 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/940421",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/940421",
    "exporter": "https://www.yugalinks.com/trade/exporter/srb/940421",
    "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": "940421",
    "exporter_iso3": "SRB",
    "first_data_year": 2006,
    "latest_data_year": 2024,
    "observed_lane_count": 70,
    "current_lane_count": 46,
    "active_market_count": 46,
    "exports_latest_observed_lanes_usd": 43178055.54375621,
    "exports_current_2024_usd": 43033332.021489866,
    "exports_avg_3y_usd": 77548526.49618356,
    "exports_avg_5y_usd": 77024705.63858889,
    "exports_avg_10y_usd": 43795857.30503287,
    "exports_cagr_3y_pct": -15.318119061315215,
    "exports_cagr_5y_pct": 1.8446367560055243,
    "exports_cagr_10y_pct": 50.392578060024995,
    "exports_all_year_lane_avg_usd": 54323076.14859681,
    "exports_historical_lane_peak_usd": 133641700.2637323,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 61.111111111111114,
    "trend_acceleration_pct": -65.71069712134022,
    "trend_label": "Rapid decline",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 10668007.415051538,
    "top_market_share_pct": 24.707012116932145,
    "destination_hhi": 1367.533908491595,
    "weighted_share_latest_pct": 7.783190084295465,
    "weighted_share_change_1y_pp": -1.774719653016351,
    "weighted_volatility_cv": 1.2117765068808166,
    "weighted_max_drawdown_pct": 91.68696140440605,
    "limited_history_lane_share_pct": 48.57142857142857,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:55",
    "source": "api",
    "product": {
      "hs_code": 940421,
      "hs_description": "Mattresses: of cellular rubber or plastics, whether or not covered",
      "hs_chapter": 94,
      "hs_heading": 9404,
      "substitution_elasticity": -14.420295,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Mattresses: of cellular rubber or plastics, whether or not covered",
    "hs_chapter": 94,
    "hs_heading": 9404,
    "destinations": [
      {
        "hs_code": 940421,
        "corridor_rank": 60,
        "exporter_iso3": "SRB",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 7,
        "exports_latest_observed_usd": 10668007.415051538,
        "exports_all_year_avg_usd": 40622153.840424955,
        "exports_avg_3y_usd": 45072669.67196196,
        "exports_avg_5y_usd": 51816146.06334187,
        "exports_avg_10y_usd": 40622153.84042496,
        "exports_cagr_3y_pct": -43.81097805014925,
        "exports_cagr_5y_pct": -15.742359324231604,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 77885813.03511426,
        "buyer_imports_latest_observed_usd": 666490302.3414315,
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        "buyer_yoy_all_avg_pct": 17.9635,
        "buyer_trend_consistency_pct": 86.2069,
        "market_share_latest_pct": 1.6006245518612967,
        "market_share_change_1y_pp": -3.9236036999471287,
        "peer_best_share_pct": 35.38662986766282,
        "peer_top_exporter": "IDN",
        "supplier_count_latest": 77,
        "buyer_market_hhi": 1794.72,
        "distance_km": null,
        "has_reported_fta": null,
        "applied_tariff_pct": 0.0242865264437037,
        "tariff_advantage_pp": 0.029582700087777775,
        "volatility_cv": 0.66544065175464,
        "max_drawdown_pct": 86.30301591607969,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Growing",
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        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 940421,
        "corridor_rank": 74,
        "exporter_iso3": "SRB",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 13,
        "exports_latest_observed_usd": 8066461.99159381,
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        "exports_avg_3y_usd": 8853052.885648528,
        "exports_avg_5y_usd": 5950010.48643406,
        "exports_avg_10y_usd": 3055799.638902183,
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        "buyer_yoy_all_avg_pct": 10.4083,
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        "peer_top_exporter": "CHN",
        "supplier_count_latest": 41,
        "buyer_market_hhi": 1269.11,
        "distance_km": null,
        "has_reported_fta": null,
        "applied_tariff_pct": 0.0009984533697407407,
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        "volatility_cv": 1.5478313333912892,
        "max_drawdown_pct": 99.79515573432325,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
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        "exporter_iso3": "SRB",
        "importer_iso3": "DEU",
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        "exports_avg_5y_usd": 5598878.857474106,
        "exports_avg_10y_usd": 2995205.712851142,
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        "positive_growth_year_share_pct": 55.55555555555556,
        "trend_acceleration_pct": -111.20458017821035,
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        "buyer_yoy_latest_pct": -8.6694,
        "buyer_yoy_all_avg_pct": 7.5265,
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        "market_share_change_1y_pp": -0.06393144272481965,
        "peer_best_share_pct": 45.131686387426804,
        "peer_top_exporter": "POL",
        "supplier_count_latest": 67,
        "buyer_market_hhi": 2514.54,
        "distance_km": null,
        "has_reported_fta": null,
        "applied_tariff_pct": 0.0009984533697407407,
        "tariff_advantage_pp": 0.04061113736335853,
        "volatility_cv": 1.5181873752309345,
        "max_drawdown_pct": 99.29839101004038,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "SRB",
      "hs_code": 940421,
      "num_markets": 58,
      "highest_price_importer_iso3": "BOL",
      "highest_price_usd_per_ton": 176625,
      "lowest_price_importer_iso3": "TUR",
      "lowest_price_usd_per_ton": 127.61194029850746,
      "median_price_across_markets": 6316.218095143509,
      "price_spread_pct": 2794.352338710548,
      "avg_quantity_metric_tons": 207.11285714285714,
      "total_trade_value_usd": 227522938
    },
    "history": [
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        "year": 2010,
        "export_value_usd": 114031.13540026678,
        "active_destinations": 12,
        "yoy_growth_pct": -21.516201427462814
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      {
        "year": 2011,
        "export_value_usd": 1287904.3071274706,
        "active_destinations": 15,
        "yoy_growth_pct": 1029.4321525491516
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        "year": 2015,
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      {
        "year": 2016,
        "export_value_usd": 1960811.703742069,
        "active_destinations": 25,
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      {
        "year": 2017,
        "export_value_usd": 3015607.013304382,
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        "yoy_growth_pct": 53.79380934687975
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      {
        "year": 2018,
        "export_value_usd": 7708050.441111689,
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        "yoy_growth_pct": 155.60526975514338
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      {
        "year": 2019,
        "export_value_usd": 39274815.77624448,
        "active_destinations": 35,
        "yoy_growth_pct": 409.52982308948253
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      {
        "year": 2020,
        "export_value_usd": 81612672.11450595,
        "active_destinations": 39,
        "yoy_growth_pct": 107.79899409195876
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      {
        "year": 2021,
        "export_value_usd": 70865276.58988783,
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      {
        "year": 2022,
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        "active_destinations": 32,
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        "year": 2023,
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      {
        "year": 2024,
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    "economy": {
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      "country_iso3": "SRB",
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      "trade_balance_usd": -8273894502.2946205,
      "yoy_exports_growth_pct": 6.075367785632557,
      "yoy_imports_growth_pct": 5.330933989016917,
      "exports_cagr_3y_pct": 8.523389332038356,
      "imports_cagr_3y_pct": 7.01921951704505,
      "export_partner_hhi": 516.8857652166402,
      "export_product_hhi": 111.90654698320301,
      "momentum_score": 6.809774249554296,
      "risk_score": 3.143961560999216,
      "gdp_million_usd": 90097.76595911144,
      "gdp_per_capita_usd": 13679.206598355697,
      "population": 6586476,
      "labor_force": null,
      "investment_rate_pct": null,
      "savings_rate_pct": null,
      "secondary_education_pct": null,
      "tertiary_education_pct": null,
      "total_factor_productivity": null,
      "trade_openness_pct": null,
      "exports_gdp_pct": null,
      "num_active_partners": 270,
      "num_fta_partners": 2,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "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,
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      "pct_partners_with_fta": 0.7407407407407408,
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      "avg_applied_tariff_pct": 0.08710905157469485,
      "avg_mfn_tariff_pct": 0.0953458988455135,
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      "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
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "940421",
    "hs_description": "Mattresses: of cellular rubber or plastics, whether or not covered",
    "hs_chapter": 94,
    "hs_heading": 9404
  },
  "destinations": [
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      "exporter_iso3": "SRB",
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      "exports_avg_10y_usd": 40622153.84042496,
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      "exports_avg_10y_usd": 3055799.638902183,
      "exports_cagr_3y_pct": 50.900681307006664,
      "exports_cagr_5y_pct": 73.15297979367735,
      "exports_cagr_10y_pct": 169.16816696261074,
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      "buyer_yoy_all_avg_pct": 10.4083,
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      "peer_best_share_pct": 21.696398780026307,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 41,
      "buyer_market_hhi": 1269.11,
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      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 940421,
      "corridor_rank": 95,
      "exporter_iso3": "SRB",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 19,
      "exports_latest_observed_usd": 5978521.010095857,
      "exports_all_year_avg_usd": 1605600.8006022107,
      "exports_avg_3y_usd": 6309593.793515409,
      "exports_avg_5y_usd": 5598878.857474106,
      "exports_avg_10y_usd": 2995205.712851142,
      "exports_cagr_3y_pct": 11.247519300657016,
      "exports_cagr_5y_pct": 64.55757409830383,
      "exports_cagr_10y_pct": 122.45209947886737,
      "exports_historical_peak_usd": 6754242.095883918,
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      "buyer_yoy_all_avg_pct": 7.5265,
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      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "SRB",
    "hs_code": 940421,
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    "highest_price_importer_iso3": "BOL",
    "highest_price_usd_per_ton": 176625,
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    "price_spread_pct": 2794.352338710548,
    "avg_quantity_metric_tons": 207.11285714285714,
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      "export_value_usd": 114031.13540026678,
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    "real_market_potential": null,
    "foreign_market_potential": null
  }
}
```