Largest market shown
Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas
$1.1B of latest reported imports and $823.0M of calculated three-year opportunity.
Importer opportunity guide
Serbia import opportunities
where to source next
Explore Serbia's import market by product, supplier concentration, demand growth, and sourcing gaps. Use reported market size and calculated indicators to decide where deeper supplier research may be useful.
Latest imports$40.8B2024 reported value
Import CAGR+7.0%Three-year reported change
GDP$90.1BLatest reported value
GDP per capita$13.7KLatest reported value
Trade openness0.0%Reported share of GDP
Serbia import opportunities
What makes this an attractive import market?
Compare market size and growth with supplier concentration. A large market may still need product, quality, tariff, logistics, and buyer validation.
Current import base
$40.8B in imports
Serbia recorded $40.8B in imports in 2024, with a three-year change of +7.0%.
How to use the guide
Compare demand with supply
Start with the highest-value products, then review supplier concentration and market conditions before choosing a sourcing route.
Import market overview
Find products where demand and sourcing options meet
This page separates reported import observations from calculated indicators so market size is not mistaken for a guaranteed sourcing opportunity.
Serbia imports products from suppliers across major trade regions. The current profile reports $40.8B of imports in 2024, while the opportunity view highlights product and supplier combinations where market demand and supply context may justify further research.
Use the opportunity table to compare product market size, demand growth, supplier counts, concentration, and projected imports. High concentration can indicate reliance on a small supplier base; it can also reflect specialized products that require careful validation.
Top import opportunities
Products and supplier context to review
The top 50 screened products are ranked by calculated three-year opportunity. Reported market values and calculated indicators are labeled separately.
| Rank | Product | Market size | Demand growth | Suppliers | Concentration | Top supplier | Projected imports |
|---|---|---|---|---|---|---|---|
| 1 | HS 271121Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas | $1.1BLatest imports | -0.3% | 6 | 6375 | RUSDeclining | $1.1B |
| 2 | HS 270900Oils: petroleum oils and oils obtained from bituminous minerals, crude | $889.8MLatest imports | +4.3% | 9 | 5192 | IRQAccelerating | $1.0B |
| 3 | HS 851712Telephones for cellular networks or for other wireless networks | $608.8MLatest imports | +11.7% | 55 | 2794 | CHNDeclining | $848.2M |
| 4 | HS 740811Copper: wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mm | $258.4MLatest imports | +10.8% | 19 | 7896 | DEUSlowing | $351.3M |
| 5 | HS 300490Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $1.2BLatest imports | +10.5% | 59 | 858 | DEUGrowing | $1.6B |
| 6 | HS 271600Electrical energy | $961.0MLatest imports | +12.9% | 16 | 1376 | HUNDeclining | $1.4B |
| 7 | HS 841490Pumps and compressors: parts, of air or vacuum pumps, air or other gas compressors and fans, ventilating or recycling hoods incorporating a fan | $207.8MLatest imports | +22.5% | 61 | 4932 | CHNDeclining | $381.8M |
| 8 | HS 740200Copper: unrefined, copper anodes for electrolytic refining | $139.8MLatest imports | +59.0% | 3 | 6340 | TURGrowing | $273.1M |
| 9 | HS 300215Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale | $308.9MLatest imports | +20.3% | 31 | 2093 | CHEDeclining | $537.6M |
| 10 | HS 841191Turbines: parts of turbo-jets and turbo-propellers | $157.0MLatest imports | +24.8% | 29 | 4017 | USAStable | $305.4M |
| 11 | HS 850300Electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502 | $409.1MLatest imports | +16.5% | 49 | 1452 | DEUDeclining | $647.7M |
| 12 | HS 271019Product description unavailable | $780.8MLatest imports | +4.5% | 65 | 956 | HUNDeclining | $890.6M |
| 13 | HS 410712Leather: further prepared after tanning or crusting, including parchment-dressed leather, of bovine (including buffalo) or equine animals, without hair on, other than leather of heading 41.14, whole hides and skins, grain splits | $127.4MLatest imports | +13.9% | 30 | 7408 | ITADeclining | $188.1M |
| 14 | HS 120190Soya beans: other than seed, whether or not broken | $106.8MLatest imports | +22.9% | 16 | 6009 | HRVGrowing | $198.1M |
| 15 | HS 870332Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 1500cc but not exceeding 2500cc | $426.0MLatest imports | +5.4% | 44 | 1693 | CZEDeclining | $498.7M |
| 16 | HS 020329Meat: of swine, n.e.s. in item no. 0203.2, frozen | $143.0MLatest imports | +23.0% | 21 | 3626 | ESPDeclining | $266.1M |
| 17 | HS 999999Commodities not specified according to kind | $155.8MLatest imports | +54.0% | 40 | 2664 | RUSDeclining | $304.3M |
| 18 | HS 880212Helicopters: of an unladen weight exceeding 2000kg | $86.1MLatest imports | +54.0% | 3 | 6067 | DEUDeclining | $168.2M |
| 19 | HS 270210Lignite: whether or not pulverised, but not agglomerated, excluding jet | $171.4MLatest imports | +13.3% | 12 | 3537 | BIHDeclining | $249.4M |
| 20 | HS 260300Copper ores and concentrates | $202.5MLatest imports | +2.4% | 9 | 3995 | CODDeclining | $217.3M |
| 21 | HS 870210Vehicles: public transport type (carries 10 or more passengers), compression-ignition internal combustion piston engine (diesel or semi-diesel) | $119.9MLatest imports | +9.3% | 29 | 5526 | TURDeclining | $156.6M |
| 22 | HS 853400Circuits: printed | $104.2MLatest imports | +26.6% | 58 | 3197 | CHNDeclining | $203.5M |
| 23 | HS 847130Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display | $137.6MLatest imports | +10.0% | 60 | 3524 | CHNDeclining | $183.0M |
| 24 | HS 270400Coke and semi-coke: of coal, lignite or peat, whether or not agglomerated: retort carbon | $151.3MLatest imports | -0.2% | 7 | 5218 | POLAccelerating | $150.5M |
| 25 | HS 890190Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods | $58.1MLatest imports | +32.0% | 12 | 7703 | NLDGrowing | $113.5M |
| 26 | HS 854449Insulated electric conductors: for a voltage not exceeding 80 volts, not fitted with connectors | $328.3MLatest imports | +14.4% | 66 | 959 | TURDeclining | $491.5M |
| 27 | HS 310210Fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution | $107.1MLatest imports | +6.6% | 31 | 5612 | RUSDeclining | $129.7M |
| 28 | HS 240120Tobacco: partly or wholly stemmed or stripped | $121.7MLatest imports | +10.7% | 22 | 3601 | BELDeclining | $165.1M |
| 29 | HS 392310Plastics: boxes, cases, crates and similar articles for the conveyance or packing of goods | $167.9MLatest imports | +17.6% | 59 | 1719 | DEUDeclining | $273.2M |
| 30 | HS 392690Plastics: other articles n.e.s. in chapter 39 | $288.0MLatest imports | +14.2% | 97 | 1145 | DEUSlowing | $428.8M |
| 31 | HS 850231Electric generating sets: wind-powered, (excluding those with spark-ignition or compression-ignition internal combustion piston engines) | $64.6MLatest imports | +65.4% | 7 | 5406 | CHNDeclining | $126.1M |
| 32 | HS 240391Tobacco: homogenised or reconstituted | $61.0MLatest imports | +22.8% | 18 | 6088 | ITADeclining | $113.0M |
| 33 | HS 740400Copper: waste and scrap | $91.8MLatest imports | +30.0% | 12 | 2646 | CZEDeclining | $179.3M |
| 34 | HS 300439Medicaments: containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic or prophylactic uses, packaged for retail sale | $118.7MLatest imports | +13.0% | 32 | 2916 | BELDeclining | $171.2M |
| 35 | HS 870324Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000cc | $83.1MLatest imports | +8.2% | 34 | 6177 | DEUGrowing | $105.3M |
| 36 | HS 760612Aluminium: plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square) | $164.3MLatest imports | +10.5% | 36 | 2913 | DEUDeclining | $221.8M |
| 37 | HS 850440Electrical static converters | $172.9MLatest imports | +15.7% | 69 | 1758 | CZEDeclining | $267.5M |
| 38 | HS 847780Machinery: for working rubber or plastics n.e.s. in heading no. 8477 | $83.2MLatest imports | +9.5% | 40 | 5704 | CHNGrowing | $109.1M |
| 39 | HS 860310Railway or tramway coaches, vans and trucks: self-propelled, powered from an external source of electricity (excluding those of heading no. 8604) | $108.0MLatest imports | +11.0% | 3 | 5767 | POLAccelerating | $147.7M |
| 40 | HS 851762Communication 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 | $163.0MLatest imports | +9.7% | 71 | 1554 | CHNStable | $215.3M |
| 41 | HS 841510Air conditioning machines: comprising a motor-driven fan and elements for changing the temperature and humidity, window or wall types, self-contained or split-system | $87.9MLatest imports | +9.7% | 39 | 4526 | CHNAccelerating | $115.9M |
| 42 | HS 721420Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling | $186.5MLatest imports | +6.7% | 17 | 2658 | ALBDeclining | $226.3M |
| 43 | HS 240399Tobacco: other than homogenised or reconstituted or smoking | $73.2MLatest imports | +22.0% | 23 | 3620 | NLDDeclining | $133.0M |
| 44 | HS 310520Fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium | $75.7MLatest imports | +8.0% | 27 | 6050 | RUSDeclining | $95.5M |
| 45 | HS 854140Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes | $69.3MLatest imports | +25.8% | 60 | 3227 | CHNGrowing | $135.3M |
| 46 | HS 850760Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) | $45.5MLatest imports | +24.2% | 50 | 6582 | CHNGrowing | $87.0M |
| 47 | HS 721070Iron or non-alloy steel: flat-rolled, width 600mm or more, painted, varnished or coated with plastics | $110.3MLatest imports | +15.8% | 30 | 2355 | CHNDeclining | $171.5M |
| 48 | HS 854411Insulated electric conductors: winding wire, of copper | $87.6MLatest imports | +13.6% | 37 | 3590 | DEUDeclining | $128.2M |
| 49 | HS 870350Vehicles: with both compression-ignition internal combustion piston engine (diesel or semi-diesel) and electric motor for propulsion, incapable of being charged by plugging to external source of electric power | $82.8MLatest imports | +54.3% | 28 | 2381 | DEUDeclining | $161.7M |
| 50 | HS 847989Machines and mechanical appliances: n.e.s. in item no. 8479.8, having individual functions | $166.3MLatest imports | +12.6% | 60 | 1311 | DEUDeclining | $237.1M |
Showing the five highest-ranked products on mobile. View the complete import opportunity data.
Product sectors
Which sectors carry the most demand?
HS2 sectors group the screened products into broader families for an easier first comparison.
| Sector | Products | Market size | Opportunity | Average growth |
|---|---|---|---|---|
| Mineral fuelsHS2 27 | 5 | $3.2B | $2.0B | +6.0% |
| Electrical equipmentHS2 85 | 10 | $2.1B | $1.2B | +22.4% |
| MachineryHS2 84 | 6 | $839.8M | $774.3M | +14.8% |
| CopperHS2 74 | 3 | $490.0M | $602.5M | +33.3% |
| Pharmaceutical productsHS2 30 | 3 | $1.6B | $558.4M | +14.6% |
| VehiclesHS2 87 | 4 | $711.8M | $405.9M | +19.3% |
| TobaccoHS2 24 | 3 | $255.9M | $256.2M | +18.5% |
| PlasticsHS2 39 | 2 | $455.9M | $186.6M | +15.9% |
| FertilizersHS2 31 | 2 | $182.8M | $169.6M | +7.3% |
| HS2 sector 00HS2 00 | 1 | $780.8M | $167.6M | +4.5% |
| Raw hides and skinsHS2 41 | 1 | $127.4M | $161.5M | +13.9% |
| Oil seeds and oleaginous fruitsHS2 12 | 1 | $106.8M | $150.9M | +22.9% |
Supply gaps
Where supplier concentration deserves attention
The concentration index helps identify products where reported imports rely more heavily on a smaller supplier base. It is a screening signal, not a recommendation by itself.
| Product | Market size | Suppliers | Concentration | Top supplier | Share gap |
|---|---|---|---|---|---|
| HS 740811Copper: wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mm | $258.4M | 19 | 7896 | DEU | 88.6% |
| HS 890190Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods | $58.1M | 12 | 7703 | NLD | 87.6% |
| HS 410712Leather: further prepared after tanning or crusting, including parchment-dressed leather, of bovine (including buffalo) or equine animals, without hair on, other than leather of heading 41.14, whole hides and skins, grain splits | $127.4M | 30 | 7408 | ITA | 85.8% |
| HS 850760Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) | $45.5M | 50 | 6582 | CHN | 81.0% |
| HS 271121Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas | $1.1B | 6 | 6375 | RUS | 77.5% |
| HS 740200Copper: unrefined, copper anodes for electrolytic refining | $139.8M | 3 | 6340 | TUR | 75.9% |
| HS 870324Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000cc | $83.1M | 34 | 6177 | DEU | 78.2% |
| HS 240391Tobacco: homogenised or reconstituted | $61.0M | 18 | 6088 | ITA | 77.0% |
Supplier landscape
Which supplier markets appear most often?
These supplier names come from the leading peer signal in the screened opportunity rows and should be validated at product level.
DEU
Germany
11 screened products
$1.4BCalculated opportunity across these rowsCHN
China
11 screened products
$1.4BCalculated opportunity across these rowsRUS
Russia
4 screened products
$1.1BCalculated opportunity across these rowsIRQ
Iraq
1 screened products
$691.8MCalculated opportunity across these rowsHUN
Hungary
2 screened products
$443.1MCalculated opportunity across these rowsTUR
Turkey
3 screened products
$419.8MCalculated opportunity across these rowsCZE
Czechia
3 screened products
$306.6MCalculated opportunity across these rowsITA
Italy
2 screened products
$248.5MCalculated opportunity across these rowsFrequently asked questions
Using the Serbia import opportunity index
Definitions and practical guidance for interpreting market size, growth, suppliers, and concentration.
What are the import opportunities?
They are product and supplier combinations in Serbia's screened import market with substantial reported demand and calculated opportunity indicators. They are research priorities, not guaranteed savings or supply contracts.
What does supplier concentration mean?
The concentration index indicates how much reported imports rely on a smaller supplier base. A high value can suggest supply dependence, but it can also reflect specialized products or limited reporting.
How should sourcing teams use this page?
Start with products that fit your specification and volume needs, then validate suppliers, tariffs, standards, logistics, pricing, and continuity for Serbia.
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.