Trade balance — all countries

Trade balance — Serbia

Trade balance in Serbia in 2025 — -4,295,314,006 US$. Ranked 105 in the world out of 138. Since 1995, the indicator has fallen by 734.8%.

2025 -4.3B US$ −4.62% vs 2024
World rank 105of 138
Period maximum -339M US$2000
Period minimum -11.37B US$2008

Trend over time

1995–2025 · US$

Trade balance — Serbia, 1995–2025-15B-10B-5B0199519982001200420072010201320162019202220251995: -514,548,023 US$1996: -1,464,562,384 US$1997: -1,927,743,856 US$1998: -939,546,198 US$1999: -886,678,386 US$2000: -338,711,235 US$2001: -1,966,114,243 US$2002: -2,855,061,391 US$2003: -3,344,568,241 US$2004: -6,262,333,551 US$2005: -4,755,717,708 US$2006: -5,859,027,668 US$2007: -9,075,405,237 US$2008: -11,372,467,630 US$2009: -6,016,270,942 US$2010: -5,107,895,519 US$2011: -6,305,016,541 US$2012: -5,966,049,927 US$2013: -3,974,741,336 US$2014: -3,799,075,051 US$2015: -2,790,839,289 US$2016: -2,019,794,595 US$2017: -2,976,987,041 US$2018: -4,340,872,218 US$2019: -5,200,807,589 US$2020: -4,533,777,383 US$2021: -5,068,837,720 US$2022: -6,972,920,277 US$2023: -3,532,643,820 US$2024: -4,105,772,764 US$2025: -4,295,314,006 US$
Change over the period: −3.78B (−734.77%)

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Serbia

Serbia -4.3B US$
Europe & Central Asia computed 864B US$
Southern Europe computed 97.93B US$
Upper-middle-income countries computed 855B US$
Trade balance — Serbia, by year Serbia All countries CSV XLSX
Year US$ Change Change, %
2025 -4.3B −190M −4.62%
2024 -4.11B −573M −16.22%
2023 -3.53B +3.44B +49.34%
2022 -6.97B −1.9B −37.56%
2021 -5.07B −535M −11.8%
2020 -4.53B +667M +12.83%
2019 -5.2B −860M −19.81%
2018 -4.34B −1.36B −45.81%
2017 -2.98B −957M −47.39%
2016 -2.02B +771M +27.63%
2015 -2.79B +1.01B +26.54%
2014 -3.8B +176M +4.42%
2013 -3.97B +1.99B +33.38%
2012 -5.97B +339M +5.38%
2011 -6.31B −1.2B −23.44%
2010 -5.11B +908M +15.1%
2009 -6.02B +5.36B +47.1%
2008 -11.37B −2.3B −25.31%
2007 -9.08B −3.22B −54.9%
2006 -5.86B −1.1B −23.2%
2005 -4.76B +1.51B +24.06%
2004 -6.26B −2.92B −87.24%
2003 -3.34B −490M −17.15%
2002 -2.86B −889M −45.21%
2001 -1.97B −1.63B −480.47%
2000 -339M +548M +61.8%
1999 -887M +52.87M +5.63%
1998 -940M +988M +51.26%
1997 -1.93B −463M −31.63%
1996 -1.46B −950M −184.63%
1995 -515M

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

Source: World Development Indicators (World Bank), license CC BY 4.0.