How does Serbia rank globally on Merchandise exports by the reporting economy (current US$)?

In 2023, Serbia ranked #65 out of 205 countries reporting Merchandise exports by the reporting economy (current US$).

How does Serbia's Merchandise exports by the reporting economy (current US$) compare to the world average?

The global average for Merchandise exports by the reporting economy (current US$) in 2023 was $111.31 billion, so Serbia is below the world average. Within Europe & Central Asia, it ranks #30 of 53.

Serbia: Merchandise exports by the reporting economy (current US$)

Name: Serbia: Merchandise exports by the reporting economy (current US$)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2023, Serbia's Merchandise exports by the reporting economy (current US$) was $30.90 billion.

That's up 6.4% from 2022, the highest value on record.

The global average for this indicator in 2023 was $111.31 billion . Serbia ranks #65 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #30 of 53.

Source: World Bank Open Data (TX.VAL.MRCH.WL.CD) • Data as of 2023

Trend (2006–2023)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse
2022 · Russia–Ukraine war begins

Highlights

Peak: $30.90B; 2023
Trough: $5.72B; 2006
1-year change: +6.4%
5-year change: +68.6%; +11.0% / yr
10-year change: +110.0%; +7.7% / yr

Historical Data — Last 10 Years

Year	Merchandise exports by the reporting economy (current US$)
2023	30.902B
2022	29.057B
2021	25.559B
2020	19.491B
2019	18.744B
2018	18.324B
2017	16.598B
2016	14.682B
2015	13.355B
2014	14.805B

About Merchandise exports by the reporting economy (current US$)

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.

Indicator code: TX.VAL.MRCH.WL.CD • Category: Trade & Finance

Frequently asked questions

What was Serbia's Merchandise exports by the reporting economy (current US$) in 2023?: In 2023, Serbia's Merchandise exports by the reporting economy (current US$) was $30.90 billion, according to World Bank Open Data.
Is Serbia's Merchandise exports by the reporting economy (current US$) rising or falling?: Serbia's Merchandise exports by the reporting economy (current US$) rose 6.4% from 2022 to 2023.
How does Serbia rank globally on Merchandise exports by the reporting economy (current US$)?: In 2023, Serbia ranked #65 out of 205 countries reporting Merchandise exports by the reporting economy (current US$).
How does Serbia's Merchandise exports by the reporting economy (current US$) compare to the world average?: The global average for Merchandise exports by the reporting economy (current US$) in 2023 was $111.31 billion, so Serbia is below the world average. Within Europe & Central Asia, it ranks #30 of 53.
What is Merchandise exports by the reporting economy (current US$) and how is it measured?: Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.

Download this data: CSV JSON

Source: World Bank Open Data (TX.VAL.MRCH.WL.CD), CC BY 4.0.