Serbia: Trade balance, in dollars

* indicates monthly or quarterly data series
 Serbia

Trade balance, billion USD

 Latest value -4.44
 Year 2024
 Measure billion U.S. dollars
 Data availability 2007 - 2024
 Average -5.87
 Min - Max -12.80 - -2.45
 Source The World Bank
The latest value from 2024 is -4.44 billion U.S. dollars, a decline from -3.81 billion U.S. dollars in 2023. In comparison, the world average is 4.90 billion U.S. dollars, based on data from 109 countries. Historically, the average for Serbia from 2007 to 2024 is -5.87 billion U.S. dollars. The minimum value, -12.8 billion U.S. dollars, was reached in 2008 while the maximum of -2.45 billion U.S. dollars was recorded in 2016. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Serbia - Trade balance, in dollars - Recent values chart

Historical series
Serbia - Trade balance, in dollars - historical chart - 2007-2024




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Terms of trade 101.70 2023 percent
 Trade openness 111.46 2024 percent
 Exports, percent of GDP 52.69 2024 percent
 Exports, billion dollars 46.94 2024 billion U.S. dollars
 Growth of exports 3.23 2024 percent
 Imports, percent of GDP 58.77 2024 percent
 Imports, billion dollars 52.35 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 6.07 2023 percent
 Foreign Direct Investment, billion dollars 5.64 2024 billion U.S. dollars
 Portfolio investment inflows, equities -1.47 2024 million dollars (current)
 Current account, percent of GDP -4.56 2024 percent
 Trade balance, percent of GDP -6.08 2024 percent
 Trade balance, in dollars -4.44 2024 billion U.S. dollars
 Reserves 30.48 2024 billion U.S. dollars
 Remittances, percent of GDP 7.68 2023 percent
 Remittances 5,772.22 2023 million U.S. dollars
 Net errors and omissions 386.27 2024 million USD
 External debt 60.24 2023 percent
 Short-term external debt 1.98 2023 percent
 Short-term debt to reserves 3.52 2023 percent
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