Serbia
22.2M €
Exports
2024
2004 January2025 May
30.2M €
Imports
2024
2004 January2025 May
Serbia is the 52nd largest export partner of Estonia. In 2024, Estonia's exports to Serbia amounted to €22.2M and imports from Serbia to €30.2M, resulting in negative trade balance of €7.95M.
Exports
2024
In 2024, Estonia's exports to Serbia amounted to €22.2M, making it the 52nd largest export partner in the world. Compared to the previous year, exports from Estonia to Serbia experienced growth at an annualized rate of 28.5%, from €17.3M in 2023 to €22.2M in 2024. Most recently, exports were led by printing machinery, which represent 30.2% of the total exports to Serbia, followed by prepared or preserved fish; caviar and caviar subs..., which account for 12%.
Imports
2024
In 2024, Estonia's imports from Serbia ammounted to €30.2M, making it the 40th largest import partner in the world. Compared to the previous year, imports from Serbia to Estonia experienced growth at an annualized rate of 12%, from €26.9M in 2023 to €30.2M in 2024. Most recently, imports were led by bombs, grenades, torpedos, mines, missiles, cartri..., which represent 58.5% of the total imports from Serbia, followed by motor vehicles for the transport of >= 10 persons,..., which account for 58.5%.
Trade Balance
As of 2025 May, Estonia had positive trade balance of €607k with Serbia. In 2024 May, it had positive trade balance of €1.7M.
