US trade (export - import) with Serbia in 2018

Published or Updated: Jun 10, 2019

The report on US foreign trade in goods with Serbia in 2018: exports, imports, balance, product types and groups, dynamics.

US Trade with Serbia

In 2018, US trade with Serbia totaled $527.1 million, up 18.97% ($84.0 million) from 2017.

US exports to Serbia in 2018 totaled $185.7 million, up 37.22% ($50.4 million) from 2017.

US imports from Serbia in 2018 totaled $341.4 million, up 10.94% ($33.7 million) from 2017.

US trade deficit with Serbia in 2018 was $155.7 million, a 9.69% decrease ($16.7 million) over 2017.

Serbia was the US 120th largest trading partner in 2018 (down from 119th in 2017), accounting for 0.0123% of US total trade (up from 0.0112% in 2017).

Serbia was the US 133rd largest export market in 2018 (down from 132nd in 2017), accounting for 0.0112% of US total exports (up from 0.0088% in 2017).

Serbia was the US 106th largest supplier in 2018 (down from 101st in 2017), accounting for 0.0130% of US total imports (up from 0.0128% in 2017).

US Exports to Serbia

The major share of US exports to Serbia in 2018 (and in 2017) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 60.70% of US total exports to Serbia (57.99% in 2017);
  • Chemical products (HS codes 28-40) - 11.73% of US total exports to Serbia (8.05% in 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 10.58% of US total exports to Serbia (13.65% in 2017);
  • Metals and products from them (HS codes 72-83) - 2.33% of US total exports to Serbia (2.57% in 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.80% of US total exports to Serbia (1.26% in 2017);
  • Mineral products (HS codes 25-27) - 0.26% of US total exports to Serbia (1.01% in 2017).

The largest gains in US exports to Serbia in 2018 over 2017 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $28.2 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $10.6 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $6.8 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $4.6 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $4.0 million;
  • Meat and edible meat offal (HS code 02) - an increase of $1.2 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $1.2 million;
  • Pharmaceutical products (HS code 30) - an increase of $0.8 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $0.7 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $0.7 million;
  • Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds (HS code 86) - an increase of $0.6 million.

The largest declines in US exports to Serbia in 2018 over 2017 were recorded for the following product groups:

  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $4.2 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $1.2 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $1.0 million;
  • Organic chemicals (HS code 29) - a decrease of $0.9 million;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $0.8 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - a decrease of $0.6 million.
US exports to Serbia in 2018 by product groups
HS
code
Name of product group Value
of exports
in 2018
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2017
(USD thousand)
Change
in 2018
over 2017
(%)
02 Meat and edible meat offal 3,868.1 2.08 2,619.247.68
03 Fish and crustaceans, molluscs and other aquatic invertebrates 98.0 0.05 104.7-6.41
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 3.5 0.00 0.0
05 Products of animal origin, not elsewhere specified or included 169.7 0.09 178.8-5.14
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 3.1 0.00 0.0
07 Edible vegetables and certain roots and tubers 48.4 0.03 7.3560.09
08 Edible fruit and nuts; peel of citrus fruit or melons 1,115.9 0.60 388.8187.00
10 Cereals 321.1 0.17 346.1-7.22
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 114.5 0.06 139.2-17.79
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 50.0-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 71.5 0.04 27.8156.94
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 0.0 0.00 52.4-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 380.5 0.20 464.6-18.10
21 Miscellaneous edible preparations 1,118.4 0.60 1,398.7-20.04
22 Beverages, spirits and vinegar 1,694.0 0.91 2,190.9-22.68
23 Residues and waste from the food industries; prepared animal feed 2.9 0.00 2.514.10
24 Tobacco and manufactured tobacco substitutes 10,638.1 5.73 10,503.41.28
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 6.8 0.00 27.2-75.00
26 Ores, slag and ash 159.3 0.09 44.5258.29
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 322.7 0.17 1,299.7-75.17
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 30.9 0.02 142.6-78.33
29 Organic chemicals 836.7 0.45 1,695.0-50.63
30 Pharmaceutical products 3,514.0 1.89 2,684.330.91
31 Fertilizers 21.2 0.01 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 190.0 0.10 1,010.0-81.19
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 2,614.6 1.41 1,391.487.91
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 138.3 0.07 130.06.43
35 Albuminoidal substances; modified starches; glues; enzymes 430.0 0.23 197.8117.42
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 237.6 0.13 599.0-60.34
37 Photographic or cinematographic goods 236.7 0.13 28.1741.55
38 Miscellaneous chemical products 11,724.7 6.31 1,174.2898.54
39 Plastics and articles thereof 1,449.6 0.78 958.551.23
40 Rubber and articles thereof 352.2 0.19 878.4-59.90
41 Raw hides and skins (other than furskins) and leather 52.0 0.03 20.2157.52
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 426.4 0.23 358.718.88
44 Wood and articles of wood; wood charcoal 75.0 0.04 13.5455.76
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 70.9 0.04 138.0-48.60
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 101.0 0.05 152.1-33.61
52 Cotton 96.9 0.05 111.1-12.77
54 Man-made filaments 158.2 0.09 319.7-50.53
55 Man-made staple fibers 143.5 0.08 122.617.07
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 47.7-100.00
57 Carpets and other textile floor coverings 10.4 0.01 9.114.66
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 128.2 0.07 155.4-17.48
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 63.3 0.03 52.221.24
60 Knitted or crocheted fabrics 19.2 0.01 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 208.1 0.11 201.93.08
62 Articles of apparel and clothing accessories, not knitted or crocheted 189.5 0.10 136.239.19
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 257.4 0.14 218.317.89
64 Footwear, gaiters and the like; parts of such articles 151.8 0.08 73.8105.63
65 Headgear and parts thereof 0.0 0.00 28.4-100.00
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.0 0.00 2.8-100.00
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 51.5 0.03 224.8-77.07
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 176.8 0.10 119.348.25
69 Ceramic products 116.6 0.06 67.971.78
70 Glass and glassware 109.7 0.06 40.0174.58
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 25.1 0.01 62.7-60.04
72 Iron and steel 11.5 0.01 13.5-14.70
73 Articles of iron or steel 850.2 0.46 655.529.70
74 Copper and articles thereof 8.4 0.00 41.8-79.94
75 Nickel and articles thereof 9.6 0.01 51.1-81.14
76 Aluminum and articles thereof 2,201.9 1.19 2,197.80.19
81 Other base metals; cermets; articles thereof 87.5 0.05 23.3276.04
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,027.4 0.55 310.1231.34
83 Miscellaneous articles of base metal 138.3 0.07 191.4-27.74
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 36,508.9 19.66 29,676.623.02
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 12,356.2 6.65 16,567.6-25.42
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 838.5 0.45 217.7285.11
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 8,192.4 4.41 4,239.693.23
88 Aircraft, spacecraft, and parts thereof 40,192.1 21.64 11,966.7235.87
89 Ships, boats and floating structures 67.4 0.04 90.2-25.32
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 14,555.3 7.84 15,712.0-7.36
91 Clocks and watches and parts thereof 30.5 0.02 0.0
92 Musical instruments; parts and accessories of such articles 93.4 0.05 156.4-40.28
93 Arms and ammunition; parts and accessories thereof 1,245.1 0.67 1,822.6-31.69
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 114.4 0.06 103.710.30
95 Toys, games and sports requisites; parts and accessories thereof 756.1 0.41 572.931.99
96 Miscellaneous manufactured articles 162.4 0.09 152.96.15
97 Works of art, collectors’ pieces and antiques 3.3 0.00 54.2-94.00
99 Commodities not specified according to kind 21,695.3 11.68 17,097.226.89

US Imports from Serbia

The major share of US imports from Serbia in 2018 (and in 2017) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 29.17% of US total imports from Serbia (33.95% in 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 22.13% of US total imports from Serbia (13.47% in 2017);
  • Metals and products from them (HS codes 72-83) - 17.19% of US total imports from Serbia (14.02% in 2017);
  • Chemical products (HS codes 28-40) - 10.15% of US total imports from Serbia (13.82% in 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 3.15% of US total imports from Serbia (4.21% in 2017).

The largest gains in US imports from Serbia in 2018 over 2017 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $19.0 million;
  • Iron and steel (HS code 72) - an increase of $18.5 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $10.0 million;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $9.0 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $6.9 million;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $2.0 million;
  • Edible vegetables and certain roots and tubers (HS code 07) - an increase of $1.9 million;
  • Miscellaneous edible preparations (HS code 21) - an increase of $1.8 million;
  • Copper and articles thereof (HS code 74) - an increase of $1.6 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $1.6 million;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $1.4 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $1.2 million;
  • Residues and waste from the food industries; prepared animal feed (HS code 23) - an increase of $1.1 million.

The largest declines in US imports from Serbia in 2018 over the 2017 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $11.8 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - a decrease of $10.8 million;
  • Rubber and articles thereof (HS code 40) - a decrease of $6.4 million;
  • Lead and articles thereof (HS code 78) - a decrease of $4.7 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $4.4 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $1.7 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - a decrease of $1.6 million;
  • Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations (HS code 36) - a decrease of $1.0 million.
US imports from Serbia in 2018 by product groups
HS
code
Name of product group Value
of imports
in 2018
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2017
USD thousand)
Change
in 2018
over 2017
(%)
01 Live animals 114.8 0.03 126.4-9.14
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 293.7 0.09 161.581.87
07 Edible vegetables and certain roots and tubers 2,676.5 0.78 814.0228.81
08 Edible fruit and nuts; peel of citrus fruit or melons 27,568.5 8.08 27,846.3-1.00
09 Coffee, tea, maté and spices 963.4 0.28 731.031.78
10 Cereals 19,020.4 5.57 12.8148,986.13
11 Products of the milling industry; malt; starches; inulin; wheat gluten 18.6 0.01 43.3-57.15
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 9,170.2 2.69 191.24,694.99
13 Lac; gums, resins and other vegetable saps and extracts 49.7 0.01 35.739.38
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 49.1 0.01 7.0603.58
17 Sugars and sugar confectionery 74.2 0.02 31.1138.67
18 Cocoa and cocoa preparations 878.8 0.26 589.249.16
19 Preparations of cereals, flour, starch or milk; bakers’ wares 2,297.1 0.67 1,664.138.04
20 Preparations of vegetables, fruit, nuts or other parts of plants 926.4 0.27 1,213.1-23.63
21 Miscellaneous edible preparations 7,519.9 2.20 5,749.030.80
22 Beverages, spirits and vinegar 2,762.1 0.81 1,918.044.01
23 Residues and waste from the food industries; prepared animal feed 1,131.8 0.33 0.0
24 Tobacco and manufactured tobacco substitutes 48.6 0.01 320.1-84.82
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 93.3 0.03 152.1-38.64
26 Ores, slag and ash 0.0 0.00 42.6-100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 24.4 0.01 0.0
29 Organic chemicals 0.0 0.00 1,014.1-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 5.3-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 851.6 0.25 77.21,003.77
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 552.7 0.16 765.5-27.80
35 Albuminoidal substances; modified starches; glues; enzymes 274.2 0.08 454.0-39.60
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 7.7 0.00 1,049.1-99.27
38 Miscellaneous chemical products 26.7 0.01 16.859.59
39 Plastics and articles thereof 9,409.4 2.76 9,241.71.82
40 Rubber and articles thereof 23,514.4 6.89 29,918.2-21.40
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 52.4 0.02 37.141.25
43 Furskins and artificial fur; manufactures thereof 10.1 0.00 20.3-50.35
44 Wood and articles of wood; wood charcoal 547.2 0.16 706.7-22.57
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 167.2 0.05 131.127.54
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 298.5 0.09 469.1-36.37
52 Cotton 4.4 0.00 0.7532.43
54 Man-made filaments 25.7 0.01 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 19.4 0.01 0.44,927.01
57 Carpets and other textile floor coverings 37.4 0.01 5.4593.65
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 1.5 0.00 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 32.6 0.01 22.843.01
61 Articles of apparel and clothing accessories, knitted or crocheted 2,081.3 0.61 2,032.72.39
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,851.5 0.54 1,022.681.06
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 395.6 0.12 1,980.6-80.03
64 Footwear, gaiters and the like; parts of such articles 6,153.7 1.80 7,808.3-21.19
65 Headgear and parts thereof 163.9 0.05 68.3139.87
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 1.6 0.00 2.5-36.35
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.0 0.00 1.8-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,555.1 0.46 140.41,007.41
69 Ceramic products 63.7 0.02 101.2-37.07
70 Glass and glassware 6,232.6 1.83 5,425.714.87
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,321.1 0.39 1,349.2-2.08
72 Iron and steel 39,748.1 11.64 21,294.186.66
73 Articles of iron or steel 5,362.9 1.57 6,183.1-13.27
74 Copper and articles thereof 9,314.0 2.73 7,715.920.71
75 Nickel and articles thereof 20.3 0.01 10.789.23
76 Aluminum and articles thereof 1,857.7 0.54 263.4605.23
78 Lead and articles thereof 0.0 0.00 4,680.0-100.00
79 Zinc and articles thereof 8.5 0.00 54.8-84.54
81 Other base metals; cermets; articles thereof 127.9 0.04 8.81,351.11
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 246.3 0.07 317.7-22.48
83 Miscellaneous articles of base metal 1,997.8 0.59 2,605.1-23.31
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 42,763.3 12.53 47,121.3-9.25
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 32,364.3 9.48 22,411.444.41
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 20,587.1 6.03 32,405.4-36.47
88 Aircraft, spacecraft, and parts thereof 190.7 0.06 53.4256.93
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 3,685.5 1.08 2,484.248.36
91 Clocks and watches and parts thereof 14.6 0.00 17.1-14.50
92 Musical instruments; parts and accessories of such articles 6.5 0.00 3.493.77
93 Arms and ammunition; parts and accessories thereof 28,436.6 8.33 39,282.1-27.61
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 4,437.4 1.30 2,465.779.96
95 Toys, games and sports requisites; parts and accessories thereof 2,562/td.5 0.75 3,453.1-25.79
96 Miscellaneous manufactured articles 16.7 0.00 11.052.01
97 Works of art, collectors’ pieces and antiques 523.8 0.15 439.119.28
99 Commodities not specified according to kind 15,796.5 4.63 8,941.976.66
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce