US trade with Serbia in the 2nd quarter of 2017

Published or Updated: Sep 12, 2017

The report on US foreign trade in goods with Serbia in the 2nd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Serbia

In the 2nd quarter of 2017, US trade with Serbia totaled $124.9 million, up 3.44% ($4.2 million) from the 2nd quarter of 2016.

US exports to Serbia in the 2nd quarter of 2017 were $39.5 million, down 7.47% ($3.2 million) from the 2nd quarter of 2016.

US imports from Serbia in the 2nd quarter of 2017 totaled $85.4 million, up 9.43% ($7.4 million) from the 2nd quarter of 2016.

US trade deficit with Serbia in the 2nd quarter of 2017 was $45.8 million, a 29.90% increase ($10.5 million) over the 2nd quarter of 2016.

Serbia was the US 115th largest trading partner in the 2nd quarter of 2017 (down from 112th in the 2nd quarter of 2016), accounting for 0.0127% of US total trade (down from 0.0130% in the 2nd quarter of 2016).

Serbia was the US 130th largest export market in the 2nd quarter of 2017 (down from 125th in the 2nd quarter of 2016), accounting for 0.0103% of US total exports (down from 0.0118% in the 2nd quarter of 2016).

Serbia was the US 98th largest supplier in the 2nd quarter of 2017 (up from 99th in the 2nd quarter of 2016), accounting for 0.0142% of US total imports (up from 0.0139% in the 2nd quarter of 2016).

US Exports to Serbia

The major share of US exports to Serbia in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 54.74% of US total exports to Serbia (65.27% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 12.53% of US total exports to Serbia (8.38% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 10.60% of US total exports to Serbia (6.87% in the 2nd quarter of 2016);
  • Mineral products (HS codes 25-27) - 2.74% of US total exports to Serbia (0.19% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.40% of US total exports to Serbia (0.63% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.26% of US total exports to Serbia (1.01% in the 2nd quarter of 2016).

The largest gains in US exports to Serbia in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $3.1 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $2.1 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 $2.0 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $1.0 million;
  • Pharmaceutical products (HS code 30) - an increase of $0.9 million;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $0.7 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $0.6 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $0.3 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $0.3 million;
  • Organic chemicals (HS code 29) - an increase of $0.2 million;
  • Rubber and articles thereof (HS code 40) - an increase of $0.2 million;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $0.1 million;
  • Miscellaneous edible preparations (HS code 21) - an increase of $0.1 million.

The largest declines in US exports to Serbia in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $9.2 million;
  • Meat and edible meat offal (HS code 02) - a decrease of $2.1 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $0.8 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $0.8 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $0.4 million;
  • Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations (HS code 36) - a decrease of $0.2 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $0.2 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $0.2 million.
US exports to Serbia in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q2 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
02 Meat and edible meat offal 249.5 0.63 2,334.4-89.31
03 Fish and crustaceans, molluscs and other aquatic invertebrates 74.7 0.19 0.0
05 Products of animal origin, not elsewhere specified or included 58.4 0.15 133.8-56.31
07 Edible vegetables and certain roots and tubers 7.3 0.02 3.988.42
10 Cereals 65.0 0.16 46.240.65
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 12.9 0.03 20.9-38.32
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 11.5 0.03 0.0
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 52.4 0.13 0.0
18 Cocoa and cocoa preparations 0.0 0.00 84.6-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 96.0 0.24 181.3-47.02
21 Miscellaneous edible preparations 442.4 1.12 321.937.45
22 Beverages, spirits and vinegar 344.1 0.87 0.0
24 Tobacco and manufactured tobacco substitutes 3,539.7 8.95 453.2681.13
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 11.7 0.03 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,070.9 2.71 80.11,236.54
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 123.2 0.31 2.54,777.25
29 Organic chemicals 472.0 1.19 229.7105.45
30 Pharmaceutical products 1,372.1 3.47 426.6221.63
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 924.6 2.34 205.8349.19
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 428.1 1.08 597.4-28.34
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 31.6 0.08 124.2-74.58
35 Albuminoidal substances; modified starches; glues; enzymes 28.9 0.07 42.4-31.94
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0.0 0.00 246.9-100.00
37 Photographic or cinematographic goods 20.4 0.05 48.5-57.95
38 Miscellaneous chemical products 226.5 0.57 178.626.80
39 Plastics and articles thereof 209.9 0.53 630.4-66.71
40 Rubber and articles thereof 355.4 0.90 204.373.98
41 Raw hides and skins (other than furskins) and leather 20.2 0.05 3.0578.62
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 91.1 0.23 29.5209.38
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 15.5 0.04 12.920.19
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 43.0 0.11 19.9115.59
52 Cotton 38.9 0.10 19.1103.07
54 Man-made filaments 85.3 0.22 0.0
55 Man-made staple fibers 110.0 0.28 84.030.96
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 6.2 0.02 51.4-87.99
57 Carpets and other textile floor coverings 0.0 0.00 2.8-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 51.1 0.13 45.911.35
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.0 0.00 8.8-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 4.1 0.01 13.3-69.44
62 Articles of apparel and clothing accessories, not knitted or crocheted 72.8 0.18 159.6-54.40
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 24.1 0.06 20.318.61
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 2.8 0.01 0.0
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 103.5 0.26 26.0297.78
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 7.3 0.02 22.9-67.95
69 Ceramic products 32.7 0.08 5.2525.56
70 Glass and glassware 6.5 0.02 11.3-42.83
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 28.2 0.07 14.0101.49
73 Articles of iron or steel 163.2 0.41 155.25.15
76 Aluminum and articles thereof 663.0 1.68 38.11,638.62
81 Other base metals; cermets; articles thereof 8.8 0.02 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 46.4 0.12 49.1-5.54
83 Miscellaneous articles of base metal 69.3 0.18 25.7169.75
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 8,378.1 21.18 6,274.233.53
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 5,928.5 14.99 3,879.352.83
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 0.0 0.00 7.8-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,215.5 3.07 2,062.8-41.07
88 Aircraft, spacecraft, and parts thereof 3,157.7 7.98 12,372.5-74.48
89 Ships, boats and floating structures 41.0 0.10 154.4-73.46
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,928.2 7.40 3,148.5-7.00
92 Musical instruments; parts and accessories of such articles 36.9 0.09 59.8-38.29
93 Arms and ammunition; parts and accessories thereof 411.9 1.04 148.2177.92
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 27.9 0.07 9.3200.33
95 Toys, games and sports requisites; parts and accessories thereof 108.4 0.27 869.4-87.53
96 Miscellaneous manufactured articles 40.0 0.10 59.3-32.49
97 Works of art, collectors’ pieces and antiques 5.0 0.01 3.066.67

US Imports from Serbia

The major share of US imports from Serbia in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Metals and products from them (HS codes 72-83) - 29.91% of US total imports from Serbia (4.52% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 26.86% of US total imports from Serbia (44.98% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 12.30% of US total imports from Serbia (9.97% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 11.62% of US total imports from Serbia (11.08% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 3.53% of US total imports from Serbia (2.84% in the 2nd quarter of 2016);
  • Precious metals and stones (HS code 71) - 0.34% of US total imports from Serbia (1.37% in the 2nd quarter of 2016).

The largest gains in US imports from Serbia in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Iron and steel (HS code 72) - an increase of $16.5 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $4.0 million;
  • Lead and articles thereof (HS code 78) - an increase of $3.6 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $2.6 million;
  • Plastics and articles thereof (HS code 39) - an increase of $1.5 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $1.3 million;
  • Rubber and articles thereof (HS code 40) - an increase of $1.1 million;
  • Copper and articles thereof (HS code 74) - an increase of $1.1 million;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $0.7 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $0.4 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $0.4 million;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $0.3 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $0.3 million.

The largest declines in US imports from Serbia in the 2nd quarter of 2017 over the 2nd quarter of 2016 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 $19.2 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - a decrease of $1.9 million;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $0.8 million;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $0.4 million.
US imports from Serbia in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q2 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
01 Live animals 33.7 0.04 13.2154.34
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 60.3 0.07 70.6-14.56
07 Edible vegetables and certain roots and tubers 127.7 0.15 174.4-26.78
08 Edible fruit and nuts; peel of citrus fruit or melons 6,011.3 7.04 4,716.227.46
09 Coffee, tea, maté and spices 276.9 0.32 265.04.52
10 Cereals 12.8 0.01 0.0
11 Products of the milling industry; malt; starches; inulin; wheat gluten 20.1 0.02 5.9239.85
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 33.1 0.04 14.7125.29
13 Lac; gums, resins and other vegetable saps and extracts 7.0 0.01 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 4.0 0.00 6.5-38.19
17 Sugars and sugar confectionery 5.7 0.01 6.1-6.67
18 Cocoa and cocoa preparations 221.8 0.26 188.517.67
19 Preparations of cereals, flour, starch or milk; bakers’ wares 524.6 0.61 421.424.49
20 Preparations of vegetables, fruit, nuts or other parts of plants 343.2 0.40 576.2-40.45
21 Miscellaneous edible preparations 1,353.0 1.58 1,756.0-22.95
22 Beverages, spirits and vinegar 576.0 0.67 428.934.30
24 Tobacco and manufactured tobacco substitutes 311.6 0.36 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 36.7 0.04 0.0
26 Ores, slag and ash 31.8 0.04 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 53.1 0.06 20.4159.94
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 212.9 0.25 0.0
35 Albuminoidal substances; modified starches; glues; enzymes 92.0 0.11 95.2-3.31
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 245.5 0.29 379.2-35.27
38 Miscellaneous chemical products 16.8 0.02 0.0
39 Plastics and articles thereof 2,847.2 3.34 1,332.3113.72
40 Rubber and articles thereof 7,033.2 8.24 5,953.618.13
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 3.0 0.00 13.5-77.63
43 Furskins and artificial fur; manufactures thereof 5.6 0.01 4.621.31
44 Wood and articles of wood; wood charcoal 93.8 0.11 23.6296.71
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 27.1 0.03 28.2-4.02
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 90.1 0.11 46.792.79
55 Man-made staple fibers 0.0 0.00 2.6-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 27.7-100.00
57 Carpets and other textile floor coverings 0.3 0.00 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 8.4 0.01 0.42,143.47
61 Articles of apparel and clothing accessories, knitted or crocheted 333.4 0.39 39.1752.24
62 Articles of apparel and clothing accessories, not knitted or crocheted 126.2 0.15 181.1-30.33
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 573.3 0.67 408.440.38
64 Footwear, gaiters and the like; parts of such articles 1,973.1 2.31 1,555.426.86
65 Headgear and parts thereof 0.0 0.00 0.5-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 48.2 0.06 0.0
69 Ceramic products 28.8 0.03 18.555.90
70 Glass and glassware 936.7 1.10 691.135.54
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 289.4 0.34 1,068.6-72.92
72 Iron and steel 16,506.1 19.33 0.0
73 Articles of iron or steel 1,995.8 2.34 1,852.07.76
74 Copper and articles thereof 2,477.2 2.90 1,415.275.05
75 Nickel and articles thereof 0.0 0.00 5.0-100.00
76 Aluminum and articles thereof 134.6 0.16 106.326.62
78 Lead and articles thereof 3,550.4 4.16 0.0
79 Zinc and articles thereof 10.3 0.01 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 117.7 0.14 121.1-2.87
83 Miscellaneous articles of base metal 744.8 0.87 23.03,132.74
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 10,144.3 11.88 7,579.233.84
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 4,609.4 5.40 23,785.4-80.62
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 7,322.2 8.58 3,324.7120.24
88 Aircraft, spacecraft, and parts thereof 5.1 0.01 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 850.4 1.00 406.2109.37
91 Clocks and watches and parts thereof 0.0 0.00 17.8-100.00
93 Arms and ammunition; parts and accessories thereof 8,705.5 10.20 10,621.6-18.04
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 769.2 0.90 950.2-19.05
95 Toys, games and sports requisites; parts and accessories thereof 231.1 0.27 283.4-18.46
97 Works of art, collectors’ pieces and antiques 110.0 0.13 97.313.13
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce