US trade with Serbia in the 4th quarter of 2017

Published or Updated: May 21, 2018

The report on US foreign trade in goods with Serbia in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Serbia

In the 4th quarter of 2017, US trade with Serbia was $125.3 million, down 0.31% ($0.4 million) from the 4th quarter of 2016.

US exports to Serbia in the 4th quarter of 2017 were $40.5 million, down 8.98% ($4.0 million) from the 4th quarter of 2016.

US imports from Serbia in the 4th quarter of 2017 totaled $84.8 million, up 4.44% ($3.6 million) from the 4th quarter of 2016.

US trade deficit with Serbia in the 4th quarter of 2017 was $44.3 million, a 20.71% increase ($7.6 million) over the 4th quarter of 2016.

Serbia was the US 120th largest trading partner in the 4th quarter of 2017 (down from 113th in the 4th quarter of 2016), accounting for 0.0120% of US total trade (down from 0.0131% in the 4th quarter of 2016).

Serbia was the US 130th largest export market in the 4th quarter of 2017 (down from 128th in the 4th quarter of 2016), accounting for 0.0099% of US total exports (down from 0.0117% in the 4th quarter of 2016).

Serbia was the US 103rd largest supplier in the 4th quarter of 2017 (down from 97th in the 4th quarter of 2016), accounting for 0.0133% of US total imports (down from 0.0139% in the 4th quarter of 2016).

US Exports to Serbia

The major share of US exports to Serbia in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 66.40% of US total exports to Serbia (56.86% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 9.67% of US total exports to Serbia (21.65% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 5.27% of US total exports to Serbia (6.44% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.98% of US total exports to Serbia (1.69% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.36% of US total exports to Serbia (0.92% in the 4th quarter of 2016).

The largest gains in US exports to Serbia in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $5.6 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $4.6 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $0.8 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 $0.7 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $0.5 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $0.4 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $0.2 million;
  • Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) (HS code 42) - an increase of $0.1 million.

The largest declines in US exports to Serbia in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $9.4 million;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $3.5 million;
  • Meat and edible meat offal (HS code 02) - a decrease of $1.6 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $1.0 million;
  • Pharmaceutical products (HS code 30) - a decrease of $0.6 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $0.4 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $0.2 million;
  • Miscellaneous articles of base metal (HS code 83) - a decrease of $0.2 million;
  • Rubber and articles thereof (HS code 40) - a decrease of $0.2 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $0.1 million.
US exports to Serbia in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
02 Meat and edible meat offal 767.8 1.90 2,384.8-67.80
03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.0 0.00 25.2-100.00
05 Products of animal origin, not elsewhere specified or included 67.6 0.17 59.713.28
07 Edible vegetables and certain roots and tubers 0.0 0.00 7.2-100.00
08 Edible fruit and nuts; peel of citrus fruit or melons 129.6 0.32 1,108.8-88.31
10 Cereals 70.6 0.17 57.822.18
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 86.5 0.21 77.711.22
13 Lac; gums, resins and other vegetable saps and extracts 23.2 0.06 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 13.0 0.03 9.635.00
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 0.0 0.00 19.1-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 138.6 0.34 155.6-10.90
21 Miscellaneous edible preparations 383.5 0.95 419.6-8.61
22 Beverages, spirits and vinegar 978.7 2.42 556.775.80
23 Residues and waste from the food industries; prepared animal feed 0.0 0.00 3.3-100.00
24 Tobacco and manufactured tobacco substitutes 1,255.3 3.10 4,745.8-73.55
26 Ores, slag and ash 44.5 0.11 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 74.5 0.18 59.724.82
29 Organic chemicals 165.2 0.41 78.7109.99
30 Pharmaceutical products 354.0 0.87 944.7-62.53
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 51.1 0.13 16.7205.87
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 489.8 1.21 497.8-1.61
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 26.5 0.07 3.0784.73
35 Albuminoidal substances; modified starches; glues; enzymes 129.9 0.32 76.170.74
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 221.2 0.55 236.9-6.60
37 Photographic or cinematographic goods 4.1 0.01 112.0-96.34
38 Miscellaneous chemical products 251.4 0.62 255.3-1.53
39 Plastics and articles thereof 313.1 0.77 351.9-11.03
40 Rubber and articles thereof 129.9 0.32 294.4-55.88
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 162.3 0.40 21.0674.25
44 Wood and articles of wood; wood charcoal 3.5 0.01 2.921.78
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2.5 0.01 10.5-75.84
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 35.8 0.09 5.2592.07
52 Cotton 19.6 0.05 19.12.88
54 Man-made filaments 3.3 0.01 13.0-74.65
55 Man-made staple fibers 12.6 0.03 0.0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 36.8 0.09 7.8372.83
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 37.0 0.09 2.81,242.65
61 Articles of apparel and clothing accessories, knitted or crocheted 130.6 0.32 166.1-21.36
62 Articles of apparel and clothing accessories, not knitted or crocheted 43.5 0.11 46.1-5.49
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 152.7 0.38 36.7315.73
64 Footwear, gaiters and the like; parts of such articles 31.3 0.08 7.8301.49
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 82.9 0.20 111.1-25.40
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 63.2 0.16 12.4408.67
69 Ceramic products 29.0 0.07 26.310.32
70 Glass and glassware 15.6 0.04 15.9-1.59
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 10.5 0.03 12.4-15.47
72 Iron and steel 13.5 0.03 0.0
73 Articles of iron or steel 137.4 0.34 151.1-9.06
74 Copper and articles thereof 41.8 0.10 0.0
75 Nickel and articles thereof 10.4 0.03 4.4138.63
76 Aluminum and articles thereof 856.0 2.11 36.82,227.07
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 79.3 0.20 324.8-75.59
83 Miscellaneous articles of base metal 67.6 0.17 234.9-71.20
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 10,036.3 24.78 4,390.4128.59
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 3,717.2 9.18 3,005.723.67
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 14.6-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 943.3 2.33 790.319.35
88 Aircraft, spacecraft, and parts thereof 4,307.7 10.64 13,722.1-68.61
89 Ships, boats and floating structures 5.8 0.01 143.3-95.98
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 7,880.5 19.46 3,232.3143.80
92 Musical instruments; parts and accessories of such articles 54.6 0.13 49.610.14
93 Arms and ammunition; parts and accessories thereof 1,081.3 2.67 607.777.94
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 11.3 0.03 3.0276.47
95 Toys, games and sports requisites; parts and accessories thereof 105.6 0.26 147.4-28.32
96 Miscellaneous manufactured articles 34.4 0.08 49.4-30.26
97 Works of art, collectors’ pieces and antiques 4.2 0.01 6.0-30.85
99 Commodities not specified according to kind 4,067.1 10.04 4,506.0-9.74

US Imports from Serbia

The major share of US imports from Serbia in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 38.82% of US total imports from Serbia (37.00% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 18.10% of US total imports from Serbia (14.61% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 15.92% of US total imports from Serbia (13.03% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 4.73% of US total imports from Serbia (3.97% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 3.46% of US total imports from Serbia (2.64% in the 4th quarter of 2016);
  • Precious metals and stones (HS code 71) - 0.31% of US total imports from Serbia (1.46% in the 4th quarter of 2016).

The largest gains in US imports from Serbia in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $6.3 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $3.3 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $3.1 million;
  • Rubber and articles thereof (HS code 40) - an increase of $2.5 million;
  • Organic chemicals (HS code 29) - an increase of $1.0 million;
  • Miscellaneous edible preparations (HS code 21) - an increase of $0.6 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $0.6 million;
  • Copper and articles thereof (HS code 74) - an increase of $0.4 million;
  • Glass and glassware (HS code 70) - an increase of $0.3 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $0.3 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $0.3 million;
  • Iron and steel (HS code 72) - an increase of $0.3 million;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $0.3 million.

The largest declines in US imports from Serbia in the 4th quarter of 2017 over the 4th 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 $7.3 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - a decrease of $3.4 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $2.8 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 $0.9 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $0.8 million;
  • Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations (HS code 36) - a decrease of $0.5 million.
US imports from Serbia in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 20.6 0.02 23.4-11.96
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 45.9 0.05 18.0154.80
07 Edible vegetables and certain roots and tubers 337.7 0.40 303.711.21
08 Edible fruit and nuts; peel of citrus fruit or melons 11,527.4 13.60 8,411.537.04
09 Coffee, tea, maté and spices 165.6 0.20 236.1-29.83
11 Products of the milling industry; malt; starches; inulin; wheat gluten 2.5 0.00 10.1-75.18
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 42.7 0.05 60.3-29.13
13 Lac; gums, resins and other vegetable saps and extracts 12.0 0.01 8.344.04
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 3.1-100.00
17 Sugars and sugar confectionery 10.7 0.01 11.3-5.63
18 Cocoa and cocoa preparations 205.4 0.24 186.010.45
19 Preparations of cereals, flour, starch or milk; bakers’ wares 499.1 0.59 432.615.37
20 Preparations of vegetables, fruit, nuts or other parts of plants 441.5 0.52 578.1-23.62
21 Miscellaneous edible preparations 1,569.6 1.85 978.560.41
22 Beverages, spirits and vinegar 460.5 0.54 600.0-23.25
24 Tobacco and manufactured tobacco substitutes 8.5 0.01 0.0
26 Ores, slag and ash 10.9 0.01 0.0
29 Organic chemicals 1,014.1 1.20 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 5.3 0.01 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 12.1 0.01 4.1191.78
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 367.2 0.43 337.58.78
35 Albuminoidal substances; modified starches; glues; enzymes 178.0 0.21 77.5129.65
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 235.0 0.28 758.5-69.02
38 Miscellaneous chemical products 0.0 0.00 7.5-100.00
39 Plastics and articles thereof 2,155.2 2.54 2,360.0-8.68
40 Rubber and articles thereof 9,530.7 11.24 7,031.235.55
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.3 0.00 7.9-96.30
43 Furskins and artificial fur; manufactures thereof 5.2 0.01 1.5244.23
44 Wood and articles of wood; wood charcoal 294.2 0.35 35.7724.22
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 37.8 0.04 11.6225.19
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 93.1 0.11 40.9127.73
55 Man-made staple fibers 0.0 0.00 1.5-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 42.6-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 9.8 0.01 0.33,052.90
61 Articles of apparel and clothing accessories, knitted or crocheted 701.4 0.83 447.956.60
62 Articles of apparel and clothing accessories, not knitted or crocheted 227.6 0.27 178.127.82
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 528.7 0.62 237.2122.93
64 Footwear, gaiters and the like; parts of such articles 1,464.8 1.73 1,233.318.77
65 Headgear and parts thereof 0.3 0.00 0.4-15.54
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 2.5 0.00 0.0
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 1.8 0.00 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 32.6 0.04 0.0
69 Ceramic products 48.0 0.06 0.0
70 Glass and glassware 1,532.3 1.81 1,240.423.53
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 259.0 0.31 1,188.7-78.21
72 Iron and steel 255.4 0.30 0.0
73 Articles of iron or steel 1,030.4 1.22 1,277.9-19.37
74 Copper and articles thereof 1,887.7 2.23 1,473.728.09
75 Nickel and articles thereof 6.8 0.01 10.9-37.94
76 Aluminum and articles thereof 49.9 0.06 33.250.64
79 Zinc and articles thereof 44.4 0.05 0.0
81 Other base metals; cermets; articles thereof 8.8 0.01 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 76.9 0.09 25.9196.82
83 Miscellaneous articles of base metal 652.8 0.77 397.464.26
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 16,794.7 19.81 10,497.159.99
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 4,195.6 4.95 11,465.6-63.41
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 11,106.3 13.10 7,834.541.76
88 Aircraft, spacecraft, and parts thereof 6.8 0.01 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 808.0 0.95 236.9241.14
92 Musical instruments; parts and accessories of such articles 3.4 0.00 0.0
93 Arms and ammunition; parts and accessories thereof 10,410.7 12.28 13,775.9-24.43
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 622.3 0.73 593.54.84
95 Toys, games and sports requisites; parts and accessories thereof 837.4 0.99 1,593.2-47.44
96 Miscellaneous manufactured articles 0.0 0.00 2.2-100.00
97 Works of art, collectors’ pieces and antiques 66.9 0.08 228.5-70.71
99 Commodities not specified according to kind 1,819.6 2.15 4,628.5-60.69
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce