US trade with Serbia in the first half of 2017

Published or Updated: Oct 22, 2017

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

US Trade with Serbia

In the first half of 2017, US trade with Serbia totaled $232.6 million, up 5.28% ($11.7 million) from the first half of 2016.

US exports to Serbia in the first half of 2017 were $69.2 million, down 7.16% ($5.3 million) from the first half of 2016.

US imports from Serbia in the first half of 2017 totaled $163.5 million, up 11.61% ($17.0 million) from the first half of 2016.

US trade deficit with Serbia in the first half of 2017 was $94.3 million, a 31.06% increase ($22.3 million) over the first half of 2016.

Serbia was the US 117th largest trading partner in the first half of 2017 (down from 109th in the first half of 2016), accounting for 0.0121% of US total trade (down from 0.0123% in the first half of 2016).

Serbia was the US 129th largest export market in the first half of 2017 (down from 126th in the first half of 2016), accounting for 0.0091% of US total exports (down from 0.0105% in the first half of 2016).

Serbia was the US 98th largest supplier in the first half of 2017 (up from 99th in the first half of 2016), accounting for 0.0140% of US total imports (up from 0.0134% in the first half of 2016).

US Exports to Serbia

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 50.24% of US total exports to Serbia (56.40% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 18.15% of US total exports to Serbia (18.54% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 9.05% of US total exports to Serbia (6.15% in the first half of 2016);
  • Metals and products from them (HS codes 72-83) - 2.42% of US total exports to Serbia (0.88% in the first half of 2016);
  • Mineral products (HS codes 25-27) - 1.67% of US total exports to Serbia (0.21% in the first half of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.14% of US total exports to Serbia (0.91% in the first half of 2016).

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

  • Tobacco and manufactured tobacco substitutes (HS code 24) - an increase of $2.1 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $1.8 million;
  • Pharmaceutical products (HS code 30) - an increase of $1.4 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 $1.3 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $1.0 million;
  • Aluminum and articles thereof (HS code 76) - 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;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $0.3 million;
  • Organic chemicals (HS code 29) - an increase of $0.3 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $0.2 million.

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

  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $8.5 million;
  • Meat and edible meat offal (HS code 02) - a decrease of $3.6 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $0.9 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $0.9 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $0.7 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $0.6 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $0.5 million.
US exports to Serbia in the first half of 2017 by product groups
HS
code
Name of product group Value
of exports
in first-half 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
01 Live animals 0.0 0.00 2.7-100.00
02 Meat and edible meat offal 1,170.6 1.69 4,780.6-75.51
03 Fish and crustaceans, molluscs and other aquatic invertebrates 104.7 0.15 34.0207.70
05 Products of animal origin, not elsewhere specified or included 74.1 0.11 133.8-44.61
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0.0 0.00 48.3-100.00
07 Edible vegetables and certain roots and tubers 7.3 0.01 3.988.42
08 Edible fruit and nuts; peel of citrus fruit or melons 129.6 0.19 0.0
10 Cereals 174.7 0.25 117.548.73
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 44.8 0.06 25.178.29
13 Lac; gums, resins and other vegetable saps and extracts 23.2 0.03 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 14.9 0.02 10.147.62
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 52.4 0.08 46.512.70
18 Cocoa and cocoa preparations 0.0 0.00 84.6-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 235.8 0.34 440.0-46.41
21 Miscellaneous edible preparations 771.9 1.12 665.815.94
22 Beverages, spirits and vinegar 674.3 0.97 464.845.07
23 Residues and waste from the food industries; prepared animal feed 2.5 0.00 0.0
24 Tobacco and manufactured tobacco substitutes 9,078.2 13.12 6,960.730.42
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 20.7 0.03 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,134.4 1.64 155.0631.91
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 131.0 0.19 6.71,854.83
29 Organic chemicals 592.5 0.86 303.195.50
30 Pharmaceutical products 2,077.8 3.00 635.0227.22
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 941.1 1.36 227.9313.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 528.4 0.76 1,174.4-55.01
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 74.4 0.11 127.2-41.51
35 Albuminoidal substances; modified starches; glues; enzymes 28.9 0.04 60.7-52.44
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 377.7 0.55 246.953.00
37 Photographic or cinematographic goods 20.4 0.03 48.5-57.95
38 Miscellaneous chemical products 608.9 0.88 440.238.34
39 Plastics and articles thereof 385.4 0.56 888.3-56.62
40 Rubber and articles thereof 492.5 0.71 427.115.32
41 Raw hides and skins (other than furskins) and leather 20.2 0.03 3.0578.62
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 120.5 0.17 29.5308.97
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 104.2 0.15 98.85.55
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 53.9 0.08 52.62.57
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0.0 0.00 2.8-100.00
52 Cotton 72.2 0.10 38.289.02
54 Man-made filaments 168.3 0.24 0.0
55 Man-made staple fibers 110.0 0.16 84.030.96
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 41.9 0.06 51.4-18.58
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 85.0 0.12 108.3-21.52
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.0 0.00 44.9-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 28.9 0.04 47.7-39.35
62 Articles of apparel and clothing accessories, not knitted or crocheted 88.8 0.13 168.4-47.29
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 41.7 0.06 48.5-14.06
64 Footwear, gaiters and the like; parts of such articles 4.2 0.01 12.8-67.26
65 Headgear and parts thereof 28.4 0.04 0.0
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 2.8 0.00 0.0
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 117.4 0.17 67.374.48
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 29.2 0.04 34.7-15.71
69 Ceramic products 35.3 0.05 20.175.78
70 Glass and glassware 21.1 0.03 26.7-20.97
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 37.0 0.05 22.862.44
73 Articles of iron or steel 367.9 0.53 382.3-3.76
74 Copper and articles thereof 0.0 0.00 4.8-100.00
75 Nickel and articles thereof 37.0 0.05 53.8-31.29
76 Aluminum and articles thereof 983.5 1.42 68.51,336.50
81 Other base metals; cermets; articles thereof 23.3 0.03 2.9694.40
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 159.8 0.23 101.857.09
83 Miscellaneous articles of base metal 100.9 0.15 41.9140.74
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 13,176.8 19.05 11,390.115.69
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 8,470.1 12.24 7,210.617.47
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 120.3 0.17 7.81,444.09
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,260.4 3.27 3,160.9-28.49
88 Aircraft, spacecraft, and parts thereof 5,322.6 7.69 13,852.7-61.58
89 Ships, boats and floating structures 84.4 0.12 229.6-63.22
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 5,324.0 7.70 6,177.6-13.82
92 Musical instruments; parts and accessories of such articles 83.1 0.12 97.6-14.83
93 Arms and ammunition; parts and accessories thereof 593.0 0.86 253.2134.24
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 65.2 0.09 65.8-0.85
95 Toys, games and sports requisites; parts and accessories thereof 222.1 0.32 898.2-75.27
96 Miscellaneous manufactured articles 87.0 0.13 191.2-54.49
97 Works of art, collectors’ pieces and antiques 8.0 0.01 3.0166.67

US Imports from Serbia

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 32.19% of US total imports from Serbia (42.84% in the first half of 2016);
  • Metals and products from them (HS codes 72-83) - 21.05% of US total imports from Serbia (3.94% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 12.58% of US total imports from Serbia (11.10% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 10.79% of US total imports from Serbia (13.94% in the first half of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 3.83% of US total imports from Serbia (3.15% in the first half of 2016);
  • Precious metals and stones (HS code 71) - 0.55% of US total imports from Serbia (1.59% in the first half of 2016).

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

  • Iron and steel (HS code 72) - an increase of $21.0 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $9.6 million;
  • Lead and articles thereof (HS code 78) - an increase of $3.6 million;
  • Rubber and articles thereof (HS code 40) - an increase of $2.5 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $2.4 million;
  • Plastics and articles thereof (HS code 39) - an increase of $1.9 million;
  • Copper and articles thereof (HS code 74) - an increase of $1.9 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $1.4 million;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $1.2 million;
  • Articles of iron or steel (HS code 73) - an increase of $1.0 million;
  • Glass and glassware (HS code 70) - an increase of $1.0 million.

The largest declines in US imports from Serbia in the first half of 2017 over the first half 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 $22.6 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $2.3 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 $1.4 million;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $0.6 million.
US imports from Serbia in the first half of 2017 by product groups
HS
code
Name of product group Value
of imports
in first-half 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
01 Live animals 62.9 0.04 20.9201.88
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 91.5 0.06 105.2-13.04
07 Edible vegetables and certain roots and tubers 341.8 0.21 556.7-38.60
08 Edible fruit and nuts; peel of citrus fruit or melons 10,707.5 6.55 13,043.7-17.91
09 Coffee, tea, maté and spices 381.5 0.23 363.94.83
10 Cereals 12.8 0.01 80.2-84.10
11 Products of the milling industry; malt; starches; inulin; wheat gluten 33.6 0.02 12.3172.94
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 90.1 0.06 30.5195.50
13 Lac; gums, resins and other vegetable saps and extracts 7.0 0.00 18.8-62.90
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 7.0 0.00 10.4-32.83
17 Sugars and sugar confectionery 11.8 0.01 15.6-24.30
18 Cocoa and cocoa preparations 314.6 0.19 344.3-8.62
19 Preparations of cereals, flour, starch or milk; bakers’ wares 909.0 0.56 743.222.30
20 Preparations of vegetables, fruit, nuts or other parts of plants 584.0 0.36 1,143.3-48.92
21 Miscellaneous edible preparations 2,710.1 1.66 3,100.6-12.59
22 Beverages, spirits and vinegar 1,060.0 0.65 822.528.88
24 Tobacco and manufactured tobacco substitutes 311.6 0.19 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 42.1 0.03 0.0
26 Ores, slag and ash 31.8 0.02 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 141.1-100.00
29 Organic chemicals 0.0 0.00 5.3-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 65.0 0.04 50.429.03
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 326.6 0.20 7.64,205.37
35 Albuminoidal substances; modified starches; glues; enzymes 184.0 0.11 287.5-35.99
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 622.8 0.38 756.6-17.68
38 Miscellaneous chemical products 16.8 0.01 0.0
39 Plastics and articles thereof 5,353.5 3.28 3,463.654.57
40 Rubber and articles thereof 13,993.5 8.56 11,538.821.27
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 20.6 0.01 19.84.24
43 Furskins and artificial fur; manufactures thereof 12.5 0.01 4.6168.98
44 Wood and articles of wood; wood charcoal 205.3 0.13 90.5126.93
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 68.4 0.04 39.274.39
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 128.8 0.08 55.8130.93
52 Cotton 0.7 0.00 0.0
55 Man-made staple fibers 0.0 0.00 4.4-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.4 0.00 27.7-98.61
57 Carpets and other textile floor coverings 2.0 0.00 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 8.9 0.01 0.71,138.00
61 Articles of apparel and clothing accessories, knitted or crocheted 619.5 0.38 303.4104.15
62 Articles of apparel and clothing accessories, not knitted or crocheted 371.7 0.23 612.5-39.32
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 875.5 0.54 714.422.54
64 Footwear, gaiters and the like; parts of such articles 4,377.3 2.68 2,950.748.35
65 Headgear and parts thereof 0.0 0.00 0.5-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 62.2 0.04 9.5555.05
69 Ceramic products 35.2 0.02 33.06.68
70 Glass and glassware 2,653.7 1.62 1,658.160.04
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 904.8 0.55 2,322.2-61.04
72 Iron and steel 21,035.7 12.87 7.7274,625.32
73 Articles of iron or steel 4,056.3 2.48 3,051.032.95
74 Copper and articles thereof 4,146.0 2.54 2,283.081.60
75 Nickel and articles thereof 0.0 0.00 8.0-100.00
76 Aluminum and articles thereof 198.8 0.12 202.3-1.71
78 Lead and articles thereof 3,550.4 2.17 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 156.2 0.10 193.0-19.08
83 Miscellaneous articles of base metal 1,252.5 0.77 27.04,532.57
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 18,185.8 11.13 15,826.414.91
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 13,248.9 8.11 35,839.7-63.03
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 19,936.7 12.20 10,344.792.72
88 Aircraft, spacecraft, and parts thereof 24.9 0.02 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,223.0 0.75 736.166.15
91 Clocks and watches and parts thereof 0.0 0.00 20.4-100.00
92 Musical instruments; parts and accessories of such articles 0.0 0.00 13.5-100.00
93 Arms and ammunition; parts and accessories thereof 21,096.5 12.91 20,973.20.59
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 1,441.7 0.88 1,295.211.31
95 Toys, games and sports requisites; parts and accessories thereof 355.9 0.22 458.6-22.38
96 Miscellaneous manufactured articles 11.0 0.01 5.888.51
97 Works of art, collectors’ pieces and antiques 169.1 0.10 136.324.00
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce