US trade (export - import) with Serbia in 2014

Published or Updated: Feb 08, 2017

The report on US foreign trade in goods with Serbia in 2014: exports, imports, balance, product types and groups, dynamics.

US Trade with Serbia

In 2014, US trade with Serbia was $436.7 million, down 36.41% ($250.0 million) from 2013.

US exports to Serbia in 2014 were $151.5 million, down 3.24% ($5.1 million) from 2013.

US imports from Serbia in 2014 were $285.3 million, down 46.20% ($245.0 million) from 2013.

US trade deficit with Serbia in 2014 was $133.8 million, a 64.19% decrease ($239.9 million) over 2013.

Serbia was the US 124th largest trading partner in 2014 (down from 114th in 2013), accounting for 0.0108% of US total trade (down from 0.0176% in 2013).

Serbia was the US 137th largest export market in 2014 (just as in 2013), accounting for 0.0094% of US total exports (down from 0.0099% in 2013).

Serbia was the US 104th largest supplier in 2014 (down from 90th in 2013), accounting for 0.0118% of US total imports (down from 0.0228% in 2013).

US Exports to Serbia

The major share of US exports to Serbia in 2014 (and in 2013) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 60.81% of US total exports to Serbia (57.12% in 2013);
  • Food products and agricultural raw materials (HS codes 01-24) - 14.74% of US total exports to Serbia (15.56% in 2013);
  • Chemical products (HS codes 28-40) - 8.28% of US total exports to Serbia (6.40% in 2013);
  • Metals and products from them (HS codes 72-83) - 1.90% of US total exports to Serbia (1.77% in 2013);
  • Wood and wood products (HS codes 44-49) - 0.85% of US total exports to Serbia (1.04% in 2013).

The largest gains in US exports to Serbia in 2014 over 2013 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $18.7 million;
  • Meat and edible meat offal (HS code 02) - an increase of $2.7 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $0.8 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $0.7 million;
  • Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations (HS code 36) - an increase of $0.5 million.

The largest declines in US exports to Serbia in 2014 over 2013 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $11.5 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $5.8 million;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $3.5 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $2.3 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) - a decrease of $2.0 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - a decrease of $1.3 million;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $0.8 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $0.6 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $0.5 million;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $0.5 million.
US exports to Serbia in 2014 by product groups
HS
code
Name of product group Value
of exports
in 2014
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2013
(USD thousand)
Change
in 2014
over 2013
(%)
01 Live animals 3.0 0.00 0.0
02 Meat and edible meat offal 10,332.6 6.82 7,599.035.97
03 Fish and crustaceans, molluscs and other aquatic invertebrates 302.9 0.20 139.2117.60
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 70.3 0.05 0.0
05 Products of animal origin, not elsewhere specified or included 250.0 0.17 155.860.49
08 Edible fruit and nuts; peel of citrus fruit or melons 1,073.2 0.71 704.052.44
10 Cereals 181.9 0.12 255.6-28.86
11 Products of the milling industry; malt; starches; inulin; wheat gluten 2.6 0.00 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 79.4 0.05 303.6-73.86
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 298.4-100.00
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 0.0 0.00 7.6-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 71.7 0.05 8.2772.44
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 112.7 0.07 0.0
17 Sugars and sugar confectionery 6.0 0.00 277.3-97.84
19 Preparations of cereals, flour, starch or milk; bakers’ wares 6.0 0.00 0.0
20 Preparations of vegetables, fruit, nuts or other parts of plants 645.9 0.43 569.713.39
21 Miscellaneous edible preparations 2,036.5 1.34 2,564.8-20.60
22 Beverages, spirits and vinegar 1,130.4 0.75 1,950.9-42.06
24 Tobacco and manufactured tobacco substitutes 6,019.3 3.97 9,523.7-36.80
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 8.5 0.01 12.7-33.40
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 112.1 0.07 200.2-43.98
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 191.0 0.13 49.3287.41
29 Organic chemicals 377.9 0.25 314.720.10
30 Pharmaceutical products 1,978.8 1.31 1,862.96.22
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 531.7 0.35 200.7164.87
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 3,096.4 2.04 2,314.333.80
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 79.3 0.05 138.9-42.88
35 Albuminoidal substances; modified starches; glues; enzymes 97.1 0.06 97.8-0.67
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 1,678.0 1.11 1,157.944.91
37 Photographic or cinematographic goods 227.5 0.15 241.8-5.93
38 Miscellaneous chemical products 1,639.6 1.08 1,227.933.52
39 Plastics and articles thereof 946.8 0.63 809.516.97
40 Rubber and articles thereof 1,689.1 1.12 1,596.35.82
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 122.3 0.08 189.2-35.37
44 Wood and articles of wood; wood charcoal 369.0 0.24 133.1177.26
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 631.0 0.42 897.3-29.67
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 289.8 0.19 590.9-50.96
52 Cotton 72.8 0.05 81.5-10.75
54 Man-made filaments 5.9 0.00 34.1-82.63
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 7.7-100.00
57 Carpets and other textile floor coverings 3.0 0.00 0.0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 8.7 0.01 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 24.6 0.02 23.06.89
60 Knitted or crocheted fabrics 41.6 0.03 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 216.0 0.14 329.5-34.45
62 Articles of apparel and clothing accessories, not knitted or crocheted 438.1 0.29 379.715.36
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 186.5 0.12 93.0100.54
64 Footwear, gaiters and the like; parts of such articles 91.5 0.06 100.4-8.86
65 Headgear and parts thereof 26.2 0.02 16.855.74
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 124.5 0.08 82.750.66
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 145.9 0.10 246.1-40.70
69 Ceramic products 72.1 0.05 143.3-49.70
70 Glass and glassware 169.3 0.11 110.752.89
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 62.8 0.04 21.8188.07
72 Iron and steel 52.4 0.03 22.5133.25
73 Articles of iron or steel 1,390.1 0.92 1,655.4-16.03
74 Copper and articles thereof 18.9 0.01 88.9-78.74
75 Nickel and articles thereof 0.0 0.00 55.9-100.00
76 Aluminum and articles thereof 242.4 0.16 432.0-43.89
80 Tin and articles thereof 12.0 0.01 0.0
81 Other base metals; cermets; articles thereof 58.6 0.04 5.9899.45
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 1,000.5 0.66 346.9188.43
83 Miscellaneous articles of base metal 107.6 0.07 163.1-34.03
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 27,289.4 18.02 38,756.5-29.59
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 10,955.2 7.23 12,945.7-15.38
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 167.2 0.11 44.0279.73
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 4,630.3 3.06 4,510.92.65
88 Aircraft, spacecraft, and parts thereof 35,702.7 23.57 16,997.1110.05
89 Ships, boats and floating structures 869.0 0.57 1,411.1-38.42
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 12,485.0 8.24 14,739.5-15.30
91 Clocks and watches and parts thereof 18.6 0.01 53.6-65.37
92 Musical instruments; parts and accessories of such articles 193.5 0.13 355.6-45.58
93 Arms and ammunition; parts and accessories thereof 179.8 0.12 1,503.6-88.04
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 606.7 0.40 599.41.21
95 Toys, games and sports requisites; parts and accessories thereof 481.6 0.32 1,106.7-56.48
96 Miscellaneous manufactured articles 177.9 0.12 138.728.24
97 Works of art, collectors’ pieces and antiques 310.1 0.20 305.71.44
99 Commodities not specified according to kind 16,424.1 10.84 22,215.4-26.07

US Imports from Serbia

The major share of US imports from Serbia in 2014 (and in 2013) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 53.09% of US total imports from Serbia (71.53% in 2013);
  • Food products and agricultural raw materials (HS codes 01-24) - 12.10% of US total imports from Serbia (6.08% in 2013);
  • Chemical products (HS codes 28-40) - 4.60% of US total imports from Serbia (2.32% in 2013);
  • Metals and products from them (HS codes 72-83) - 3.49% of US total imports from Serbia (1.70% in 2013);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.69% of US total imports from Serbia (1.54% in 2013);
  • Mineral products (HS codes 25-27) - 0.00% of US total imports from Serbia (4.06% in 2013).

The largest gains in US imports from Serbia in 2014 over 2013 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) - an increase of $22.1 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $16.0 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $9.1 million;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $1.5 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) - an increase of $1.0 million.

The largest declines in US imports from Serbia in 2014 over the 2013 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 $250.1 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $21.5 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - a decrease of $16.4 million;
  • Cereals (HS code 10) - a decrease of $7.1 million;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $1.6 million.
US imports from Serbia in 2014 by product groups
HS
code
Name of product group Value
of imports
in 2014
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2013
USD thousand)
Change
in 2014
over 2013
(%)
01 Live animals 58.8 0.02 52.412.17
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 222.0 0.08 114.993.18
07 Edible vegetables and certain roots and tubers 1,102.8 0.39 1,619.0-31.88
08 Edible fruit and nuts; peel of citrus fruit or melons 22,271.6 7.81 13,146.969.41
09 Coffee, tea, maté and spices 853.5 0.30 603.441.45
10 Cereals 2.7 0.00 7,148.1-99.96
11 Products of the milling industry; malt; starches; inulin; wheat gluten 66.1 0.02 165.9-60.17
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 21.8 0.01 43.5-49.84
13 Lac; gums, resins and other vegetable saps and extracts 9.5 0.00 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 6.7 0.00 10.7-37.42
17 Sugars and sugar confectionery 41.1 0.01 35.416.22
18 Cocoa and cocoa preparations 642.3 0.23 706.5-9.08
19 Preparations of cereals, flour, starch or milk; bakers’ wares 1,597.6 0.56 1,394.014.61
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,903.8 0.67 357.1433.12
21 Miscellaneous edible preparations 3,485.8 1.22 5,113.0-31.83
22 Beverages, spirits and vinegar 2,002.9 0.70 1,346.248.79
23 Residues and waste from the food industries; prepared animal feed 224.4 0.08 0.0
24 Tobacco and manufactured tobacco substitutes 0.0 0.00 399.6-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0.0 0.00 21,502.8-100.00
29 Organic chemicals 2,135.4 0.75 1,849.515.46
30 Pharmaceutical products 29.5 0.01 98.8-70.10
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 17.5-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 496.3 0.17 26.11,797.82
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 8.2 0.00 2.4239.63
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 876.2 0.31 410.3113.53
38 Miscellaneous chemical products 19.5 0.01 13.247.04
39 Plastics and articles thereof 4,779.0 1.68 4,561.24.77
40 Rubber and articles thereof 4,783.4 1.68 5,335.4-10.35
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 54.8 0.02 47.615.08
43 Furskins and artificial fur; manufactures thereof 9.3 0.00 0.0
44 Wood and articles of wood; wood charcoal 254.1 0.09 51.2396.53
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 13.7 0.00 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 247.1 0.09 174.441.71
52 Cotton 0.0 0.00 1.9-100.00
54 Man-made filaments 1.0 0.00 0.0
55 Man-made staple fibers 14.9 0.01 69.8-78.69
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 151.7 0.05 0.721,271.41
61 Articles of apparel and clothing accessories, knitted or crocheted 1,359.4 0.48 1,319.13.05
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,652.2 0.58 1,539.67.31
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 45.2 0.02 372.4-87.86
64 Footwear, gaiters and the like; parts of such articles 4,384.0 1.54 4,795.7-8.59
65 Headgear and parts thereof 60.9 0.02 54.112.50
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 7.8 0.00 0.0
69 Ceramic products 61.2 0.02 0.0
70 Glass and glassware 38.4 0.01 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 984.3 0.35 0.0
73 Articles of iron or steel 2,209.9 0.77 1,643.034.50
74 Copper and articles thereof 6,792.6 2.38 6,743.10.73
75 Nickel and articles thereof 251.2 0.09 0.0
76 Aluminum and articles thereof 182.1 0.06 167.68.61
78 Lead and articles thereof 131.7 0.05 0.0
81 Other base metals; cermets; articles thereof 0.0 0.00 130.0-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 343.1 0.12 238.743.73
83 Miscellaneous articles of base metal 50.0 0.02 71.0-29.58
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 15,724.8 5.51 15,374.02.28
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 46,240.9 16.21 24,130.891.63
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 13.9-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 88,807.0 31.13 338,867.0-73.79
88 Aircraft, spacecraft, and parts thereof 61.6 0.02 270.4-77.22
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 618.9 0.22 620.3-0.23
91 Clocks and watches and parts thereof 0.0 0.00 21.8-100.00
92 Musical instruments; parts and accessories of such articles 0.0 0.00 32.8-100.00
93 Arms and ammunition; parts and accessories thereof 46,005.0 16.13 62,388.5-26.26
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 738.1 0.26 690.36.93
95 Toys, games and sports requisites; parts and accessories thereof 21.0 0.01 40.9-48.69
96 Miscellaneous manufactured articles 0.0 0.00 91.7-100.00
97 Works of art, collectors’ pieces and antiques 366.7 0.13 492.7-25.58
99 Commodities not specified according to kind 19,757.1 6.93 3,725.6430.31
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce