Serbia: Goods exports (current US$, BoP)

Key figures

What the numbers say

In 2025, Serbia's goods exports (current US$, BoP) rose 13.8% on 2024 (from US$32.22 billion to US$36.67 billion).

Across the 17 yearly changes before that (2008 to 2024), the average change was +9.5% and a typical year strayed about 14.9% from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 34.8% in 2021 and the biggest yearly fall was 23.2% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$2.51 billion a year. A straight line explains 95% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Serbia had the 64th highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Serbia in the 2025 ranking

• Belarus — 61st of 136: US$40.45 billion
• Ukraine — 62nd of 136: US$38.01 billion
• Ecuador — 63rd of 136: US$37.42 billion
• Congo, Dem. Rep. — 65th of 136: US$35.87 billion
• Luxembourg — 66th of 136: US$32.91 billion
• Pakistan — 67th of 136: US$31.53 billion

What this measures

Exports of goods occur when there are changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 19 values

Goods exports (current US$, BoP) in nearby economies

• Albania — US$1.76 billion (2025)
• Armenia — US$8.44 billion (2025)
• Austria — US$213.92 billion (2025)
• Azerbaijan — US$24.07 billion (2025)
• Belarus — US$40.45 billion (2025)
• Belgium — US$389.06 billion (2025)
• Bosnia and Herzegovina — US$9.41 billion (2025)
• Bulgaria — US$47.94 billion (2025)
• Croatia — US$24.51 billion (2025)
• Cyprus — US$4.62 billion (2025)
• Czechia

More economic policy & debt data for Serbia

• External debt stocks, total (DOD, current US$) — US$51.98 billion (2024)
• Use of IMF credit (DOD, current US$) — US$2.64 billion (2024)
• External debt stocks, long-term (DOD, current US$) — US$48.35 billion (2024)
• External debt stocks, private nonguaranteed (PNG) (DOD, current US$) — US$20.37 billion (2024)
• External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) — US$27.97 billion (2024)
• External debt stocks, short-term (DOD, current US$) — US$1 billion (2024)
• Short-term debt (% of total external debt) — 1.92% (2024)
• PPG, IBRD (DOD, current US$) — US$2.31 billion (2024)
• IBRD loans and IDA credits (DOD, current US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Serbia's goods exports (current US$, BoP)?

US$36.67 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 2007?

It is up 359.12% from US$7.99 billion in 2007 (8.84% a year on average, compounded). The highest value was US$36.67 billion in 2025 and the lowest US$7.75 billion in 2009.

How does Serbia rank?

64th highest of 136 economies with data for 2025.

Is the latest change in goods exports (current US$, BoP) unusual for Serbia?

In 2025, Serbia's goods exports (current US$, BoP) rose 13.8% on 2024 (from US$32.22 billion to US$36.67 billion). Across the 17 yearly changes before that (2008 to 2024), the average change was +9.5% and a typical year strayed about 14.9% from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator BX.GSR.MRCH.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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