International Trade in Serbia

International Trade in Serbia

In the recent years, Serbia has benefited from very high growth rates, particularly thanks to the transportation, construction and financial services sectors. The country is a huge potential market, mainly because its domestic demand is dynamic and also because it is increasing its... Read more

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Market Analyses About Serbia (51)

Import and Export Services in Serbia (249)

  • Patent & Trade Mark Agency Mihailovic

    Patent & Trade Mark Agency Mihailovic

    Intellectual Property Law, Serbia

    Our law practice is a boutique Intellectual property law office established in 1937 that remains a family run business to this day....
  • Has Kaucuk

    Has Kaucuk

    Event/Tradeshow Services, Serbia

    Being active as from 1995, HAS KAUÇUK A.Ş. continues its activities as leader of the sector with its expert technical staff and...

Business Tips About Serbia (8)

Agents and Distributors in Serbia (18)

  • David Pajovic, Davidpartner

    Sales Agents, Serbia

    we assure quality representation in the Serbian market
  • Metal Inspekt

    Metal Inspekt

    Quality Control, Serbia

    Laboratory for NDT is the basic organizational unit of a company METAL INSPEKT d.o.o. Belgrade, which was established by the Decision on...

Overview About International Trade in Serbia

Main Industry Sectors

The agricultural sector represents 15% of the country's national revenue. Serbia has significant quantities of coal, lead, zinc, copper and gold, but the lack of investment which has affected the mining sector for several years prevents the country's economy from benefiting from this wealth.

The industry sector is very outdated and in need of strong foreign investment.  It contributes 20% to the country's GDP.

Services make up the main sector of activity, representing almost two thirds of Serbia's GDP.

 

Economic Overview

In the recent years, Serbia has benefited from very high growth rates, particularly thanks to the transportation, construction and financial services sectors. The country is a huge potential market, mainly because its domestic demand is dynamic and also because it is increasing its openness to trade and foreign investment.

The financial crisis has affected the Serbian economy. The government was forced to reduce its public expenses in order to limit the budgetary deficit to 3% of GDP. This measure has allowed the country to obtain a loan  from IMF at the beginning of 2009 for an amount of EUR 3 billion. The European Investment Bank has also launche...

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