Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Serbia

Serbia ranked No. 123 in total trade value through October with a total of $404.98 million. Exports totaled $135.68 million and Imports totaled $269.29 million, a deficit of $133.61 million.

January – October 2018

Top Trading Ports

Total Trade: $404.98 million

RankPortTotal YTD
1Port of Newark $66,871,700
2Port of Houston $53,701,959
3Port of Virginia $27,789,233
4John F. Kennedy International Airport $23,587,611
5Chicago O’Hare International Airport $19,792,520
6Cleveland’s Hopkins International Airport, Ohio $17,503,237
7Port of Savannah, Ga. $14,454,708
8Port of Baltimore, Md. $14,258,044
9Wichita Mid-Continent Airport, Kan. $13,510,488
10Port of Beaufort-Morehead City, N.C. $11,988,570

U.S. trade with Serbia rose to $404.98 million through October

Serbia’s trade with the United States rose to $404.98 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 21.36 percent above its total trade during the same time period last year. Serbia’s exports increased 40.21 percent while imports rose 13.67 percent. The U.S. deficit with Serbia was $133.61 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Houston; No. 3 Port of Virginia; No. 4 John F. Kennedy International Airport; and No. 5 Chicago O’Hare International Airport. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 Port of Houston No. 3 Port of Virginia No. 4 John F. Kennedy International Airport and No. 5 Chicago O’Hare International Airport. In the current time period, the top five accounted for 47.35 percent of Serbia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 6.42 percent to $66.87 million.
    Exports rose 269.14 percent to $4.56 million. Imports rose 1.16 percent to $62.32 million.
  • Trade with No. 2 Port of Houston rose 5.16 percent to $53.7 million.
    Exports fell 55.73 percent to $1.98 million. Imports rose 11.02 percent to $51.72 million.
  • Trade with No. 3 Port of Virginia fell 15.8 percent to $27.79 million.
    Exports rose 18.14 percent to $14.61 million. Imports fell 36.14 percent to $13.18 million.
  • Trade with No. 4 John F. Kennedy International Airport fell 11.63 percent to $23.59 million.
    Exports fell 10.71 percent to $12.36 million. Imports fell 12.61 percent to $11.23 million.
  • Trade with No. 5 Chicago O’Hare International Airport fell 9.39 percent to $19.79 million.
    Exports fell 21.11 percent to $5.29 million. Imports fell 4.18 percent to $14.5 million.

Serbia ranked No. 123 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 120.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Serbia by value through October were the categories of Civilian aircraft, parts; Low value shipments; Raw tobacco; Computers; and Lifting, handling, loading, unloading machines, respectively. They accounted for 48.56 percent of total exports to Serbia.

The value of the top five categories of U.S. imports from Serbia –– Hot-rolled flat iron, non-alloy steel; Bombs, grenades, cartridges, parts; Rubber tires; Corn; and Frozen fruit, nuts –– accounted for 38.2 percent of all inbound shipments.

Looking more closely at U.S. exports to Serbia:

  • Civilian aircraft, parts rose 309.51 percent compared to last year to $33.99 million.
  • Low value shipments rose 31.04 percent compared to last year to $11.97 million.
  • Raw tobacco fell 7.73 percent compared to last year to $8.53 million.
  • Computers rose 39.05 percent compared to last year to $5.75 million.
  • Lifting, handling, loading, unloading machines rose 4814.52 percent compared to last year to $5.64 million.

Looking more closely at U.S. imports from Serbia:

  • Hot-rolled flat iron, non-alloy steel rose 76.83 percent compared to last year to $34.3 million.
  • Bombs, grenades, cartridges, parts fell 19.9 percent compared to last year to $19.94 million.
  • Rubber tires fell 11.18 percent compared to last year to $17.34 million.
  • Corn rose 200517 percent compared to last year to $16.82 million.
  • Frozen fruit, nuts rose 28.77 percent compared to last year to $14.46 million.

In the latest annual figures available, Serbia recorded $418.01 million in trade with the United States. At year’s end, its were New York City; Houston; Chicago; Norfolk; and Cleveland. Total U.S. exports to Serbia were $ 125.26 million and imports from Serbia were $292.75 million. The U.S. deficit with Serbia was $167.5 million.