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

Serbia

Serbia ranked No. 122 in total trade value through February with a total of $72.27 million. Exports totaled $23.09 million and Imports totaled $49.17 million, a deficit of $26.08 million.

January – February 2019

Top Trading Ports

Total Trade: $72.27 million

RankPortTotal YTD
1Port of Newark $13,613,307
2Port of Houston $11,157,860
3Port of Virginia $6,948,383
4John F. Kennedy International Airport $4,689,096
5Cleveland’s Hopkins International Airport, Ohio $3,493,937
6Port of Savannah, Ga. $3,005,603
7Chicago O’Hare International Airport $2,957,242
8Low-Valued Imports and Exports $2,258,297
9Port of Charleston $1,571,842
10Port of Jacksonville, Fla. $1,468,680

U.S. trade with Serbia rose to $72.27 million through February

Serbia’s trade with the United States rose to $72.27 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.99 percent above its total trade during the same time period last year. Serbia’s exports increased 59.46 percent while imports fell 9.53 percent. The U.S. deficit with Serbia was $26.08 million.

Through February, 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 Cleveland’s Hopkins International Airport, Ohio. During the same period the previous year, the top five were No. 1 Port of Houston No. 2 Port of Newark No. 3 Port of Portsmouth, N.H. No. 4 Chicago O’Hare International Airport and No. 5 John F. Kennedy International Airport. In the current time period, the top five accounted for 55.22 percent of Serbia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 20.9 percent to $13.61 million.
    Exports fell 88.53 percent to $214,179. Imports rose 42.65 percent to $13.4 million.
  • Trade with No. 2 Port of Houston fell 22.97 percent to $11.16 million.
    Exports rose 6.76 percent to $414,407. Imports fell 23.79 percent to $10.74 million.
  • Trade with No. 3 Port of Virginia rose 102.05 percent to $6.95 million.
    Exports rose 416.16 percent to $4.91 million. Imports fell 18.17 percent to $2.04 million.
  • Trade with No. 4 John F. Kennedy International Airport rose 12.24 percent to $4.69 million.
    Exports fell 3.18 percent to $2.31 million. Imports rose 32.67 percent to $2.38 million.
  • Trade with No. 5 Cleveland’s Hopkins International Airport, Ohio rose 77.38 percent to $3.49 million.
    Exports rose 76.25 percent to $2.6 million. Imports rose 80.78 percent to $891,839.

Serbia ranked No. 122 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 122.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Serbia by value through February were the categories of Raw tobacco; Civilian aircraft, parts; Low value shipments; Computers; and Aluminum waste and scrap, respectively. They accounted for 50.65 percent of total exports to Serbia.

The value of the top five categories of U.S. imports from Serbia –– Electric motors, generators, not sets; Engine parts; Hot-rolled flat iron, non-alloy steel; Motor vehicles for transporting people; and Frozen fruit, nuts –– accounted for 42.48 percent of all inbound shipments.

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

  • Raw tobacco rose 371.48 percent compared to last year to $4.16 million.
  • Civilian aircraft, parts rose 230.13 percent compared to last year to $2.34 million.
  • Low value shipments rose 68.28 percent compared to last year to $2.26 million.
  • Computers rose 120.44 percent compared to last year to $2.17 million.
  • Aluminum waste and scrap rose 43.57 percent compared to last year to $769,553.

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

  • Electric motors, generators, not sets rose 532.19 percent compared to last year to $8.88 million.
  • Engine parts rose 80.9 percent compared to last year to $3.3 million.
  • Hot-rolled flat iron, non-alloy steel fell 70.8 percent compared to last year to $3.19 million.
  • Motor vehicles for transporting people fell 45.7 percent compared to last year to $2.87 million.
  • Frozen fruit, nuts fell 38.21 percent compared to last year to $2.65 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.