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

Serbia

Serbia ranked No. 119 in total trade value through August with a total of $318.49 million. Exports totaled $108.32 million and Imports totaled $210.17 million, a deficit of $101.84 million.

January – August 2019

Top Trading Ports

Total Trade: $318.49 million

RankPortTotal YTD
1Port of Newark $55,347,976
2Port of Houston $32,823,996
3Port of Savannah, Ga. $25,015,590
4John F. Kennedy International Airport $22,359,418
5Port of Virginia $18,953,757
6Cleveland’s Hopkins International Airport, Ohio $15,232,743
7Chicago O’Hare International Airport $14,365,213
8Port of Charleston $13,918,289
9Port of Baltimore, Md. $11,587,072
10Low-Valued Imports and Exports $10,123,098

U.S. trade with Serbia rose to $318.49 million through August

Serbia’s trade with the United States rose to $318.49 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 0.59 percent below its total trade during the same time period last year. U.S. exports to Serbia decreased 1.36 percent while U.S. imports from Serbia fell 0.19 percent. The U.S. deficit with Serbia was $101.84 million.

Through August, 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 Savannah, Ga.; No. 4 John F. Kennedy International Airport; and No. 5 Port of Virginia. 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 48.51 percent of Serbia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 1.93 percent to $55.35 million.
    Exports fell 45.69 percent to $2.14 million. Imports rose 5.65 percent to $53.21 million.
  • Trade with No. 2 Port of Houston fell 23.72 percent to $32.82 million.
    Exports fell 22.37 percent to $1.07 million. Imports fell 23.76 percent to $31.76 million.
  • Trade with No. 3 Port of Savannah, Ga. rose 109.87 percent to $25.02 million.
    Exports rose 88.7 percent to $3.13 million. Imports rose 113.29 percent to $21.88 million.
  • Trade with No. 4 John F. Kennedy International Airport rose 26.66 percent to $22.36 million.
    Exports rose 34.52 percent to $12.95 million. Imports rose 17.23 percent to $9.41 million.
  • Trade with No. 5 Port of Virginia fell 21.21 percent to $18.95 million.
    Exports fell 31.11 percent to $8.97 million. Imports fell 9.51 percent to $9.98 million.

Serbia ranked No. 119 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 125.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Serbia by value through August were the categories of Civilian aircraft, parts; Low value shipments; Raw tobacco; Computers; and Misc. machinery for food and drink, parts, respectively. They accounted for 45.31 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; Mattresses and other bedding products; Bombs, grenades, cartridges, parts; and Hot-rolled flat iron, non-alloy steel –– accounted for 41.94 percent of all inbound shipments.

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

  • Civilian aircraft, parts fell 24.15 percent compared to last year to $23.35 million.
  • Low value shipments rose 7.62 percent compared to last year to $10.12 million.
  • Raw tobacco fell 17.75 percent compared to last year to $7.02 million.
  • Computers rose 48.55 percent compared to last year to $5.56 million.
  • Misc. machinery for food and drink, parts rose 12105 percent compared to last year to $3.03 million.

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

  • Electric motors, generators, not sets rose 320.15 percent compared to last year to $40.97 million.
  • Engine parts rose 48.42 percent compared to last year to $14.94 million.
  • Mattresses and other bedding products rose 3391938 percent compared to last year to $13.57 million.
  • Bombs, grenades, cartridges, parts fell 39.79 percent compared to last year to $9.54 million.
  • Hot-rolled flat iron, non-alloy steel fell 67.78 percent compared to last year to $9.13 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.