France-Serbia Bilateral Trade Analysis 2023

Complete trade statistics: $1.95B total volume •France surplus: $202.61M

FranceSerbia

$1.08B

Exports (2023)

SerbiaFrance

$875.41M

Imports (2023)

Trade Balance

$202.61M

Surplus for France

Total Trade

$1.95B

Combined Volume

Trade Flow Visualization

Direct trade relationship between France and Serbia. Green line shows exports from France, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the France-Serbia commercial relationship and competitive positioning in global markets.

FranceSerbia Exports

$1.08B
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
6.2% top product
1Vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc
$66.42M
6.2% of exports
2Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$63.08M
5.9% of exports
3Helicopters: of an unladen weight exceeding 2000kg
$49.16M
4.6% of exports
4Pumps: parts thereof
$28.28M
2.6% of exports
5Electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502
$22.16M
2.1% of exports

🎯 Strategic Export Focus

France's export portfolio to Serbia demonstrates strategic specialization, with vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc representing a key competitive advantage in this bilateral market.

SerbiaFrance Imports

$875.41M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
7.0% concentration
1Fruit, edible: raspberries, blackberries, mulberries, loganberries, black, white or red currants and gooseberries, uncooked or cooked, whether or not containing added sugar or other sweetening matter
$60.93M
7.0% of imports
2Rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars)
$53.40M
6.1% of imports
3Vehicle parts and accessories: n.e.c. in heading no. 8708
$41.59M
4.8% of imports
4Acyclic hydrocarbons: unsaturated, propene (propylene)
$31.41M
3.6% of imports
5Electric motors and generators: DC, of an output not exceeding 750W
$29.96M
3.4% of imports

📦 Import Strategy Analysis

France's import pattern from Serbia reveals strategic sourcingin fruit, edible: raspberries, blackberries, mulberries, loganberries, black, white or red currants and gooseberries, uncooked or cooked, whether or not containing added sugar or other sweetening matter, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

France demonstrates competitive strength in exportingvehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc to Serbia, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced
📈

Growth Potential

The $1.95B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: France-Serbia Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $1.95 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: France maintains a surplus of $202.61 million
  • Export Focus: France's primary exports include vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, helicopters: of an unladen weight exceeding 2000kg
  • Import Dependencies: Key imports from Serbia include fruit, edible: raspberries, blackberries, mulberries, loganberries, black, white or red currants and gooseberries, uncooked or cooked, whether or not containing added sugar or other sweetening matter, rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars), vehicle parts and accessories: n.e.c. in heading no. 8708

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthBalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $1.95B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with France leveraging its comparative advantages in vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

France's specialization in vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cccomplements Serbia's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in fruit, edible: raspberries, blackberries, mulberries, loganberries, black, white or red currants and gooseberries, uncooked or cooked, whether or not containing added sugar or other sweetening matter.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $1.95B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyModerate
🔮

Trade Relationship Outlook

The $1.95B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $1.95 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc and fruit, edible: raspberries, blackberries, mulberries, loganberries, black, white or red currants and gooseberries, uncooked or cooked, whether or not containing added sugar or other sweetening matter demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

France's trade surplus of $202.61 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale present expansion opportunities.
Market Diversification
Beyond current focus on fruit, edible: raspberries, blackberries, mulberries, loganberries, black, white or red currants and gooseberries, uncooked or cooked, whether or not containing added sugar or other sweetening matter, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between France and Serbia represents a total trade volume of $1.95 billion in 2023. This partnership demonstrates a favorable trade balance for France, with exports exceeding importsby $202.61 million.

Export Strengths

France's exports to Serbia total $1.08 billion, with competitive advantages in vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc, representing $66.42M or6.2% of bilateral exports.

Import Dependencies

Imports from Serbia amount to $875.41 million, highlighting economic interdependence in fruit, edible: raspberries, blackberries, mulberries, loganberries, black, white or red currants and gooseberries, uncooked or cooked, whether or not containing added sugar or other sweetening matter, with Fruit, edible: raspberries, blackberries, mulberries, loganberries, black, white or red currants and gooseberries, uncooked or cooked, whether or not containing added sugar or other sweetening matter comprising7.0% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates France's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

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Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023