Serbia
↔
Syria

Serbia-Syria Bilateral Trade Analysis 2023

Complete trade statistics: $31.57M total volume •Serbia deficit: $31.57M

Serbia → Syria

$0

Exports (2023)

Syria → Serbia

$31.57M

Imports (2023)

Trade Balance

$31.57M

Deficit for Serbia

Total Trade

$31.57M

Combined Volume

Trade Flow Visualization

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

Detailed Product Trade Analysis

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

Serbia → Syria Exports

$0
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Infinity% top product
1Iron or steel: structures and parts thereof, n.e.c. in heading 7308
$856,904
Infinity% of exports
2Fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium
$361,598
Infinity% of exports
3Pharmaceutical goods: first aid boxes and kits
$223,707
Infinity% of exports
4Yarn, synthetic: filament, monofilament (less than 67 decitex), textured, of nylon or other polyamides, measuring per single yarn not more than 50 decitex, not for retail sale, not sewing thread
$158,069
Infinity% of exports
5Food preparations: of flour, meal, starch, malt extract or milk products, suitable for infants or young children, put up for retail sale
$126,661
Infinity% of exports

🎯 Strategic Export Focus

Serbia's export portfolio to Syria demonstrates strategic specialization, with iron or steel: structures and parts thereof, n.e.c. in heading 7308 representing a key competitive advantage in this bilateral market.

Syria → Serbia Imports

$31.57M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
99.7% concentration
1Natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk: unground
$31.48M
99.7% of imports
2Vegetables, alliaceous: onions and shallots, fresh or chilled
$72,026
0.2% of imports
3Soap and organic surface-active products: in the form of bars, cakes, moulded shapes, and paper, wadding, felt and nonwovens, impregnated, coated or covered with soap or detergent, not for toilet use
$14,361
0.0% of imports
4Wool: (not carded or combed), degreased, (not carbonised), (other than shorn)
$11,877
0.0% of imports
5Spices: seeds of anise, badian, caraway or fennel: juniper berries, neither crushed nor ground
$426
0.0% of imports

📦 Import Strategy Analysis

Serbia's import pattern from Syria reveals significant dependencyin natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk: unground, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Serbia demonstrates competitive strength in exportingiron or steel: structures and parts thereof, n.e.c. in heading 7308 to Syria, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

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

Specialized Exchange
📈

Growth Potential

The $31.57M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Serbia-Syria Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $31.57 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Serbia maintains a deficit of $31.57 million
  • Export Focus: Serbia's primary exports include iron or steel: structures and parts thereof, n.e.c. in heading 7308, fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium, pharmaceutical goods: first aid boxes and kits
  • Import Dependencies: Key imports from Syria include natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk: unground, vegetables, alliaceous: onions and shallots, fresh or chilled, soap and organic surface-active products: in the form of bars, cakes, moulded shapes, and paper, wadding, felt and nonwovens, impregnated, coated or covered with soap or detergent, not for toilet use

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 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 $31.57M 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 Serbia leveraging its comparative advantages in iron or steel: structures and parts thereof, n.e.c. in heading 7308.

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

Serbia's specialization in iron or steel: structures and parts thereof, n.e.c. in heading 7308complements Syria's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk: unground.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $31.57M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $31.57M 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 $31.57 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in iron or steel: structures and parts thereof, n.e.c. in heading 7308 and natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk: unground demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Serbia's trade deficit of $31.57 million impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium present expansion opportunities.
Market Diversification
Beyond current focus on natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk: unground, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in iron or steel: structures and parts thereof, n.e.c. in heading 7308 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 Serbia and Syria represents a total trade volume of $31.57 million in 2023. This partnership demonstrates an unfavorable trade balance for Serbia, with imports exceeding exportsby $31.57 million.

Export Strengths

Serbia's exports to Syria total $0.00, with competitive advantages in iron or steel: structures and parts thereof, n.e.c. in heading 7308, representing $856,904 orInfinity% of bilateral exports.

Import Dependencies

Imports from Syria amount to $31.57 million, highlighting economic interdependence in natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk: unground, with Natural calcium phosphates, natural aluminium calcium phosphates and phosphatic chalk: unground comprising99.7% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Serbia's strategic sourcing from Syria. 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.

Download Bilateral Trade Data

Access detailed trade data between Serbia and Syria in multiple formats.

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