Serbia Net Trade (Goods & Services, BoP)
Serbia's net trade (goods & services, bop) fell to $-3.81 billion in 2023, down from $-7.49 billion in 2022, according to World Bank. This represents a decrease of 49.2% ($3.68 billion) from the previous year. Serbia has net trade (goods & services, bop) lower than the global median (-$3.81 billion vs median -$215.12 million). Compared with the median in Europe, Serbia is lower (-$3.81 billion vs regional median $1.60 billion) and ranks 37th out of 44 countries in Europe.
Yearly Historical Data (2007-2023)
(in Billion USD)Serbia Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Serbia, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.