Serbia Merchandise Exports (USD bn)

Exports (USD billion)

Exports are defined as movable goods produced within the boundaries of one country, which are traded with another country. The sale of these goods generates foreign currency earnings in the country that produces them and boosts its economic growth. The greater the proportion of exports in relation to a country’s Gross Domestic Product (GDP), the larger the boost will be to overall growth when overseas demand increases. Demand for exports is subject to economic conditions in foreign countries as well as prices, quality perception and reliability. In addition, a country’s production and flow of exports depend on trade restrictions, such as tariffs or quotas, and on subsidies, both domestically and abroad.

This chart displays Merchandise Exports (USD bn) for South Asia, Major Economies, Latin America, Euro Area, Middle East & North Africa from 2010 to 2023.

Exports (USD billion) Data

2019 2020 2021 2022 2023
Afghanistan 0.9 0.8 - - -
Albania 1.0 0.9 1.5 2.0 2.0
Algeria 35.3 21.9 38.4 65.1 54.9
Andorra 0.1 0.2 0.3 - -
Angola 34.7 20.9 33.6 50.0 36.9
Antigua and Barbuda 0.1 0.0 0.1 0.1 0.1
Argentina 65.1 54.9 77.9 88.4 66.8
Armenia 3.4 2.7 3.3 5.7 8.6
Aruba 0.1 0.1 0.1 0.2 -
Australia 272 251 344 413 371
Austria 178 169 203 212 224
Azerbaijan 19.9 12.6 21.7 42.2 29.2
Bahamas, The 0.7 0.4 0.6 0.8 -
Bahrain 18.1 14.0 22.3 30.1 24.7
Bangladesh 39.0 32.4 42.0 51.0 51.5
Belarus 32.3 28.4 39.1 37.6 39.0
Belgium 447 421 550 638 578
Belize 0.4 0.3 0.4 0.5 0.5
Benin 3.1 3.0 3.6 3.7 -
Bhutan 0.6 0.7 0.7 0.8 0.7
Bolivia 8.8 7.0 11.1 13.5 10.8
Bosnia-Herz. 1.4 1.5 2.2 2.2 2.1
Botswana 5.3 4.3 7.4 8.3 5.9
Brazil 221 209 281 334 340
Brunei 7.2 6.5 11.0 14.1 11.2
Bulgaria 32.6 31.1 40.7 49.6 47.1
Burkina Faso 3.2 4.4 5.0 4.5 4.1
Burundi 0.2 0.2 0.2 0.2 0.2
Cabo Verde 0.3 0.1 0.2 0.3 0.3
Cambodia 15.1 19.1 19.7 23.3 23.6
Cameroon 5.5 4.4 5.9 6.9 -
Canada 449 391 508 599 569
CdI 12.6 12.5 15.3 16.2 18.1
Chad 2.6 1.8 2.7 4.4 3.8
Chile 68.8 74.0 94.6 98.6 94.6
China 2,499 2,590 3,357 3,544 3,379
Colombia 40.7 32.3 42.7 59.5 52.6
Comoros 0.0 0.0 0.0 0.1 0.0
Congo 7.6 4.4 7.5 - -
Costa Rica 11.8 12.1 14.8 16.6 18.9
Croatia 14.3 13.7 17.5 21.6 20.7
Cuba 2.1 1.7 2.0 2.2 1.9
Cyprus 3.4 3.4 4.4 5.3 4.7
Czech Republic 156 144 174 185 197
Denmark 120 119 141 149 161
Djibouti 4.0 2.8 3.8 4.6 4.5
Dominica 0.0 0.0 0.0 0.0 0.0
Dominican Republic 11.2 10.3 12.5 13.8 12.9
DR Congo 13.2 13.8 22.2 28.6 29.6
Ecuador 22.7 20.6 27.0 33.0 31.5
Egypt 28.5 26.4 28.7 43.9 39.6
El Salvador 4.7 3.9 5.2 5.8 5.5
Equatorial Guinea 5.4 3.2 5.8 7.5 5.8
Eritrea 0.5 0.6 0.5 0.6 0.5
Estonia 14.9 15.1 19.4 21.6 19.5
Ethiopia 2.7 3.3 3.9 4.0 3.5
Euro Area 2,571 2,397 2,873 3,020 3,045
Fiji 1.0 0.8 0.8 1.1 1.1
Finland 72.7 67.2 83.0 92.9 90.6
France 587 496 611 661 680
Gabon 7.7 7.3 8.0 9.1 7.7
Gambia, The 0.1 0.1 0.0 0.0 0.0
Georgia 4.9 4.3 5.5 7.5 8.1
Germany 1,321 1,204 1,427 1,461 1,501
Ghana 15.7 14.5 14.7 17.5 16.7
Greece 36.3 33.0 46.5 56.5 54.1
Grenada 0.0 0.0 0.0 0.0 0.0
Guatemala 9.9 10.1 12.4 14.3 13.0
Guinea 3.9 8.9 10.2 8.8 9.4
Guinea-Bissau 0.2 0.2 0.3 0.2 0.2
Guyana 1.6 2.6 4.4 11.3 13.2
Haiti 1.2 0.9 1.1 1.3 1.0
Honduras 8.8 7.7 10.2 12.3 11.4
Hong Kong 510 507 639 580 534
Hungary 105 100 120 130 -
Iceland 5.3 4.7 6.1 7.5 6.8
India 313 427 422 451 437
Indonesia 168 163 233 293 258
Iran 60.0 49.8 79.5 97.7 -
Iraq 81.6 46.9 73.1 118.0 99.1
Ireland 252 277 332 373 330
Israel 60.4 59.1 69.8 79.9 73.1
Italy 503 462 574 608 629
Jamaica 1.7 1.3 1.5 1.9 2.0
Japan 697 629 749 751 713
Jordan 8.3 8.0 9.4 12.8 12.6
Kazakhstan 59.5 44.1 65.8 85.6 80.2
Kenya 5.9 6.1 7.3 7.4 7.2
Kiribati 0.0 0.0 0.0 0.0 -
Korea 542 512 644 684 632
Kosovo 0.4 0.5 0.9 1.0 0.9
Kuwait 64.7 40.1 68.4 100.3 84.1
Kyrgyzstan 2.0 2.0 2.8 2.3 3.3
Laos 5.8 6.1 7.7 8.2 8.4
Latvia 14.3 15.3 19.2 21.8 20.2
Lebanon 4.5 3.8 3.8 4.2 3.8
Lesotho 1.1 0.9 1.1 1.1 0.9
Liberia 0.5 0.6 0.9 1.0 -
Libya 29.1 9.3 32.3 - -
Lithuania 33.2 32.7 40.8 46.6 43.0
Luxembourg 27.0 24.5 29.0 27.5 27.5
Macao 1.9 4.2 9.5 7.9 -
Madagascar 2.6 1.9 2.7 3.5 -
Malawi 1.1 0.9 1.1 1.0 -
Malaysia 240.2 234.1 299.4 352.2 312.7
Maldives 0.4 0.3 0.3 0.4 0.4
Mali 3.7 4.8 4.9 5.4 5.7
Malta 3.6 3.6 3.8 4.4 4.3
Marshall Islands 0.1 0.0 0.1 0.1 0.1
Mauritania 2.3 2.8 3.3 3.8 4.0
Mauritius 2.2 1.8 2.0 2.4 2.3
Mexico 461 417 495 578 593
Micronesia, Federated States of 0.0 0.1 0.1 0.1 0.1
Moldova 2.1 1.9 2.6 3.7 3.4
Mongolia 7.2 7.0 8.1 9.9 13.9
Montenegro 0.5 0.5 0.6 0.8 0.8
Morocco 24.7 23.6 31.7 36.5 36.3
Mozambique 4.8 3.7 5.7 8.3 8.3
Myanmar 10.8 9.8 9.5 - -
Namibia 4.7 3.9 4.4 5.8 5.5
Nauru 0.0 0.0 0.0 0.0 0.0
Nepal 1.0 0.9 1.7 1.3 1.1
Netherlands 554 527 662 741 732
New Zealand 39.7 38.3 45.1 46.2 42.5
Nicaragua 4.3 4.4 5.6 6.3 6.7
Niger 1.1 1.1 1.2 1.0 1.0
Nigeria 65.0 35.9 46.9 64.2 55.8
North Macedonia 6.0 5.5 7.1 7.7 7.8
Oman 38.6 33.4 44.3 66.1 59.0
Pakistan 24.3 22.5 25.6 32.5 27.9
Palau 0.0 0.0 0.0 0.0 0.0
Panama 14.6 11.6 16.8 20.4 19.1
Papua New Guinea 10.9 9.1 10.8 14.6 12.7
Paraguay 12.1 11.0 13.2 12.8 16.3
Peru 48.0 42.8 63.1 66.2 67.5
Philippines 70.9 65.2 74.7 79.6 73.6
Poland 247 253 311 341 363
Portugal 67.1 61.3 75.2 82.4 83.6
Puerto Rico 63.7 62.2 57.9 59.7 63.6
Qatar 72.9 51.5 87.2 130.9 97.7
Romania 70.6 65.6 83.0 90.4 93.6
Russia 420 334 494 592 424
Rwanda 1.2 1.4 1.5 2.1 2.5
Saint Kitts and Nevis 0.0 0.0 0.0 0.0 0.0
Saint Lucia 0.1 0.1 0.1 0.1 0.1
Saint Vincent and the Grenadines 0.0 0.1 0.0 0.0 0.0
Samoa 0.1 0.0 0.0 0.0 0.0
San Marino 0.1 0.1 - - -
Sao Tome and Principe 0.0 0.0 0.0 0.0 0.0
Saudi Arabia 262 174 276 411 322
Senegal 4.4 4.2 5.5 6.1 6.5
Serbia 18.4 18.4 24.8 28.3 30.2
Seychelles 0.5 0.5 0.5 0.6 0.5
Sierra Leone 0.6 0.6 1.0 1.2 -
Singapore 441 418 512 589 546
Slovakia 84.4 79.8 97.3 101.3 107.6
Slovenia 35.8 33.8 41.7 44.5 44.8
Solomon Islands 0.5 0.4 0.4 0.3 0.4
Somalia 0.6 0.5 0.4 0.6 0.8
South Africa 90.0 84.7 121.7 123.0 110.4
South Sudan 1.6 0.8 0.5 0.9 -
Spain 325 298 374 409 415
Sri Lanka 11.9 10.0 12.5 13.1 11.9
Sudan 3.7 3.8 5.0 4.4 4.9
Suriname 2.2 2.2 2.3 2.8 2.3
Swaziland 19.8 17.4 20.6 20.3 20.3
Sweden 179 172 214 221 223
Switzerland 343 353 438 476 489
Syrian Arab Republic 2.7 4.5 4.2 4.8 6.7
Taiwan 329 345 446 479 432
Tajikistan 1.0 1.3 2.0 1.6 1.9
Tanzania 5.4 6.4 6.8 7.2 7.7
Thailand 242.7 226.9 270.7 284.9 281.0
Timor-Leste 0.2 0.3 0.6 0.5 0.3
Togo 1.1 1.2 - - -
Tonga 0.0 0.0 0.0 0.0 0.0
Trinidad and Tobago 8.8 6.0 11.1 16.7 10.4
Tunisia 15.0 13.8 16.8 18.5 20.0
Turkey 182 168 225 253 251
Turkmenistan 10.6 6.5 9.4 13.5 14.4
Tuvalu 0.0 0.0 0.0 0.0 -
UAE 314 272 323 - -
Uganda 4.1 4.5 4.5 4.3 7.0
Ukraine 46.1 45.1 63.1 40.9 34.7
United Kingdom 470 402 457 535 489
United States 1,655 1,434 1,766 2,090 2,045
Uruguay 11.9 10.2 15.9 17.6 15.2
Uzbekistan 13.9 12.8 14.1 17.1 19.4
Vanuatu 0.1 0.0 0.1 0.1 0.1
Vietnam 264 283 336 372 355
West Bank and Gaza 1.7 1.7 2.3 2.6 2.5
Yemen 0.7 0.4 0.7 0.7 0.2
Zambia 7.2 8.0 11.2 11.5 10.5
Zimbabwe 4.7 4.9 6.4 7.0 7.2
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest X Download Fullscreen