Import of Goods Value from Serbia (1990-2023)

Serbia's import value experienced significant growth from $13.2B in 2006 to $41.1B in 2022, reflecting its post-transition economic development and increasing integration into global trade. The steep rise from $13.2B in 2006 to $24.3B in 2008 was driven by industrial growth and consumer demand prior to the global financial crisis.

The crisis in 2009 caused a decline to $16.0B, but imports recovered steadily, reaching $33.7B in 2021, supported by infrastructure investments and growing trade ties within Europe. The peak of $41.1B in 2022 underscores Serbia's economic expansion and increased reliance on imported goods. A slight drop to $39.8B in 2023 indicates global economic adjustments and local policy responses to inflation.