export economy

Serbia Export Economy Reaches 54.5% of GDP Amid Rising Import Content

Measured against nominal GDP, Serbia’s export-oriented production reached approximately 54–55% in 2025 on a gross basis. The calculation uses nominal GDP of €88.67 billion, goods exports of €33.07 billion, and services exports of approximately €15.23 billion. Goods exports correspond to 37.3% of GDP, while services exports account for 17.2%, producing a combined gross export-to-GDP ratio of 54.5%. The structure reflects gross trade flows and does not isolate domestic value added, as imported inputs such as energy, components, machinery, metals, chemicals,…