export engine

CBAM expansion puts Serbia’s manufacturing exports under wider carbon scrutiny

Serbia’s manufacturing export base is positioned close to the European Union, with steel production in Smederevo, copper activity in Bor, automotive components in Kragujevac, and electrical equipment in Niš. The country also produces thousands of specialised industrial products for export markets. The European Union’s Carbon Border Adjustment Mechanism (CBAM) is already seen as a challenge for steel, aluminium, cement and electricity producers. Trade figures for 2025 show Serbia exported approximately €33.7 billion of goods and imported €39.1 billion. The European…