industrial depth

Export Growth and Structural Challenges in Serbia’s Economy

Serbia's economic landscape in 2025 highlights a complex relationship between export success and underlying industrial fragility. The country reported a total foreign trade turnover of €74.927 billion, with exports reaching €33.068 billion, where manufacturing constituted 87.6% of total exports. Notably, automotive production surged, and industrial exports remained closely tied to European value chains, achieving a monthly export capacity exceeding €2.8 billion for the first time. However, the domestic industrial environment tells a different story, as total industrial production saw only…