industrial trajectory

Serbia’s Strategic Role in European Supply Chains

Serbia is increasingly recognized as a key near-shore industrial platform that enhances the resilience of European supply chains. This transformation from a peripheral manufacturing base to a critical production hub is driven by several factors, including competitive labor costs, substantial industrial capacity, and proximity to major markets within the European Union. Recent trade data indicates a significant integration into these supply chains, with Serbian exports reaching approximately €21.8 billion. A notable portion of this figure comprises industrial products such as…