structural dependence

Serbia’s Evolving Role in European Supply Chains

Serbia's economic landscape in 2025 highlights its significant integration into European industry, marking a transition from a peripheral economy reliant on low-value exports to a manufacturing hub interconnected with broader supply chains. This shift has fostered growth in exports, job creation, and industrial importance, while simultaneously introducing a new layer of dependence on external markets. In 2025, Serbia's total foreign trade turnover reached €74.927 billion, with exports climbing to €33.068 billion. The manufacturing sector emerged as the backbone of this…