Bilateral trade in goods and services between Ukraine and the Republic of Serbia in January-November 2023 totaled 291.9 million USD:

• export of goods totaled 121.2 million USD,
• import of goods totaled 170.6 million USD.

The balance of trade in goods and services for this period is nagetive for Ukraine - $49.4 million USD.

In 2022 bilateral trade in goods between Ukraine and the Republic of Serbia totaled 302.5 million USD (↓30.1%). Export of goods totaled 134.9 million USD (↓42.4%), import of goods totaled 167.6 million USD (↓17.5%).

Main articles of export: iron ore and ferrous metals; wood and wood products; plastics and polymer materials.

Main articles of import: fertilizers; plastics, and polymeric materials; electric machines; ferrous metals; soap; rubber.

Dynamics of bilateral trade in goods and services between Ukraine and the Republic of Serbia (million USD)

According to the Agency for Registration of Business Entities, in 2023, 156 business entities were registered in Serbia, the majority owners of which are citizens of Ukraine or Ukrainian legal entities, most of which are engaged in retail trade and trade in auto parts, processing industry.