Serbia: Exporter Guide
In 2013, Serbia’s agro-food exports reached a value of USD 3.04 billion, a 6.3 percent increase from 2012. Agriculture is the most important export sector, accounting for almost 22 percent of all Serbian exports and enjoying a trade surplus of USD 1.2 billion. The European Union and Southeast Europe (CEFTA) countries remained the most important trading partners for Serbia. The global economic crisis has depressed Serbia’s high value food imports as national incomes have not kept up with the increased cost of living. Challenges for US exporters include high import tariffs for products from non-EU countries, low incomes which affect consumer buying power, standards which sometimes diverge from international norms, infrastructure issues and the presence of monopolies in the production and retail chains.