On this page you will find beneficial information regarding foreign direct investment in / trading with Serbia. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Republic
Population: 6.834 million (2021)
GDP: 63.08 billion USD (2021)
Corporate Tax Rate: 15%
Personal Income Tax Rate: 10%
Major Exports: Insulated Wire ($1.8B), Corn ($915M), Rubber Tires ($859M), Copper Ore ($855M), and Frozen Fruits and Nuts ($682M), exporting mostly to Germany ($3.27B), Italy ($2.23B), Bosnia and Herzegovina ($1.83B), Romania ($1.43B), and Hungary ($1.33B).
Major Imports: Crude Petroleum ($1.35B), Electricity ($1.18B), Cars ($1.04B), Packaged Medicaments ($993M), and Broadcasting Equipment ($698M), importing mostly from Germany ($4.54B), China ($3.17B), Hungary ($2.52B), Italy ($2.46B), and Turkey ($2.02B).
Investment Agency: Development Agency of Serbia (RAS)
National Chamber of Commerce: Chamber of Commerce and Industry
Customs Agency: Customs Administration of the Republic of Serbia