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US$ 0.14mn
FDI inflows to India from April 2000-March 2021

US$ 100.96mn

Bilateral trade in 2021-22


No.1

investment destination country in the world, measured by the estimated number of jobs relative to the size of the population, as per the IBM Global Location Trend

FDI

Serbia is listed as one of the top 15 countries in Europe by number of FDIs

Agriculture

Efforts are on to promote trade in crops, oil seeds, soyabean, berries and other tropical fruit

Retail Medicaments

is the second largest import segment in Serbia’s foreign trade in 2017

City of the Future

Belgrade named a City of the Future in Southern Europe by Financial Times

Science & Technology

Serbia wants technology transfer in different industry segments, and there is potential for investment in science & innovation

India's Exports and Imports to Serbia

Values in US $ Millions

Country / Region:  SERBIA

S.No. \Year 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022
1. EXPORT 59.02 72.33 83.68 90.77 89.89
2. %Growth 22.54 15.69 8.48 -0.97
3. India’s Total Export 303,526.16 330,078.09 313,361.04 291,808.48 422,004.40
4. %Growth 8.75 -5.06 -6.88 44.62
5. %Share 0.02 0.02 0.03 0.03 0.02
6. IMPORT 24.12 21.45 11.51 7.31 11.07
7. %Growth -11.04 -46.36 -36.48 51.42
8. India’s Total Import 465,580.99 514,078.42 474,709.28 394,435.88 613,052.05
9. %Growth 10.42 -7.66 -16.91 55.43
10. %Share 0.01 0.00 0.00 0.00 0.00
11. TOTAL TRADE 83.14 93.78 95.18 98.08 100.96
12. %Growth 12.80 1.49 3.05 2.94
13. India’s Total Trade 769,107.15 844,156.51 788,070.32 686,244.36 1,035,056.45
14. %Growth 9.76 -6.64 -12.92 50.83
15. %Share 0.01 0.01 0.01 0.01 0.01
16. TRADE BALANCE 34.91 50.88 72.17 83.46 78.82
17. India’s Trade Balance -162,054.83 -184,000.33 -161,348.24 -102,627.40 -191,047.65

The Federation of Indian Export Organizations

(+91) 11 4604 2222

Visit Website

Niryat Bhawan, Rao Tula Ram Marg, Opp. Army Hospital Research & Referral, New Delhi-110 057

The Serbian Chamber of Commerce and Industry of Serbia (abbr. CCIS or PKS)

(+381) 11 330 0900

Visit Website

13-15 Resavska Street 11000 Belgrade

Embassy of India, Belgrade, Serbia

(+381) 11 266 6520, 11 266 7990

Visit Website

Commercial Representative

(+381) 11 266 1089, 11 266 6520

Visit Website

Attache

Opportunities

Agricultural exports

    Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)
    Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of 2 l/less (220421)

    agriexchange.apeda.gov.in

    Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), froxen (020329)

    agriexchange.apeda.gov.in

    Bread, pastry, cakes, biscuits & oth. bakers’ wares n.e.s. in ch.19, whethe … (190590)

    agriexchange.apeda.gov.in

    Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)

    agriexchange.apeda.gov.in

    Apples, fresh (080810)
    Bananas frsh or dried (080390)
    Lemons (Citrus limon/limonum) & limes (Citrus aurantifolia/latifolia), fres … (080550)
    Raspberries, blackberries, mulberries, loganberries, black/white/red curran … (081120)

    agriexchange.apeda.gov.in

    Fish preparations; fish minced or in forms n.e.c. in heading no. 1604 prepared or preserved (160420)
    Fish preparations; sardines, sardinella and brisling or sprats, prepared or preserved, whole or in pieces (but not minced) (160413)
    Fish preparations; tunas, skipjack and Atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced) (160414)
    Fish; fresh or chilled, Atlantic salmon 30.1 (Salmo salar) and Danube salmon (Hucho hucho), excluding fillets, livers, roes, and other fish meat of heading 0304 (030214)
    Fish; frozen, hake (Merluccius spp., Urophycis spp.), excluding fillets, livers, roes, and other fish meat of heading 0304 (030366)

    fishexchange.mpeda.gov.in
Minerals

    Reserve: 7,800,000 tons (estimated)

    Production: Finished – 1,879,506 tons, Clinker – 1,300,000 tons

    bgs.ac.uk

    Production: 38,000,000 tons

    Reserve: 3,000,000,000 tons (estimated)

    mre.gov.rsimformed.com

    Reserve: 15,000,000 tons (Estimated)
    Production: 42,000 tons (concentrate) per year

    Procution: 921,000 tonnes

    wmc.org.pl

    Production: 700 kg per year

    Reserve: 370 tons (estimated)

    Production: 2,200,000 tons (concentrate) per year

    Reserve: 119,000,000 tons (estimated)

    Lead and Zinc:
    Production: 6,700 tons(concentrate)

    Reserve: 105,000,000 tons (Estimated)

    wmc.org.plUSGS Report

    Reserve: 118,000,000 tonnes (estimated)

    Reserve: 28,490,000 tons (estimated)

    Production: 5 tons per annum

    Reserve: 1000 tons (estimated)

    Production: 1,477,000 tons

    bgs.ac.uk

    Lead and Zinc
    Production: 6,700 tons / annum (concentrate)

    Reserve: 105,000,000 tons (estimated)

    wmc.org.pl

Priority Sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Serbia
  • Fresh, frozen & processed fruits and vegetables pulses
  • Sunflower
  • Soya
India's top export to Serbia
  • Agriculture machinery such as trucks, tractors, combine harvester
  • Tropical fruits
  • Tea and coffee

Bilateral Investors

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