Key Market Indicators
Serbian truck exports are projected to reach approximately $57 million by 2028, up from around $47 million in 2023. This marks a compound annual growth rate (CAGR) of 3.2%. Since 2010, Serbia's truck supply has increased by an average of 3.4% annually. In 2023, Serbia ranked 45th globally, with Luxembourg surpassing it with the same export value of $47 million. The United States, Germany, and France occupied the second, third, and fourth positions, respectively. On the import front, Serbian truck imports are expected to climb to about $206 million by 2028, from roughly $184 million in 2023, growing at a CAGR of 1.9%. Since 2010, the country's truck import demand has seen a modest annual increase of 0.2%.