economy
March 10, 2026
Which countries does Serbia export most oil derivatives to and in what quantities?
Bosnia and Herzegovina, Bulgaria, and Montenegro are the countries to which Serbia exported the most oil and oil derivatives during 2025, according to official statistics. As much as 41 percent of Serbia's total exports in this sector go to Bosnia and Herzegovina, N1 reports.
TL;DR
- Bosnia and Herzegovina, Bulgaria, and Montenegro were Serbia's largest importers of oil and oil derivatives in 2025.
- Bosnia and Herzegovina accounted for 41% of Serbia's total oil derivative exports in 2025.
- The Serbian government has implemented a temporary ban on exporting diesel, gasoline, and crude oil until March 19th to protect the domestic market.
- Overall oil and derivative exports decreased by 13.6% in 2025 compared to 2024, valued at $430.2 million.
- Imports of oil and derivatives were significantly higher than exports, reaching $2.29 billion in 2025, a 12.1% decrease from 2024.
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