Free Access to a Market of 1.3 bn Consumers

Free Access to a Market of more than 1.3 bn consumers

 

Externally, Serbia can serve as a manufacturing hub for duty-free exports to a market of more than 1.3 billion people that includes the European Union, the Russian Federation, USA, Japan, Australia, Kazakhstan, Turkey, South East Europe, the European Free Trade Agreement members, and Belarus.

This customs-free regime covers most key industrial products, with only a few exceptions and annual quotas for a limited number of goods.

       Free Acess to 1.3billion cost graph.png

Source: Statistical Office of the Republic of Serbia, 2018; World Bank, 2018