Since 2009 when Belarus and Serbia signed an intergovernmental free trade agreement, the trade between the two countries surged almost 5 times to exceed $250 million in 2015.
Belarusian-Serbian trade ($ million):
2009 - 53.4
2010 - 116.4
2011 - 145.4
2012 - 149.2
2013 - 192.1
2014 - 245.5
2015 - 259.7
2016 - 113.7
2017 (January-February) - 23.8.
Belarus' major exports to Serbia:
items made of ferrous metals
synthetic fibers and yarns
electric motors and generators
Serbia's major export to Belarus:
fruit and vegetables
products made of plastic
machine tools for metal processing, etc.
In Belarus, Serbian investors and business are implementing big development projects – Mayak Minska and Minsk Mir.
In Serbia there are plants assembling Belarusian tractors and buses. A project to start assembling low-power tractors is nearing completion.
Source: Belarus' Ministry of Foreign Affairs, Belarusian Statistics Committee.