Wheat — Terms of trade in Serbia
Serbia: Wheat — Terms of trade was 73.91 % in 2024. ▼ Falling
Wheat — Terms of trade in Serbia, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for wheat — terms of trade in Serbia is 73.91 %, measured in 2024.
Compared with earlier readings it is down 12.7% on the previous year and down 61.1% over ten years.
Over the whole period, wheat — terms of trade in Serbia peaked at 190.21 % in 2014 and was at its lowest, 57.45 %, in 2017.
That places Serbia 56th out of 80 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Wheat — Terms of trade in Serbia, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 166.78 % | — |
| 2011 | 138.42 % | -17.0% |
| 2012 | 159.45 % | +15.2% |
| 2013 | 131.79 % | -17.3% |
| 2014 | 190.21 % | +44.3% |
| 2015 | 95.22 % | -49.9% |
| 2016 | 61.12 % | -35.8% |
| 2017 | 57.45 % | -6.0% |
| 2018 | 63.36 % | +10.3% |
| 2019 | 100.59 % | +58.8% |
| 2020 | 124.93 % | +24.2% |
| 2021 | 86.51 % | -30.8% |
| 2022 | 117.15 % | +35.4% |
| 2023 | 84.71 % | -27.7% |
| 2024 | 73.91 % | -12.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 116.44 % | 57.45 % | 190.21 % | 10 |
| 2020s | 97.44 % | 73.91 % | 124.93 % | 5 |
Countries ranked near Serbia
- 53 Kazakhstan 77.34 % compare
- 54 United Arab Emirates 77.04 % compare
- 55 Kenya 76.6 % compare
- 57 Dominican Republic 71.14 % compare
- 58 Saint Vincent and the Grenadines 69.39 % compare
- 59 China, Taiwan Province of 69.05 % compare
More agriculture & rural data for Serbia
- Agriculture, forestry, and fishing, value added (current US$), annual 14.89 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0328 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 501.36 current US$ per person (2025)
- Rural population, annual growth rate -1.24 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.3736 units per person (2025)
- Agriculture share gdp 3.29 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 3.29 (2025)
- Agricultural raw materials exports 2.0% (2007)
- Agricultural raw materials imports 1.6% (2007)
Frequently asked questions
- What is wheat — terms of trade in Serbia?
- Wheat — terms of trade in Serbia was 73.91 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest wheat — terms of trade recorded in Serbia?
- The highest recorded value was 190.21 % in 2014.
- What is the lowest wheat — terms of trade recorded in Serbia?
- The lowest recorded value was 57.45 % in 2017.
- How does Serbia rank for wheat — terms of trade?
- Serbia ranks 56th out of 80 countries with data for 2024.
- Is wheat — terms of trade rising or falling in Serbia?
- Over the last ten years it is down 61.1%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Wheat — Terms of trade. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK