Evaluating the market in Serbia

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Read the latest Government of Canada travel advisory for this market.

Business environment in Serbia

Serbia has a transitional economy with significant state sector dominance, although privatization of national assets is ongoing. The economy relies on manufacturing and exports, driven largely by foreign investment. The country has made progress towards European Union membership and is also pursuing membership negotiations with the WTO. However, a lack of transparency remains an issue. Canada has established a limited trade and investment relationship with Serbia, although there is potential for opportunities across a wide range of sectors.
  • Agriculture
  • Construction & Infrastructure
  • Mining & Metals 
  • Oil and Gas
  • Power
  • Telecom



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