Country Information Export Development Canada Europe and CIS


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Evaluating the market in Serbia

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position – Open on a restricted basis

Open on restricted basis

What this means:

  • Responsive approach to business
  • EDC solutions are available on a restricted basis
How does EDC determine the position?

Risk Rating

EDC Country Position – Medium Risk

Medium Risk

What this means:

The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.

How does EDC determine the risk rating?

Business environment in Serbia

Serbia has a transitional economy with significant state sector dominance, although privatization of national assets is on-going. The economy relies on manufacturing and exports, driven largely by foreign investment. The country has made progress towards EU membership (January 2014, Serbia started membership talks with the European Union (EU)) and is also pursuing membership negotiations with the WTO; however  lack of transparency remains an issue. Canada has established but 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
International Trade Solutions

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Interested in growing your business in this market?

Speak to a Trade Advisor weekdays between 9 am to 5 pm EST.


Or send us a question and we'll get back to you as soon as possible. Send a question

Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC