FRIDAY, OCTOBER 9, 2026|No. 18065
Business · Technology · Serbia

Serbian Defense Industry Drives High-Tech Export Growth

Serbia's high-tech exports surged 553% to €1.44 billion since 2013, driven mainly by the defense industry, but remain concentrated in a few sectors reliant on foreign supply chains.

Serbian defense industry components are a key driver of the country's high-tech export boom.
Serbian defense industry components are a key driver of the country's high-tech export boom.
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Defense Industry in the Expansion of Serbian 'High-Tech' Exports

Serbian high-tech exports look more impressive in a superficial glance at statistics than in industrial reality. Figures from the last ten years show explosive growth in high-tech exports of more than five times, but beneath the surface remains a structure that is still narrowly concentrated, reliant on foreign production chains, and largely tied to a few industrial niches: aviation components, energy systems, and electrical cabinets. In absolute terms, Serbia's high-tech exports reached €1.44 billion in 2025, which is 553% more than in 2013.

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