India's view of the world · A factual referenceLast updated 12 May 2026 · Edition 04

COUNTRY RELATIONSHIP · SERBIA

India & Serbia

BILATERAL PARTNERPHARMA EXPORTSDEFENCE COOPERATIONYUGOSLAVIA LEGACYEU CANDIDATE

India and Serbia share a relationship built on the legacy of exceptionally warm India-Yugoslavia ties — Yugoslavia was a co-founder of the Non-Aligned Movement alongside India, and Belgrade and New Delhi enjoyed decades of close cooperation. After Yugoslavia's dissolution, India has maintained strong ties with Serbia as its principal successor state, with pharmaceutical exports, defence cooperation (including MiG maintenance), and political alignment on sovereignty issues defining the contemporary relationship.

COOPERATION AREAS

Where India and Serbia actually work together

4 active areas of cooperation, as of July 2026. Click any card for the full brief.

TRADE & INVESTMENT

By the numbers

Estimates based on DGFT and UN Comtrade data, FY 2023–24. Pharmaceuticals dominate India's exports; machinery and chemicals are leading imports.

$520m
Total bilateral trade in goods
$350m
India exports to country
$170m
India imports from country

Trade trajectory · USD bn

FY19FY22FY24
$0.52bnin FY24 · click a bar to compare years

TOP TRADED ITEMS

AGREEMENTS & MILESTONES

The relationship since 1948, in 7 dates

CURRENT STATE

Where things stand, 2026

The India-Serbia relationship is warm and stable, grounded in deep historical ties and current-day alignment on key diplomatic positions (Kosovo, UN reform, sovereignty norms). Trade is growing; pharmaceuticals lead India's exports and defence cooperation continues through MiG servicing and other channels. Serbia's EU membership process has not disrupted its independent foreign policy, and India-Serbia ties remain strong independent of the EU-India track.

SIGNALS TO WATCH

On track / positive momentum
In progress / worth watching
Stalled or facing headwinds
Not yet started / unclear

QUICK FACTS

CapitalBelgrade
Population6.8 million
RegionEurope
Diplomatic tiesSince 2006

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Last updated: July 2026