View over Kragujevac, the center of Serbia's automotive industry

Sector

Automotive Components

A supplier base built to serve European automakers, with openings for American suppliers, buyers, and manufacturing partners.

The opportunity

Serbia's automotive sector has grown into a dense supply chain spanning tires, wire harnesses, engine components, and vehicle assembly, concentrated around Kragujevac and other industrial centers.

Automobiles are the leading U.S. import from Serbia, and global tire producers including Michelin, Linglong, and Toyo Tires manufacture in the country.

Where partnerships form

Component sourcing, contract manufacturing, joint ventures with regional suppliers, and supply relationships serving European production.

How we help

We connect counterparts through market entry support, business missions, and deal support through to signed agreements.

The corridor in numbers

Automotive at a glance

~130

Companies in Serbia's automotive supply chain.

Source: EY-Parthenon Serbia, 2025

€8B

Automotive sector exports in 2024.

Source: EY-Parthenon Serbia, 2025

100,000+

People employed in the sector.

Source: EY-Parthenon Serbia, 2025

Figures reflect the most recent published data from official statistical agencies, central banks, government bodies, and recognized research sources as of September 2026. Values are reported in the currency of the original source.

Exploring automotive partnerships across the Atlantic?

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