Defense industry of Serbia

The defense industry of Serbia is the largest in the Western Balkans. According to 2016 estimates, Serbia's export of weapons and military equipment was valued at €449 million.

Military companies in export include:
 * Zastava Arms, firearms and artillery
 * Yugoimport SDPR, anti-armour, artillery systems, armoured vehicles, combat boats, designed by Military Technical Institute Belgrade and EDePro
 * Utva Aviation Industry, general aviation
 * Krušik Valjevo, missiles, rockets, grenades, mines, artillery ammunition
 * Sloboda Čačak, ammunition
 * Prvi Partizan, ammunition