Earlier Report Observations
Imports of agricultural and poultry machinery in Bosnia and Herzegovina fluctuated between 2018 and 2020, then began a strong upward trend from 2021, reaching 14.3 million USD by 2025. This surge coincided with the country's Strategic Plan for Rural Development and sustained European Union funding aimed at modernizing farm equipment and processes, which raised demand for advanced machinery.
Domestic production of machinery increased to 3.8 million USD in 2022, supported by EU projects focusing on innovation and digitalization in agriculture. However, production subsequently fell to 2.6 million USD in 2024, while imports continued to grow sharply. As a result, the total market volume expanded from 6.9 million USD in 2021 to 11.1 million USD in 2024, indicating that modernization needs were increasingly met by imported equipment.
Ongoing alignment with EU agricultural standards and the emergence of new market segments, such as organic production, further stimulated machinery demand. The policy framework emphasizing digitalization and EU integration provided a consistent backdrop for market development throughout the period.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2021-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2021-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Bosnia and Herzegovina
- 5.1.1. In value, 2021-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In value, 2018-2024, K $ US
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5.1. Production in Bosnia and Herzegovina
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production agricultural and poultry machinery in Bosnia and Herzegovina
In value, 2018-2021, K $ US
Annual dynamics of production in Bosnia and Herzegovina in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports agricultural and poultry machinery from Bosnia and Herzegovina
Exports in kind, t
Bosnia and Herzegovina's exports of agricultural and poultry machinery have grown for the third year in a row. In 2021, the country exported 60.4 tonnes, marking a significant 73.2% increase compared to the previous year. Looking at the period from 2018 to 2021, exports surged by 125.3%, with an average annual growth rate of 31.1%.
Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 12.0% | 16.1% | 73.2% | 31.1% |
From 2018 to 2021, the main buyers of agricultural and poultry machinery from Bosnia and Herzegovina were Serbia, Croatia, and Germany. Serbia accounted for 39.8% of exports in kind, Croatia for 20.5%, and Germany for 14.7%. Together, these three countries made up 75.0% of total exports in kind.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Bosnia and Herzegovina in kind, 2018-2021
Exports in value, K $ US
After two years of growth, the value of agricultural and poultry machinery exports from Bosnia and Herzegovina fell in 2021. Exports totaled 165 thousand US dollars, a sharp 45.4% drop from 2020. Over the 2018-2021 period, exports declined by 42.2%, with an average annual decrease of 16.7%. The peak value was recorded in 2020 at 303 thousand US dollars, which also saw the largest increase of 4.8%.
Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.1% | 4.8% | (45.4%) | (16.7%) |
Between 2018 and 2021, Germany, Croatia, and France were the top destinations for Bosnia and Herzegovina's agricultural and poultry machinery exports in value terms. Germany led with 33.4% of exports, followed by Croatia at 16.1% and France at 16.0%. Combined, these three countries represented 65.5% of total export value.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Bosnia and Herzegovina in value, 2018-2021
Imports agricultural and poultry machinery to Bosnia and Herzegovina
Imports in kind, t
Following a two-year decline, Bosnia and Herzegovina's imports of agricultural and poultry machinery rebounded in 2021. Imports reached 615.3 tonnes, a notable 14.1% rise from the previous year. However, over the 2018-2021 period, imports overall decreased by 15.1%, with an average annual decline of 5.3%. The lowest point was in 2020 at 539.0 tonnes, which also experienced the largest drop of 20.6%.
Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.3%) | (20.6%) | 14.1% | (5.3%) |
From 2018 to 2021, Germany, Serbia, and the Netherlands were the largest suppliers of agricultural and poultry machinery to Bosnia and Herzegovina in terms of volume. Germany contributed 36.1% of imports in kind, Serbia 15.6%, and the Netherlands 9.0%. Together, these three countries accounted for 60.7% of total imports in kind.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Bosnia and Herzegovina in kind, 2018-2021
Imports in value, K $ US
After two years of decline, the value of agricultural and poultry machinery imports into Bosnia and Herzegovina increased in 2021. Imports totaled 3 826 thousand US dollars, a substantial 19.4% year-on-year gain. Despite this, between 2018 and 2021, imports fell by 8.6%, translating to an average annual decrease of 3.0%. The lowest value was in 2020 at 3 205 thousand US dollars, which also saw the largest decline of 15.4%.
Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (9.5%) | (15.4%) | 19.4% | (3.0%) |
In the period from 2018 to 2021, Germany, Serbia, and the Netherlands were the key markets for Bosnia and Herzegovina's agricultural and poultry machinery imports in value terms. These three countries together accounted for 65.5% of total import value.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Bosnia and Herzegovina in value, 2018-2021
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