Market research

Milk market in Bosnia and Herzegovina

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The milk market in Bosnia and Herzegovina, measured in value terms, showed substantial growth from 2021 to 2024. Market size increased from 102.8 million USD in 2021 to 141.0 million USD in 2024, marking a 37% rise over the period. This expansion was supported by a consistent increase in domestic production, which climbed from 120.3 million USD to 151.3 million USD.

Trade flows exhibited distinct trends between 2018 and 2025. Imports fluctuated, reaching a peak of 38.2 million USD in 2024 before declining to 31.8 million USD in 2025. Exports demonstrated a steady upward trajectory from 35.3 million USD in 2018 to 48.5 million USD in 2024, then eased slightly to 44.4 million USD in 2025.

Through 2024, the market dynamics reflected a strengthening domestic industry, with production growth contributing to a larger market value. The country maintained a net exporter position in value terms throughout most of the observed years.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In value
    1. 4.1.1.1. Production, 2021-2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2021-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bosnia and Herzegovina
  1. 5.1.1. In kind, 2018-2024, K t
  2. 5.1.2. In value, 2021-2024, M $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K t
  2. 5.2.2. In value, 2018-2024, M $ US
3. 5.3. Global production by Country, 2018-2023
  1. 5.3.1. Global Production by Country in kind
    1. 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, K t
    2. 5.3.1.2. Structure of production by countries in kind, 2018-2023
    3. 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production milk in Bosnia and Herzegovina

In value, 2018-2021, M $ US

Annual dynamics of production in Bosnia and Herzegovina in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

In kind, 2018-2021, K t

Top producers of milk, 2018-2021

Source: SHEV.io

World map of production of milk, 2018-2021

Source: SHEV.io

Milk production in Bosnia and Herzegovina has been declining for three consecutive years. In 2021, the country produced 169.1 thousand tons of milk, marking a sharp decline of 73.8% compared to the previous year. Over the period from 2018 to 2021, production decreased by 75.6%, with an average annual decline of 37.5%.

Annual dynamics of production in Bosnia and Herzegovina in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(5.2%)	(1.7%)	(73.8%)	(37.5%)

Source: SHEV.io

Exports milk from Bosnia and Herzegovina

Exports in kind, t

After two years of growth, milk exports from Bosnia and Herzegovina declined in 2021. Exports stood at 66 822 tons, representing a moderate decrease of 8.2% from the previous year. Between 2018 and 2021, exports overall increased by 8.3%, which translates to an average annual growth rate of 2.7%. The highest export volume was recorded in 2020 at 72 828 tons, while the largest increase occurred in 2019 with an 8.9% rise.

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	8.9%	8.4%	(8.2%)	2.7%

Source: SHEV.io

From 2018 to 2021, Serbia, Montenegro, and North Macedonia remained the primary buyers of milk from Bosnia and Herzegovina. Serbia accounted for 36.7% of exports in kind, Montenegro for 26.2%, and North Macedonia for 22.9%. Together, these three countries represented 85.8% of total milk exports in kind.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Bosnia and Herzegovina in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

Following two years of gains, cross-border shipments of milk from Bosnia and Herzegovina declined in 2021. The country exported 38 408 thousand US dollars worth of milk, showing a gradual decrease of 5.2% year-over-year. Over the period from 2018 to 2021, exports in value terms increased by 8.8%, equating to an average annual growth rate of 2.8%. The peak value was recorded in 2020 at 40 513 thousand US dollars, with the largest increase occurring that same year at 11.9%.

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	2.5%	11.9%	(5.2%)	2.8%

Source: SHEV.io

Between 2018 and 2021, Serbia, Montenegro, and North Macedonia were the main markets for milk exports in value terms. Serbia contributed 36.5% of exports, Montenegro 27.3%, and North Macedonia 23.9%. Collectively, these three countries accounted for 87.7% of total export flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Bosnia and Herzegovina in value, 2018-2021

Source: SHEV.io

Imports milk to Bosnia and Herzegovina

Imports in kind, t

Milk imports into Bosnia and Herzegovina showed noticeable fluctuations during the period. Volumes reached their lowest point in 2021 and peaked in 2019, with a 2.8-fold difference between these years. In 2021, imports totaled 19 174 tons, indicating a sharp decrease of 46.2% compared to 2020. The maximum import volume was recorded in 2019 at 53 858 tons, with the largest increase also occurring in 2019 at 121.0%.

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	121.0%	(33.8%)	(46.2%)	(7.7%)

Source: SHEV.io

From 2018 to 2021, Serbia and Croatia dominated as the main sources for milk imports in kind, jointly accounting for 81.6% of total flows. Other countries made up the remaining share.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Bosnia and Herzegovina in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

Milk imports into Bosnia and Herzegovina declined for the second consecutive year in 2021. Imports reached 20 977 thousand US dollars, corresponding to a contraction of 10.4% compared to 2020. Over the period from 2018 to 2021, imports decreased by 3.8%, with an average annual decline of 1.3%. The highest import value was recorded in 2019 at 31 639 thousand US dollars. The largest decline occurred in 2020 at 26.0%, while the largest increase was in 2019 at 45.1%.

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	45.1%	(26.0%)	(10.4%)	(1.3%)

Source: SHEV.io

Throughout 2018 to 2021, Croatia, Serbia, and Germany formed the core of milk imports in value terms. Croatia accounted for 31.8% of imports, Serbia for 26.9%, and Germany for 19.0%. Together, these three countries represented 77.8% of total import flows.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Bosnia and Herzegovina in value, 2018-2021

Source: SHEV.io