Market research

Unvulcanised rubber articles market in Bosnia and Herzegovina

Release date: Mar 29, 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 market for unvulcanised rubber articles in Bosnia and Herzegovina showed variable volume trends between 2019 and 2024, peaking at 579.6 t in the final year. In value terms, the market expanded steadily from USD 2.2 million to USD 3.2 million over the same period.

A notable surge in physical volume of 38% occurred in 2024, coinciding with a period of moderate economic growth and structural reforms aimed at boosting private sector manufacturing, which benefited industrial segments like rubber product production.

While market volume contracted in 2021-2022, the value continued to rise, indicating potential changes in product composition or average prices within the sector.

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 kind
    1. 4.1.1.1. Production, 2019-2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2019-2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2019-2024
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. Market size, 2019-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Bosnia and Herzegovina
  1. 5.1.1. In kind, 2019-2024, t
  2. 5.1.2. In value, 2019-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, K $ US
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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
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 unvulcanised rubber articles in Bosnia and Herzegovina

In value, 2018-2021, K $ US

Bosnia and Herzegovina's production of unvulcanised rubber articles increased for the second year in a row. In 2021, output reached 2 185 thousand US dollars, marking a significant 20.0% rise compared to the previous year. From 2019 to 2021, production grew by 33.3%, with an average annual growth rate of 10.0%.

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	11.1%	20.0%	-

Source: SHEV.io

In kind, 2018-2021, t

In 2021, Bosnia and Herzegovina produced 300.9 tonnes of unvulcanised rubber articles, showing a solid 10.4% increase from 2020. Between 2019 and 2021, production rose by 8.9%, equivalent to an annualized rate of 2.9%. The lowest output was recorded in 2020 at 272.4 tonnes, with the largest decline of 1.4% occurring that same year.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	(1.4%)	10.4%	-

Source: SHEV.io

Exports unvulcanised rubber articles from Bosnia and Herzegovina

Exports in kind, t

The market experienced noticeable fluctuations during this period. Exports reached their lowest point in 2021 at 0.2 tonnes, after peaking in 2020 at 0.6 tonnes, resulting in a threefold difference between these years. In 2021, foreign supplies of unvulcanised rubber articles from Bosnia and Herzegovina fell sharply by 66.6% compared to the previous year. The largest increase of 94.6% was recorded in 2020.

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	(33.1%)	94.6%	(66.6%)	(24.2%)

Source: SHEV.io

From 2018 to 2021, Montenegro, Croatia, and North Macedonia consistently served as the main destinations for exports in kind. Montenegro accounted for 40.7% of exports, Croatia for 30.5%, and North Macedonia for 18.7%, together making up 89.9% of total flows.

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

Exports of unvulcanised rubber articles from Bosnia and Herzegovina declined for the second consecutive year. In 2021, exports amounted to 2.4 thousand US dollars, indicating a 29.2% year-over-year reduction. Between 2018 and 2021, exports decreased by 36.3%, with an annualized rate of 14.0%. The highest value was recorded in 2019 at 4.0 thousand US dollars, when the largest increase of 7.1% occurred.

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	7.1%	(15.9%)	(29.2%)	(14.0%)

Source: SHEV.io

From 2018 to 2021, Montenegro, North Macedonia, and Croatia were the primary destinations for exports in value terms. Montenegro held 47.9% of exports, North Macedonia 23.6%, and Croatia 17.3%, collectively accounting for 88.8% of total flows of unvulcanised rubber articles from Bosnia and Herzegovina.

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 unvulcanised rubber articles to Bosnia and Herzegovina

Imports in kind, t

The market showed signs of volatility over the observed period. Import volumes peaked in 2018 and fell to their lowest in 2021, with a 3.8-fold difference between these years. In 2021, Bosnia and Herzegovina imported 55.3 tonnes of unvulcanised rubber articles, representing a 73.6% decrease from the prior year. The largest increase of 16.5% was recorded in 2020.

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	(14.3%)	16.5%	(73.6%)	(35.9%)

Source: SHEV.io

Between 2018 and 2021, Italy dominated imports in kind, accounting for 76.0% of total flows, while 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

Bosnia and Herzegovina imported approximately 352.3 thousand US dollars of unvulcanised rubber articles in 2021, reflecting a dramatic 46.2% year-over-year reduction. From 2018 to 2021, imports decreased by 54.9%, with an average annual decline of 23.3%. The largest increase of 13.0% was recorded in 2020.

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	(25.8%)	13.0%	(46.2%)	(23.3%)

Source: SHEV.io

Throughout 2018 to 2021, Italy, Germany, and Austria formed the core group of markets for imports in value terms. Italy accounted for 58.2% of imports, Germany for 20.8%, and Austria for 6.9%, together representing 85.8% of total 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