Weighing machines excluding balances with sensitivity of 5 cg or better including weight-operated counting or checking machines and weights of all kinds market in Bosnia and Herzegovina

Earlier Report Observations

The import value of weighing machines into Bosnia and Herzegovina fluctuated significantly, rising from 1.9 million US dollars in 2018 to a peak of 3.9 million in 2024 before moderating in 2025. Export values remained substantially lower but also varied, reaching a high of 157 thousand dollars in 2022.

Available market size data from 2021 shows the market was valued at 2.9 million dollars that year, dipped to 2.7 million in 2022, recovered to 2.9 million in 2023, and then surged to 3.9 million in 2024. This sharp increase in 2024 was accompanied by a simultaneous rise in import value.

Domestic production of weighing machines increased from 152 thousand dollars in 2021 to 205 thousand in 2023, but then declined to 110 thousand in 2024, indicating volatility in local manufacturing output during the period.

Production weighing machines and weights in Bosnia and Herzegovina

In value, 2018-2021, K $ US

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

Exports weighing machines and weights from Bosnia and Herzegovina

Exports in kind, t

The data shows irregular changes, indicating a volatile market environment. Exports bottomed in 2018 and peaked in 2019, with a 3.8-fold difference between these years. In 2021, Bosnia and Herzegovina exported 2.1 tonnes of weighing machines (excluding balances with sensitivity of 5 centigrams or better, including weight-operated counting or checking machines and weights of all kinds), marking a sharp increase of 89.9% compared to the previous year. The maximum value was recorded in 2019 at 4.1 tonnes. The largest decline occurred in 2020, falling by 73.1%, while the largest increase was in 2019, rising by 279.5%.

Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, t

From 2018 to 2021, three principal markets—Germany, Croatia, and Austria—together accounted for 50.5% of total exports in kind of weighing machines (excluding balances with sensitivity of 5 centigrams or better, including weight-operated counting or checking machines and weights of all kinds) from Bosnia and Herzegovina.

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

Volatility characterized the market behavior during these years. Exports bottomed in 2018 and peaked in 2019, with a 5.6-fold difference between these years. In 2021, weighing machines (excluding balances with sensitivity of 5 centigrams or better, including weight-operated counting or checking machines and weights of all kinds) exported from Bosnia and Herzegovina reached 71 000 US dollars, representing a 120.8% gain compared to 2020. The maximum value was recorded in 2019 at 89 000 US dollars. The largest decline occurred in 2020, falling by 63.9%, while the largest increase was in 2019, rising by 457.6%.

Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2021, K $ US

Throughout 2018 to 2021, Austria (33.1% of exports in value terms), Slovenia (26.4% of exports in value terms), and Croatia (18.0% of exports in value terms) formed the core of exports in value terms, together accounting for 77.5% of total flows.

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 weighing machines and weights to Bosnia and Herzegovina

Imports in kind, t

Bosnia and Herzegovina imported a total of {value_last_year} tonnes of weighing machines (excluding balances with sensitivity of 5 centigrams or better, including weight-operated counting or checking machines and weights of all kinds) in 2021, which is 18.8% higher compared to 2020. Over the period 2018 to 2021, imports increased by 54.2%, with a compound annual growth rate (CAGR) of 15.5%. The largest decline occurred in 2020, falling by 4.2%, while the largest increase was in 2019, rising by 35.5%.

Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, t

From 2018 to 2021, China (50.4% of imports in kind), Serbia (19.3% of imports in kind), and Croatia (16.1% of imports in kind) were the main suppliers of weighing machines (excluding balances with sensitivity of 5 centigrams or better, including weight-operated counting or checking machines and weights of all kinds) to Bosnia and Herzegovina, together comprising 85.8% 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

In 2021, the volume of weighing machines (excluding balances with sensitivity of 5 centigrams or better, including weight-operated counting or checking machines and weights of all kinds) imported by Bosnia and Herzegovina reached 2 862 000 US dollars, showing a steep uptick of 47.9% compared to the previous year. Over the period 2018 to 2021, imports increased by 51.7%, with a compound annual growth rate (CAGR) of 14.9%. The largest decline occurred in 2020, falling by 23.1%.

Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2021, K $ US

From 2018 to 2021, China (40.6% of imports in value terms), Germany (15.4% of imports in value terms), and Serbia (9.5% of imports in value terms) were the principal destinations for imports in value terms, jointly accounting for 65.5% of total flows.

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