Sector footprint
$499.5M in exports
Reported machinery and electrical equipment exports in 2024 across 92 qualifying HS6 products.
Sector export playbook ยท HS 84-85
Serbia Machinery and electrical equipment exports
where capability meets demand
Explore Serbia's HS 84-85 product portfolio, buyer markets, growth signals, and diversification opportunities. Use this guide to prioritize research, not to treat calculated indicators as guaranteed sales.
Sector exports$499.5M2024 reported value
Products92Qualifying HS6 products
Buyer markets47Markets represented
Average CAGR+27.7%Product-level growth signal
Global sector size$2.7TReported buyer imports
Machinery and electrical equipment capability
How strong is Serbia in this sector?
Compare exporter scale with product breadth, buyer demand, growth, and destination reach. A large sector does not remove the need for product, compliance, pricing, and buyer validation.
Global demand
$2.7T buyer imports
The sector's reported buyer import base provides context for product and market prioritization.
How to use the guide
Find the next credible move
Start with products that combine demand and exporter capability, then validate standards, route economics, buyers, and competition.
Product portfolio
Which products anchor the sector?
Each HS6 product is ranked by calculated opportunity and shown with reported market size, exporter exports, growth, and destination reach.
| Product | Global size | Your exports | Opportunity | CAGR | Markets | Share |
|---|---|---|---|---|---|---|
| HS 851712Telephones for cellular networks or for other wireless networks | $311.0B | $108.2M | $286.4B | +65.6% | 37 | +0.0% |
| HS 854231Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits | $382.4B | $5.2M | $191.2B | +31.5% | 15 | +0.0% |
| HS 854239Electronic integrated circuits: n.e.c. in heading no. 8542 | $286.3B | $1.2M | $158.0B | +11.2% | 15 | +0.0% |
| HS 847130Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display | $122.0B | $2.4M | $102.7B | +20.7% | 25 | +0.0% |
| HS 854232Electronic integrated circuits: memories | $129.3B | $51.5K | $96.1B | +9.2% | 3 | +0.0% |
| HS 850760Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) | $92.6B | $475.2K | $90.5B | +13.2% | 21 | +0.0% |
| HS 847150Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units | $105.1B | $3.5M | $69.5B | +69.0% | 15 | +0.0% |
| HS 851762Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus | $159.2B | $4.2M | $67.3B | +12.9% | 28 | +0.0% |
| HS 847180Data processing machines: automatic, units thereof n.e.s. in heading no. 8471 | $69.0B | $694.7K | $65.9B | +6.7% | 9 | +0.0% |
| HS 847330Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units | $124.0B | $1.4M | $56.7B | +9.7% | 15 | +0.0% |
| HS 841191Turbines: parts of turbo-jets and turbo-propellers | $76.9B | $90.9M | $43.0B | +54.4% | 11 | +0.1% |
| HS 851770Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts | $52.5B | $1.4M | $42.9B | +17.3% | 13 | +0.0% |
| HS 854140Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes | $50.1B | $1.5M | $40.8B | +32.4% | 15 | +0.0% |
| HS 850440Electrical static converters | $61.0B | $27.7M | $26.9B | +26.7% | 17 | +0.0% |
| HS 853400Circuits: printed | $32.6B | $768.9K | $22.6B | +30.7% | 10 | +0.0% |
| HS 853710Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts | $42.4B | $110.5M | $20.5B | +48.0% | 6 | +0.2% |
| HS 854430Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships | $26.0B | $5.7M | $20.1B | +53.9% | 5 | +0.1% |
| HS 852351Semiconductor media: solid-state non-volatile storage devices, whether or not recorded, excluding products of Chapter 37 | $32.3B | $10.7K | $18.3B | +12.7% | 4 | +0.0% |
| HS 852990Reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors | $25.5B | $146.9K | $17.8B | +33.7% | 5 | +0.0% |
| HS 847170Data processing machines: storage units | $28.6B | $69.5K | $13.3B | +5.6% | 4 | +0.0% |
| HS 852872Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen | $15.6B | $18.5K | $12.6B | +1.4% | 3 | +0.0% |
| HS 848690Machines and apparatus of heading 8486: parts and accessories | $18.6B | $83.5K | $12.4B | +39.8% | 4 | +0.0% |
| HS 852580Television cameras, digital cameras and video camera recorders | $24.8B | $1.7M | $11.5B | +14.7% | 8 | +0.0% |
| HS 854370Electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543 | $22.2B | $4.2M | $9.0B | +35.9% | 4 | +0.0% |
| HS 853690Electrical apparatus: n.e.s. in heading no. 8536, for switching or protecting electrical circuits, for a voltage not exceeding 1000 volts | $16.8B | $489.5K | $8.6B | +28.7% | 4 | +0.0% |
| HS 847149Data processing machines: digital, automatic, (not portable, analogue or hybrid), presented in the form of systems, n.e.s. in item no. 8471.41 | $10.4B | $1.4M | $8.5B | +34.7% | 4 | +0.0% |
| HS 848180Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves | $20.4B | $2.0M | $8.4B | +32.1% | 5 | +0.0% |
| HS 852852Monitors: other than cathode-ray tube: capable of directly connecting to and designed for use with an automatic data processing machine of heading 84.71 | $9.7B | $741.6K | $8.2B | +39.7% | 3 | +0.0% |
| HS 841112Turbo-jets: of a thrust exceeding 25kN | $16.8B | $1.5M | $7.9B | +21.0% | 2 | +0.0% |
| HS 854129Electrical apparatus: transistors, (other than photosensitive), with a dissipation rate of 1W or more | $10.2B | $309.8K | $7.8B | +49.7% | 2 | +0.0% |
| HS 854442Insulated electric conductors: for a voltage not exceeding 1000 volts, fitted with connectors | $14.6B | $2.0M | $7.7B | +57.0% | 5 | +0.0% |
| HS 847989Machines and mechanical appliances: n.e.s. in item no. 8479.8, having individual functions | $19.8B | $756.8K | $7.0B | +23.1% | 4 | +0.0% |
| HS 842139Machinery: for filtering or purifying gases, other than intake air filters for internal combustion engines | $12.1B | $3.7M | $7.0B | +25.0% | 4 | +0.0% |
| HS 840991Engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft) | $13.5B | $5.3M | $6.9B | +65.8% | 4 | +0.0% |
| HS 840820Engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87 | $9.9B | $69.3K | $6.7B | -1.7% | 5 | +0.0% |
| HS 841590Air conditioning machines: with motor driven fan and elements for temperature control, parts thereof | $8.8B | $16.7K | $6.5B | +13.9% | 1 | +0.0% |
| HS 854233Electronic integrated circuits: amplifiers | $11.9B | $112.1K | $6.4B | +38.6% | 2 | +0.0% |
| HS 853224Electrical capacitors: fixed, ceramic dielectric, multilayer | $7.5B | $9.1K | $6.1B | +28.9% | 2 | +0.0% |
| HS 850980Electro-mechanical domestic appliances: with self-contained electric motor, other than vacuum cleaners of heading 85.08, n.e.c. in heading no. 8509 | $4.1B | $193.5K | $5.9B | +16.1% | 3 | +0.0% |
| HS 841810Refrigerators and freezers: combined refrigerator-freezers, fitted with separate external doors, electric or other | $6.8B | $270.1K | $5.9B | +24.8% | 1 | +0.0% |
| HS 854290Parts of electronic integrated circuits | $10.7B | $38.7K | $5.6B | -0.0% | 4 | +0.0% |
| HS 851220Lighting or visual signalling equipment: electrical, of a kind used on motor vehicles (excluding articles of heading no. 8539) | $10.3B | $23.6M | $5.4B | +34.9% | 3 | +0.2% |
| HS 841199Turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers) | $8.8B | $2.3M | $5.2B | +20.1% | 4 | +0.0% |
| HS 844399Printing machinery: parts and accessories, n.e.c. in item no. 8443.91 | $10.9B | $219.7K | $5.1B | +17.5% | 3 | +0.0% |
| HS 853890Electrical apparatus: parts suitable for use solely or principally with the apparatus of heading no. 8535, 8536 or 8537 | $8.2B | $7.1M | $4.8B | +41.7% | 2 | +0.1% |
| HS 854449Insulated electric conductors: for a voltage not exceeding 80 volts, not fitted with connectors | $8.8B | $1.3M | $4.3B | +12.4% | 3 | +0.0% |
| HS 851830Headphones and earphones, whether or not combined with a microphone, and sets consisting of a microphone and one or more loudspeakers | $5.1B | $167.1K | $3.3B | +80.3% | 1 | +0.0% |
| HS 840734Engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 1000cc | $6.3B | $5.0K | $3.2B | -1.7% | 2 | +0.0% |
| HS 840999Engines: parts for internal combustion piston engines (excluding spark-ignition) | $6.8B | $32.6M | $2.9B | +39.3% | 2 | +0.3% |
| HS 847160Units of automatic data processing machines: input or output units, whether or not containing storage units in the same housing | $3.3B | $17.5K | $2.6B | +25.4% | 2 | +0.0% |
| HS 851679Electro-thermic appliances: n.e.c. in heading no. 8516, used for domestic purposes | $2.2B | $998.0 | $2.6B | -10.4% | 1 | +0.0% |
| HS 843149Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 | $5.8B | $28.2K | $2.5B | -2.6% | 2 | +0.0% |
| HS 841582Air conditioning machines: containing a motor driven fan, other than window or wall types, incorporating a refrigerating unit | $2.9B | $111.4 | $2.4B | -7.2% | 1 | +0.0% |
| HS 854110Electrical apparatus: diodes, other than photosensitive or light emitting diodes | $2.8B | $18.0K | $2.1B | +15.0% | 1 | +0.0% |
| HS 841451Fans: table, floor, wall, window, ceiling or roof fans, with a self-contained electric motor of an output not exceeding 125W | $2.1B | $186.2 | $2.0B | +2.1% | 1 | +0.0% |
| HS 846729Tools: for working in the hand, with self-contained electric motor: other than saws and drills | $3.7B | $370.0 | $1.9B | -1.1% | 1 | +0.0% |
| HS 853950Lamps: light-emitting diode (LED) lamps | $1.5B | $58.4 | $1.9B | -34.3% | 1 | +0.0% |
| HS 841869Refrigerating or freezing equipment: heat pumps, other than compression type units whose condensers are heat exchangers | $2.7B | $149.1 | $1.8B | -4.6% | 1 | +0.0% |
| HS 854470Insulated electric conductors: optical fibre cables | $2.3B | $20.5 | $1.7B | -8.5% | 1 | +0.0% |
| HS 850790Electric accumulators: parts n.e.c. in heading no. 8507 | $3.2B | $147.3K | $1.6B | +35.5% | 1 | +0.0% |
| HS 851660Ovens, cookers, cooking plates, boiling rings, grillers and roasters: of a kind used for domestic purposes (excluding microwaves) | $2.8B | $1.7K | $1.5B | +3.2% | 1 | +0.0% |
| HS 848190Taps, cocks, valves and similar appliances: parts thereof | $3.8B | $307.0K | $1.4B | +13.8% | 1 | +0.0% |
| HS 841480Pumps and compressors: for air, vacuum or gas, n.e.s. in heading no. 8414 | $4.0B | $483.0K | $1.4B | +27.7% | 1 | +0.0% |
| HS 851650Ovens: microwave, of a kind used for domestic purposes | $1.4B | $220.4 | $1.3B | -10.7% | 1 | +0.0% |
| HS 850710Electric accumulators: lead-acid, of a kind used for starting piston engines, including separators, whether or not rectangular (including square) | $2.4B | $768.6 | $1.3B | +14.7% | 1 | +0.0% |
| HS 850940Electro-mechanical domestic appliances: food grinders and mixers, fruit or vegetable juice extractors, with self-contained electric motor | $1.3B | $54.0 | $1.2B | +2.3% | 1 | +0.0% |
| HS 850300Electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502 | $4.3B | $3.6M | $1.2B | +26.3% | 1 | +0.1% |
| HS 853650Electrical apparatus: switches n.e.c. in heading no. 8536, for a voltage not exceeding 1000 volts | $3.0B | $1.6M | $1.2B | +83.4% | 1 | +0.1% |
| HS 842890Lifting machinery: handling, loading or unloading machinery n.e.s. in heading no. 8428 | $4.6B | $107.5K | $1.2B | +7.7% | 1 | +0.0% |
| HS 852721Radio-broadcast receivers not capable of operating without an external source of power, of a kind used in motor vehicles: combined with sound recording or reproducing apparatus | $2.6B | $8.2 | $1.2B | -13.8% | 1 | +0.0% |
| HS 850811Vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 W and having a dust bag or other receptacle capacity not exceeding 20L | $2.3B | $21.6 | $1.2B | -15.3% | 1 | +0.0% |
| HS 842952Mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure | $934.5M | $168.1K | $1.2B | +11.9% | 1 | +0.0% |
| HS 841330Pumps: fuel, lubricating or cooling medium pumps for internal combustion piston engines | $2.9B | $8.1K | $1.2B | +35.9% | 1 | +0.0% |
| HS 850131Electric motors and generators: DC, of an output not exceeding 750W | $2.7B | $3.1M | $1.1B | +63.3% | 1 | +0.1% |
| HS 852329Magnetic media: other than cards incorporating a magnetic stripe, whether or not recorded, excluding products of Chapter 37 | $2.2B | $191.2 | $1.1B | -5.8% | 1 | +0.0% |
| HS 851150Ignition or starting equipment: generators n.e.c. in heading no. 8511, of a kind used for spark or compression-ignition internal combustion engines | $1.5B | $726.9 | $1.1B | +7.5% | 1 | +0.0% |
| HS 851290Lighting or signalling equipment: electrical, (excluding articles of heading no. 8539), windscreen wipers, defrosters and demisters: parts, of those kinds used for cycles or motor vehicles | $1.9B | $30.4M | $1.1B | +131.6% | 1 | +1.6% |
| HS 853620Electrical apparatus: automatic circuit breakers, for a voltage not exceeding 1000 volts | $2.3B | $87.1 | $1.1B | -36.6% | 1 | +0.0% |
| HS 842129Machinery: for filtering or purifying liquids, n.e.c. in item no. 8421.2 | $894.8M | $51.7 | $1.1B | -36.5% | 1 | +0.0% |
| HS 841430Compressors: of a kind used in refrigerating equipment | $2.8B | $87.7K | $1.0B | +28.7% | 1 | +0.0% |
| HS 844331Printing, copying, and facsimile machines: machines which perform two or more of the functions of printing, copying or facsimile transmission, capable of connecting to an automatic data processing machine or to a network | $3.3B | $1.1K | $1.0B | +27.4% | 1 | +0.0% |
| HS 841360Pumps: rotary positive displacement pumps, n.e.s. in heading no. 8413, for liquids | $1.1B | $28.0K | $1.0B | +17.5% | 1 | +0.0% |
| HS 851310Lamps: portable, electric, designed to function by their own source of energy (excluding lighting equipment of heading no. 8512) | $917.7M | $34.0 | $1.0B | -16.5% | 1 | +0.0% |
| HS 851822Loudspeakers: multiple, mounted in the same enclosure | $1.9B | $1.0K | $1.0B | +2.3% | 1 | +0.0% |
| HS 841510Air conditioning machines: comprising a motor-driven fan and elements for changing the temperature and humidity, window or wall types, self-contained or split-system | $670.8M | $28.4K | $998.3M | +1.2% | 1 | +0.0% |
| HS 851769Communication apparatus (excluding telephone sets or base stations): machines for the transmission or reception of voice, images or other data (including wired/wireless networks), n.e.c. in item no. 8517.6 | $1.9B | $32.2K | $985.8M | +59.3% | 1 | +0.0% |
| HS 852859Monitors other than cathode-ray tube: other than of a kind solely or principally used in an automatic data processing system of heading 84.71 | $2.8B | $1.0M | $965.4M | +45.5% | 1 | +0.0% |
| HS 840890Engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for other than marine propulsion or the vehicles of chapter 87 | $3.0B | $3.7K | $951.0M | +7.2% | 1 | +0.0% |
| HS 850450Electrical inductors: n.e.c. in heading no. 8504 | $2.1B | $13.9K | $942.7M | +16.7% | 1 | +0.0% |
| HS 850490Electrical transformers, static converters and inductors: parts thereof | $2.9B | $961.9 | $927.0M | -17.3% | 1 | +0.0% |
| HS 852349Optical media: recorded, excluding products of Chapter 37 | $2.0B | $9.4K | $908.9M | -7.3% | 1 | +0.0% |
| HS 850140Electric motors: AC motors, single-phase | $1.6B | $0.4 | $897.5M | -32.0% | 1 | +0.0% |
Best markets
Where does sector demand concentrate?
Markets are ranked by calculated opportunity across the qualifying products in this sector view.
USA
USA, Puerto Rico and US Virgin Islands
77 products represented in the sector.
$406.4B$683.9B reported buyer importsCHN
China
34 products represented in the sector.
$354.7B$557.0B reported buyer importsHKG
China, Hong Kong Special Administrative Region
17 products represented in the sector.
$126.0B$178.9B reported buyer importsMEX
Mexico
29 products represented in the sector.
$81.8B$126.4B reported buyer importsDEU
Germany
23 products represented in the sector.
$72.1B$140.2B reported buyer importsSGP
Singapore
15 products represented in the sector.
$64.0B$107.2B reported buyer importsIND
India
14 products represented in the sector.
$58.1B$60.1B reported buyer importsTWN
Taiwan
12 products represented in the sector.
$56.8B$118.1B reported buyer importsKOR
Republic of Korea
14 products represented in the sector.
$52.8B$77.8B reported buyer importsJPN
Japan
14 products represented in the sector.
$51.1B$65.4B reported buyer importsARE
United Arab Emirates
4 products represented in the sector.
$42.6B$46.4B reported buyer importsNLD
Netherlands
12 products represented in the sector.
$38.4B$63.0B reported buyer importsGrowth stars
Which products show the strongest growth?
Average product-level CAGR is a screening signal. Confirm the latest trend, base effects, buyer quality, and commercial feasibility before acting.
| Product | Average CAGR | Opportunity | Markets |
|---|---|---|---|
| HS 851290Lighting or signalling equipment: electrical, (excluding articles of heading no. 8539), windscreen wipers, defrosters and demisters: parts, of those kinds used for cycles or motor vehicles | +131.6% | $1.1B | 1 |
| HS 853650Electrical apparatus: switches n.e.c. in heading no. 8536, for a voltage not exceeding 1000 volts | +83.4% | $1.2B | 1 |
| HS 851830Headphones and earphones, whether or not combined with a microphone, and sets consisting of a microphone and one or more loudspeakers | +80.3% | $3.3B | 1 |
| HS 847150Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units | +69.0% | $69.5B | 15 |
| HS 840991Engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft) | +65.8% | $6.9B | 4 |
| HS 851712Telephones for cellular networks or for other wireless networks | +65.6% | $286.4B | 37 |
| HS 850131Electric motors and generators: DC, of an output not exceeding 750W | +63.3% | $1.1B | 1 |
| HS 851769Communication apparatus (excluding telephone sets or base stations): machines for the transmission or reception of voice, images or other data (including wired/wireless networks), n.e.c. in item no. 8517.6 | +59.3% | $985.8M | 1 |
| HS 854442Insulated electric conductors: for a voltage not exceeding 1000 volts, fitted with connectors | +57.0% | $7.7B | 5 |
| HS 841191Turbines: parts of turbo-jets and turbo-propellers | +54.4% | $43.0B | 11 |
Diversification opportunities
Which products reach the widest buyer base?
Destination count is a simple breadth indicator. It does not measure destination concentration or guarantee resilience.
HS 851712
Telephones for cellular networks or for other wireless networks
37 markets$286.4B calculated opportunityHS 851762
Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
28 markets$67.3B calculated opportunityHS 847130
Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display
25 markets$102.7B calculated opportunityHS 850760
Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square)
21 markets$90.5B calculated opportunityHS 850440
Electrical static converters
17 markets$26.9B calculated opportunityHS 854231
Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
15 markets$191.2B calculated opportunityHS 854239
Electronic integrated circuits: n.e.c. in heading no. 8542
15 markets$158.0B calculated opportunityHS 847150
Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units
15 markets$69.5B calculated opportunityFrequently asked questions
Using the Machinery and electrical equipment export playbook
Practical guidance for interpreting sector scale, growth, product breadth, and buyer markets.
How strong is Serbia in this sector?
Compare sector exports, product breadth, buyer markets, growth, and global demand. These signals identify research priorities rather than guarantee market access.
What are growth stars?
Products with higher average reported growth in the screened rows. Validate the time period, base effects, buyer demand, and current exporter position.
What does diversification mean here?
Products reaching more buyer markets in the screened data. Destination breadth is useful context but does not replace concentration, route, or buyer analysis.
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.