# Serbia Machinery and electrical equipment Export Opportunities (HS 84-85)

![Yugalinks](https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp)

> Yugalinks sector export playbook

Explore Serbia HS 84-85 machinery and electrical equipment export opportunities, product portfolio, buyer markets, growth signals, and diversification opportunities.

## Overview

- Exporter: Serbia (SRB)
- Sector: Machinery and electrical equipment
- HS chapters: HS 84-85
- Latest trade year: 2024
- Sector exports: $499.5M
- Products: 92
- Buyer markets: 47
- Average CAGR: +27.7%
- Global sector size: $2.7T

## Product portfolio

| Product | Global size | Your exports | Opportunity | CAGR | Markets | Share |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| HS 851712 - Telephones for cellular networks or for other wireless networks | $311.0B | $108.2M | $286.4B | +65.6% | 37 | +0.0% |
| HS 854231 - Electronic 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 854239 - Electronic integrated circuits: n.e.c. in heading no. 8542 | $286.3B | $1.2M | $158.0B | +11.2% | 15 | +0.0% |
| HS 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 | $122.0B | $2.4M | $102.7B | +20.7% | 25 | +0.0% |
| HS 854232 - Electronic integrated circuits: memories | $129.3B | $51.5K | $96.1B | +9.2% | 3 | +0.0% |
| HS 850760 - Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) | $92.6B | $475.2K | $90.5B | +13.2% | 21 | +0.0% |
| HS 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 | $105.1B | $3.5M | $69.5B | +69.0% | 15 | +0.0% |
| HS 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 | $159.2B | $4.2M | $67.3B | +12.9% | 28 | +0.0% |
| HS 847180 - Data processing machines: automatic, units thereof n.e.s. in heading no. 8471 | $69.0B | $694.7K | $65.9B | +6.7% | 9 | +0.0% |
| HS 847330 - Machines: 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 841191 - Turbines: parts of turbo-jets and turbo-propellers | $76.9B | $90.9M | $43.0B | +54.4% | 11 | +0.1% |
| HS 851770 - Telephone 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 854140 - Electrical 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 850440 - Electrical static converters | $61.0B | $27.7M | $26.9B | +26.7% | 17 | +0.0% |
| HS 853400 - Circuits: printed | $32.6B | $768.9K | $22.6B | +30.7% | 10 | +0.0% |
| HS 853710 - Boards, 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 854430 - Insulated 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 852351 - Semiconductor 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 852990 - Reception 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 847170 - Data processing machines: storage units | $28.6B | $69.5K | $13.3B | +5.6% | 4 | +0.0% |
| HS 852872 - Reception 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 848690 - Machines and apparatus of heading 8486: parts and accessories | $18.6B | $83.5K | $12.4B | +39.8% | 4 | +0.0% |
| HS 852580 - Television cameras, digital cameras and video camera recorders | $24.8B | $1.7M | $11.5B | +14.7% | 8 | +0.0% |
| HS 854370 - Electrical 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 853690 - Electrical 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 847149 - Data 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 848180 - Taps, 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 852852 - Monitors: 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 841112 - Turbo-jets: of a thrust exceeding 25kN | $16.8B | $1.5M | $7.9B | +21.0% | 2 | +0.0% |
| HS 854129 - Electrical 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 854442 - Insulated electric conductors: for a voltage not exceeding 1000 volts, fitted with connectors | $14.6B | $2.0M | $7.7B | +57.0% | 5 | +0.0% |
| HS 847989 - Machines 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 842139 - Machinery: 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 840991 - Engines: 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 840820 - Engines: 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 841590 - Air 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 854233 - Electronic integrated circuits: amplifiers | $11.9B | $112.1K | $6.4B | +38.6% | 2 | +0.0% |
| HS 853224 - Electrical capacitors: fixed, ceramic dielectric, multilayer | $7.5B | $9.1K | $6.1B | +28.9% | 2 | +0.0% |
| HS 850980 - Electro-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 841810 - Refrigerators 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 854290 - Parts of electronic integrated circuits | $10.7B | $38.7K | $5.6B | -0.0% | 4 | +0.0% |
| HS 851220 - Lighting 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 841199 - Turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers) | $8.8B | $2.3M | $5.2B | +20.1% | 4 | +0.0% |
| HS 844399 - Printing machinery: parts and accessories, n.e.c. in item no. 8443.91 | $10.9B | $219.7K | $5.1B | +17.5% | 3 | +0.0% |
| HS 853890 - Electrical 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 854449 - Insulated 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 851830 - Headphones 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 840734 - Engines: 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 840999 - Engines: parts for internal combustion piston engines (excluding spark-ignition) | $6.8B | $32.6M | $2.9B | +39.3% | 2 | +0.3% |
| HS 847160 - Units 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 851679 - Electro-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 843149 - Machinery: 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 841582 - Air 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 854110 - Electrical apparatus: diodes, other than photosensitive or light emitting diodes | $2.8B | $18.0K | $2.1B | +15.0% | 1 | +0.0% |
| HS 841451 - Fans: 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 846729 - Tools: 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 853950 - Lamps: light-emitting diode (LED) lamps | $1.5B | $58.4 | $1.9B | -34.3% | 1 | +0.0% |
| HS 841869 - Refrigerating 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 854470 - Insulated electric conductors: optical fibre cables | $2.3B | $20.5 | $1.7B | -8.5% | 1 | +0.0% |
| HS 850790 - Electric accumulators: parts n.e.c. in heading no. 8507 | $3.2B | $147.3K | $1.6B | +35.5% | 1 | +0.0% |
| HS 851660 - Ovens, 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 848190 - Taps, cocks, valves and similar appliances: parts thereof | $3.8B | $307.0K | $1.4B | +13.8% | 1 | +0.0% |
| HS 841480 - Pumps 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 851650 - Ovens: microwave, of a kind used for domestic purposes | $1.4B | $220.4 | $1.3B | -10.7% | 1 | +0.0% |
| HS 850710 - Electric 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 850940 - Electro-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 850300 - Electric 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 853650 - Electrical 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 842890 - Lifting 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 852721 - Radio-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 850811 - Vacuum 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 842952 - Mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure | $934.5M | $168.1K | $1.2B | +11.9% | 1 | +0.0% |
| HS 841330 - Pumps: fuel, lubricating or cooling medium pumps for internal combustion piston engines | $2.9B | $8.1K | $1.2B | +35.9% | 1 | +0.0% |
| HS 850131 - Electric motors and generators: DC, of an output not exceeding 750W | $2.7B | $3.1M | $1.1B | +63.3% | 1 | +0.1% |
| HS 852329 - Magnetic 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 851150 - Ignition 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 851290 - Lighting 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 853620 - Electrical apparatus: automatic circuit breakers, for a voltage not exceeding 1000 volts | $2.3B | $87.1 | $1.1B | -36.6% | 1 | +0.0% |
| HS 842129 - Machinery: 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 841430 - Compressors: of a kind used in refrigerating equipment | $2.8B | $87.7K | $1.0B | +28.7% | 1 | +0.0% |
| HS 844331 - Printing, 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 841360 - Pumps: 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 851310 - Lamps: 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 851822 - Loudspeakers: multiple, mounted in the same enclosure | $1.9B | $1.0K | $1.0B | +2.3% | 1 | +0.0% |
| HS 841510 - Air 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 851769 - Communication 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 852859 - Monitors 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 840890 - Engines: 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 850450 - Electrical inductors: n.e.c. in heading no. 8504 | $2.1B | $13.9K | $942.7M | +16.7% | 1 | +0.0% |
| HS 850490 - Electrical transformers, static converters and inductors: parts thereof | $2.9B | $961.9 | $927.0M | -17.3% | 1 | +0.0% |
| HS 852349 - Optical media: recorded, excluding products of Chapter 37 | $2.0B | $9.4K | $908.9M | -7.3% | 1 | +0.0% |
| HS 850140 - Electric motors: AC motors, single-phase | $1.6B | $0.4 | $897.5M | -32.0% | 1 | +0.0% |

## Best markets

- USA, Puerto Rico and US Virgin Islands (USA): $406.4B calculated opportunity across 77 products.
- China (CHN): $354.7B calculated opportunity across 34 products.
- China, Hong Kong Special Administrative Region (HKG): $126.0B calculated opportunity across 17 products.
- Mexico (MEX): $81.8B calculated opportunity across 29 products.
- Germany (DEU): $72.1B calculated opportunity across 23 products.
- Singapore (SGP): $64.0B calculated opportunity across 15 products.
- India (IND): $58.1B calculated opportunity across 14 products.
- Taiwan (TWN): $56.8B calculated opportunity across 12 products.
- Republic of Korea (KOR): $52.8B calculated opportunity across 14 products.
- Japan (JPN): $51.1B calculated opportunity across 14 products.
- United Arab Emirates (ARE): $42.6B calculated opportunity across 4 products.
- Netherlands (NLD): $38.4B calculated opportunity across 12 products.

## Growth stars

- HS 851290: +131.6% average CAGR, $1.1B calculated opportunity.
- HS 853650: +83.4% average CAGR, $1.2B calculated opportunity.
- HS 851830: +80.3% average CAGR, $3.3B calculated opportunity.
- HS 847150: +69.0% average CAGR, $69.5B calculated opportunity.
- HS 840991: +65.8% average CAGR, $6.9B calculated opportunity.
- HS 851712: +65.6% average CAGR, $286.4B calculated opportunity.
- HS 850131: +63.3% average CAGR, $1.1B calculated opportunity.
- HS 851769: +59.3% average CAGR, $985.8M calculated opportunity.
- HS 854442: +57.0% average CAGR, $7.7B calculated opportunity.
- HS 841191: +54.4% average CAGR, $43.0B calculated opportunity.

## Diversification opportunities

- HS 851712: 37 buyer markets, $286.4B calculated opportunity.
- HS 851762: 28 buyer markets, $67.3B calculated opportunity.
- HS 847130: 25 buyer markets, $102.7B calculated opportunity.
- HS 850760: 21 buyer markets, $90.5B calculated opportunity.
- HS 850440: 17 buyer markets, $26.9B calculated opportunity.
- HS 854231: 15 buyer markets, $191.2B calculated opportunity.
- HS 854239: 15 buyer markets, $158.0B calculated opportunity.
- HS 847150: 15 buyer markets, $69.5B calculated opportunity.
- HS 847330: 15 buyer markets, $56.7B calculated opportunity.
- HS 854140: 15 buyer markets, $40.8B calculated opportunity.

## Method

Reported trade observations and calculated indicators are shown separately. Validate buyers, standards, logistics, pricing, and competition before acting. [Read the Yugalinks methodology](https://www.yugalinks.com/methodology).

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.