In 2016 industrial equipment import decreased by 27.92%, according to data published by United Nations Statistical Office. Industrial equipment import diminished by 54 192 kilogram, contrarily to the prior year when it rose by 144.66 percent. Serbia saw a fall of 80.36% in industrial equipment import during the last 12 years. Furthermore, it has attained a negative CAGR of 0.21% during the last 5 years with a modest overall drop since the start of observations. It averaged 335 283.33 kilogram from 2005 to 2016 and it reached its all-time high of 712 514 kilogram in 2005 and record low of 8 615 kilogram in 2009.