2023
Exports
$8.98MWorld Rnk 85 / 210
Flag Rnk 155 / 1050
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$694MWorld Rnk 86 / 225
Flag Rnk 2 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $8.98M in Cars, making it the 85th largest exporter of Cars in the world. At the same year, Cars was the 155th most exported product in Bosnia and Herzegovina. The main destination of Cars exports from Bosnia and Herzegovina are: Croatia ($2.4M), Slovenia ($1.48M), Germany ($1.47M), Montenegro ($643k), and Czechia ($549k).

The fastest growing export markets for Cars of Bosnia and Herzegovina between 2022 and 2023 were Croatia ($1.97M), Czechia ($549k), and Belarus ($345k).

Imports In 2023, Bosnia and Herzegovina imported $694M in Cars, becoming the 86th largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Cars primarily from: Germany ($278M), Czechia ($79.4M), France ($70.8M), Serbia ($29.4M), and Slovenia ($24.9M).

The fastest growing import markets in Cars for Bosnia and Herzegovina between 2022 and 2023 were Germany ($85.6M), Czechia ($23.2M), and France ($14.7M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$8.98M
IMPORTS (2023)$694M
NET TRADE (2023)-$685M

In 2023, Bosnia and Herzegovina exported $8.98M in Cars. The main destinations of Bosnia and Herzegovina exports on Cars were Croatia ($2.4M), Slovenia ($1.48M), Germany ($1.47M), Montenegro ($643k), and Czechia ($549k).

In 2023, Bosnia and Herzegovina imported $694M in Cars, mainly from Germany ($278M), Czechia ($79.4M), France ($70.8M), Serbia ($29.4M), and Slovenia ($24.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Croatia$1.97M (459%)
Czechia$549k (1%)
Belarus$345k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Bosnia and Herzegovina WERE (2022 - 2023):
Germany-$1.75M (-54.3%)
Kazakhstan-$602k (-68.2%)
Belgium-$461k (-79.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bosnia and Herzegovina's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Bosnia and Herzegovina's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.77M
TOP IMPORT POTENTIALGermany+ $44.7M

Cars’s highest export potential is Germany. With an export gap of $5.77M.   Cars’s highest import potential is Germany with an import gap of $44.7M.

See methodology.

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