2022
Exports | Imports
$1.34M | $5.12MWorld Rnk 60 / 159
Flag Rnk 338 / 1052
World Rnk 82 / 209
Flag Rnk 426 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 36 / 124
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.25Rnk 94 / 1025

About

Exports In 2022, Bosnia and Herzegovina exported $1.34M in Electric Furnaces, making it the 60th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 338th most exported product in Bosnia and Herzegovina. The main destination of Electric Furnaces exports from Bosnia and Herzegovina are: Namibia ($816k), Austria ($214k), Slovenia ($170k), Argentina ($44k), and Serbia ($26.8k).

The fastest growing export markets for Electric Furnaces of Bosnia and Herzegovina between 2021 and 2022 were Slovenia ($110k), Argentina ($37.2k), and Italy ($14.8k).

Imports In 2022, Bosnia and Herzegovina imported $5.12M in Electric Furnaces, becoming the 82nd largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 426th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Electric Furnaces primarily from: Serbia ($1.51M), Italy ($714k), Germany ($692k), Greece ($654k), and Slovenia ($477k).

The fastest growing import markets in Electric Furnaces for Bosnia and Herzegovina between 2021 and 2022 were Greece ($654k), Italy ($243k), and Serbia ($239k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Electric Furnaces from Bosnia and Herzegovina to the United States.

Latest Trends

Feb 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 Electric Furnaces. 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 (2022)$1.34M
IMPORTS (2022)$5.12M
NET TRADE (2022)-$3.78M

In 2022, Bosnia and Herzegovina exported $1.34M in Electric Furnaces. The main destinations of Bosnia and Herzegovina exports on Electric Furnaces were Namibia ($816k), Austria ($214k), Slovenia ($170k), Argentina ($44k), and Serbia ($26.8k).

In 2022, Bosnia and Herzegovina imported $5.12M in Electric Furnaces, mainly from Serbia ($1.51M), Italy ($714k), Germany ($692k), Greece ($654k), and Slovenia ($477k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Slovenia$110k (180%)
Argentina$37.2k (549%)
Italy$14.8k (2.47k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Bosnia and Herzegovina WERE (2021 - 2022):
Austria-$840k (-79.7%)
Croatia-$362k (-96.1%)
North Macedonia-$153k (-89%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bosnia and Herzegovina's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Bosnia and Herzegovina's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

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