2022
Exports
$7.22MWorld Rnk 56 / 187
Flag Rnk 175 / 1052
2022
PRODUCT COMPLEXITY IN Industrial Food Preperation Machinery
0.74Rnk 263 / 1025
2022
Imports
$15.6MWorld Rnk 101 / 221
Flag Rnk 202 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $7.22M in Industrial Food Preperation Machinery, making it the 56th largest exporter of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 175th most exported product in Bosnia and Herzegovina. The main destination of Industrial Food Preperation Machinery exports from Bosnia and Herzegovina are: Germany ($2.14M), Serbia ($1.03M), Austria ($834k), Denmark ($761k), and Slovenia ($539k).

The fastest growing export markets for Industrial Food Preperation Machinery of Bosnia and Herzegovina between 2021 and 2022 were Germany ($1.43M), Serbia ($484k), and Slovenia ($275k).

Imports In 2022, Bosnia and Herzegovina imported $15.6M in Industrial Food Preperation Machinery, becoming the 101st largest importer of Industrial Food Preperation Machinery in the world. At the same year, Industrial Food Preperation Machinery was the 202nd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Industrial Food Preperation Machinery primarily from: Serbia ($3.23M), Italy ($2.36M), Germany ($1.69M), Croatia ($1.59M), and Turkey ($1.5M).

The fastest growing import markets in Industrial Food Preperation Machinery for Bosnia and Herzegovina between 2021 and 2022 were Poland ($618k), Slovenia ($332k), and Japan ($218k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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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 Industrial Food Preperation Machinery. 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)$7.22M
IMPORTS (2022)$15.6M
NET TRADE (2022)-$8.43M

In 2022, Bosnia and Herzegovina exported $7.22M in Industrial Food Preperation Machinery. The main destinations of Bosnia and Herzegovina exports on Industrial Food Preperation Machinery were Germany ($2.14M), Serbia ($1.03M), Austria ($834k), Denmark ($761k), and Slovenia ($539k).

In 2022, Bosnia and Herzegovina imported $15.6M in Industrial Food Preperation Machinery, mainly from Serbia ($3.23M), Italy ($2.36M), Germany ($1.69M), Croatia ($1.59M), and Turkey ($1.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Food Preperation Machinery EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Germany$1.43M (203%)
Serbia$484k (88.7%)
Slovenia$275k (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Food Preperation Machinery BY Bosnia and Herzegovina WERE (2021 - 2022):
Italy-$621k (-62.1%)
Denmark-$457k (-37.5%)
Croatia-$201k (-30.3%)

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 Industrial Food Preperation Machinery were:
In 2022, Bosnia and Herzegovina's main importing competitors in Industrial Food Preperation Machinery were:

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Trade Value of Industrial Food Preperation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $884k
TOP IMPORT POTENTIALItaly+ $949k

Industrial Food Preperation Machinery’s highest export potential is Germany. With an export gap of $884k.   Industrial Food Preperation Machinery’s highest import potential is Italy with an import gap of $949k.

See methodology.

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