2022
Exports
$18.9MWorld Rnk 48 / 213
Flag Rnk 96 / 1052
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$23.6MWorld Rnk 73 / 225
Flag Rnk 155 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $18.9M in Interchangeable Tool Parts, making it the 48th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 96th most exported product in Bosnia and Herzegovina. The main destination of Interchangeable Tool Parts exports from Bosnia and Herzegovina are: Austria ($3.17M), Czechia ($2.65M), Serbia ($2.24M), Canada ($2.17M), and Slovenia ($1.8M).

The fastest growing export markets for Interchangeable Tool Parts of Bosnia and Herzegovina between 2021 and 2022 were Czechia ($1.97M), Hungary ($737k), and Austria ($506k).

Imports In 2022, Bosnia and Herzegovina imported $23.6M in Interchangeable Tool Parts, becoming the 73rd largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 155th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Interchangeable Tool Parts primarily from: Germany ($3.87M), Slovenia ($2.93M), Italy ($2.23M), Serbia ($2.2M), and China ($2.02M).

The fastest growing import markets in Interchangeable Tool Parts for Bosnia and Herzegovina between 2021 and 2022 were Hungary ($820k), Chinese Taipei ($482k), and China ($362k).

Latest Trends

Oct 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 Interchangeable Tool Parts. 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)$18.9M
IMPORTS (2022)$23.6M
NET TRADE (2022)-$4.67M

In 2022, Bosnia and Herzegovina exported $18.9M in Interchangeable Tool Parts. The main destinations of Bosnia and Herzegovina exports on Interchangeable Tool Parts were Austria ($3.17M), Czechia ($2.65M), Serbia ($2.24M), Canada ($2.17M), and Slovenia ($1.8M).

In 2022, Bosnia and Herzegovina imported $23.6M in Interchangeable Tool Parts, mainly from Germany ($3.87M), Slovenia ($2.93M), Italy ($2.23M), Serbia ($2.2M), and China ($2.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Czechia$1.97M (292%)
Hungary$737k (793%)
Austria$506k (19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Bosnia and Herzegovina WERE (2021 - 2022):
Slovenia-$879k (-32.8%)
Germany-$495k (-31.7%)
United States-$227k (-22%)

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 Interchangeable Tool Parts were:
In 2022, Bosnia and Herzegovina's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.48M
TOP IMPORT POTENTIALChina+ $1.69M

Interchangeable Tool Parts’s highest export potential is Germany. With an export gap of $1.48M.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $1.69M.

See methodology.

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