2023
Exports
$100MWorld Rnk 36 / 226
Flag Rnk 27 / 1050
2023
PRODUCT COMPLEXITY IN Iron Fasteners
1.67Rnk 25 / 1025
2023
Imports
$37.1MWorld Rnk 79 / 226
Flag Rnk 102 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $100M in Iron Fasteners, making it the 36th largest exporter of Iron Fasteners in the world. At the same year, Iron Fasteners was the 27th most exported product in Bosnia and Herzegovina. The main destination of Iron Fasteners exports from Bosnia and Herzegovina are: Italy ($47M), Germany ($30.8M), Austria ($10.9M), Turkey ($3.44M), and Russia ($1.25M).

The fastest growing export markets for Iron Fasteners of Bosnia and Herzegovina between 2022 and 2023 were Italy ($10.5M), Germany ($1.69M), and Russia ($1.19M).

Imports In 2023, Bosnia and Herzegovina imported $37.1M in Iron Fasteners, becoming the 79th largest importer of Iron Fasteners in the world. At the same year, Iron Fasteners was the 102nd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Iron Fasteners primarily from: China ($8.84M), Germany ($5.67M), Serbia ($4.73M), Chinese Taipei ($3.8M), and Slovenia ($2.21M).

The fastest growing import markets in Iron Fasteners for Bosnia and Herzegovina between 2022 and 2023 were Finland ($631k), Serbia ($480k), and Slovenia ($436k).

Latest Trends

Jan 2025

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 Iron Fasteners. 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)$100M
IMPORTS (2023)$37.1M
NET TRADE (2023)$63.2M

In 2023, Bosnia and Herzegovina exported $100M in Iron Fasteners. The main destinations of Bosnia and Herzegovina exports on Iron Fasteners were Italy ($47M), Germany ($30.8M), Austria ($10.9M), Turkey ($3.44M), and Russia ($1.25M).

In 2023, Bosnia and Herzegovina imported $37.1M in Iron Fasteners, mainly from China ($8.84M), Germany ($5.67M), Serbia ($4.73M), Chinese Taipei ($3.8M), and Slovenia ($2.21M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Fasteners EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Italy$10.5M (28.8%)
Germany$1.69M (5.8%)
Russia$1.19M (1.76k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Fasteners BY Bosnia and Herzegovina WERE (2022 - 2023):
Austria-$1.52M (-12.2%)
Turkey-$854k (-19.9%)
China-$452k (-85.6%)

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 Iron Fasteners were:
In 2023, Bosnia and Herzegovina's main importing competitors in Iron Fasteners were:

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Trade Value of Iron Fasteners by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $7.38M
TOP IMPORT POTENTIALChina+ $3.74M

Iron Fasteners’s highest export potential is Germany. With an export gap of $7.38M.   Iron Fasteners’s highest import potential is China with an import gap of $3.74M.

See methodology.

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