2023
Exports
$277MWorld Rnk 34 / 201
Flag Rnk 4 / 1050
2023
PRODUCT COMPLEXITY IN Iron Structures
0.46Rnk 378 / 1025
2023
Imports
$93.4MWorld Rnk 85 / 225
Flag Rnk 29 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $277M in Iron Structures, making it the 34th largest exporter of Iron Structures in the world. At the same year, Iron Structures was the 4th most exported product in Bosnia and Herzegovina. The main destination of Iron Structures exports from Bosnia and Herzegovina are: Austria ($55.6M), Serbia ($47.1M), Croatia ($42.6M), Germany ($26.5M), and Italy ($25.9M).

The fastest growing export markets for Iron Structures of Bosnia and Herzegovina between 2022 and 2023 were Germany ($8.47M), Montenegro ($5.41M), and Croatia ($2.94M).

Imports In 2023, Bosnia and Herzegovina imported $93.4M in Iron Structures, becoming the 85th largest importer of Iron Structures in the world. At the same year, Iron Structures was the 29th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Iron Structures primarily from: China ($16.7M), Italy ($16.4M), Serbia ($12.5M), Turkey ($11.1M), and Croatia ($10.3M).

The fastest growing import markets in Iron Structures for Bosnia and Herzegovina between 2022 and 2023 were China ($14.4M), Croatia ($3.24M), and Poland ($1.39M).

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 Iron Structures. 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)$277M
IMPORTS (2023)$93.4M
NET TRADE (2023)$184M

In 2023, Bosnia and Herzegovina exported $277M in Iron Structures. The main destinations of Bosnia and Herzegovina exports on Iron Structures were Austria ($55.6M), Serbia ($47.1M), Croatia ($42.6M), Germany ($26.5M), and Italy ($25.9M).

In 2023, Bosnia and Herzegovina imported $93.4M in Iron Structures, mainly from China ($16.7M), Italy ($16.4M), Serbia ($12.5M), Turkey ($11.1M), and Croatia ($10.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Structures EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Germany$8.47M (46.9%)
Montenegro$5.41M (83.6%)
Croatia$2.94M (7.42%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Structures BY Bosnia and Herzegovina WERE (2022 - 2023):
Serbia-$9.23M (-16.4%)
Slovenia-$6.62M (-35.9%)
Hungary-$4.93M (-64.1%)

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

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Trade Value of Iron Structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $21.9M
TOP IMPORT POTENTIALChina+ $3.44M

Iron Structures’s highest export potential is Germany. With an export gap of $21.9M.   Iron Structures’s highest import potential is China with an import gap of $3.44M.

See methodology.

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