2022
Exports
$707MWorld Rnk 60 / 226
Flag Rnk 6 / 96
2022
PRODUCT COMPLEXITY IN Machinery, mechanical appliances, & parts
2.21Rnk 2 / 1025
2022
Imports
$1.19BWorld Rnk 98 / 226
Flag Rnk 2 / 96
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $707M in Machinery, mechanical appliances, & parts, making it the 60th largest exporter of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 6th most exported product in Bosnia and Herzegovina. The main destination of Machinery, mechanical appliances, & parts exports from Bosnia and Herzegovina are: Germany ($196M), Austria ($117M), Slovenia ($97.3M), Italy ($76.4M), and Serbia ($25.3M).

The fastest growing export markets for Machinery, mechanical appliances, & parts of Bosnia and Herzegovina between 2021 and 2022 were Germany ($25M), Austria ($20.1M), and Italy ($8.88M).

Imports In 2022, Bosnia and Herzegovina imported $1.19B in Machinery, mechanical appliances, & parts, becoming the 98th largest importer of Machinery, mechanical appliances, & parts in the world. At the same year, Machinery, mechanical appliances, & parts was the 2nd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Machinery, mechanical appliances, & parts primarily from: China ($188M), Germany ($160M), Italy ($125M), Serbia ($97.5M), and Slovenia ($88.5M).

The fastest growing import markets in Machinery, mechanical appliances, & parts for Bosnia and Herzegovina between 2021 and 2022 were China ($24.9M), Serbia ($9.89M), and Turkey ($7.97M).

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 Machinery, mechanical appliances, & 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)$707M
IMPORTS (2022)$1.19B
NET TRADE (2022)-$485M

In 2022, Bosnia and Herzegovina exported $707M in Machinery, mechanical appliances, & parts. The main destinations of Bosnia and Herzegovina exports on Machinery, mechanical appliances, & parts were Germany ($196M), Austria ($117M), Slovenia ($97.3M), Italy ($76.4M), and Serbia ($25.3M).

In 2022, Bosnia and Herzegovina imported $1.19B in Machinery, mechanical appliances, & parts, mainly from China ($188M), Germany ($160M), Italy ($125M), Serbia ($97.5M), and Slovenia ($88.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery, mechanical appliances, & parts EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Germany$25M (14.6%)
Austria$20.1M (20.7%)
Italy$8.88M (13.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery, mechanical appliances, & parts BY Bosnia and Herzegovina WERE (2021 - 2022):
Poland-$9.81M (-41%)
Russia-$4.34M (-90.5%)
China-$1.51M (-37.5%)

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 Machinery, mechanical appliances, & parts were:
In 2022, Bosnia and Herzegovina's main importing competitors in Machinery, mechanical appliances, & parts were:

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Trade Value of Machinery, mechanical appliances, & parts by Exporters

Potential Exports

Potential Exports

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View
TOP EXPORT POTENTIALGermany+ $75.7M
TOP IMPORT POTENTIALChina+ $111M

Machinery, mechanical appliances, & parts’s highest export potential is Germany. With an export gap of $75.7M.   Machinery, mechanical appliances, & parts’s highest import potential is China with an import gap of $111M.

See methodology.

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