2023
Exports
$2.8MWorld Rnk 33 / 158
Flag Rnk 271 / 1050
2023
PRODUCT COMPLEXITY IN Metalworking Machines
1.85Rnk 8 / 1025
2023
Imports
$2.74MWorld Rnk 68 / 213
Flag Rnk 556 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $2.8M in Metalworking Machines, making it the 33rd largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 271st most exported product in Bosnia and Herzegovina. The main destination of Metalworking Machines exports from Bosnia and Herzegovina are: Namibia ($2.65M), Slovenia ($42.1k), Serbia ($41.1k), Germany ($23k), and Croatia ($21.8k).

The fastest growing export markets for Metalworking Machines of Bosnia and Herzegovina between 2022 and 2023 were Namibia ($1.71M), Italy ($6.16k), and Austria ($5.79k).

Imports In 2023, Bosnia and Herzegovina imported $2.74M in Metalworking Machines, becoming the 68th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 556th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Metalworking Machines primarily from: Turkey ($622k), Germany ($502k), Austria ($474k), Italy ($433k), and China ($217k).

The fastest growing import markets in Metalworking Machines for Bosnia and Herzegovina between 2022 and 2023 were Austria ($381k), Germany ($250k), and Turkey ($232k).

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 Metalworking Machines. 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)$2.8M
IMPORTS (2023)$2.74M
NET TRADE (2023)$61.2k

In 2023, Bosnia and Herzegovina exported $2.8M in Metalworking Machines. The main destinations of Bosnia and Herzegovina exports on Metalworking Machines were Namibia ($2.65M), Slovenia ($42.1k), Serbia ($41.1k), Germany ($23k), and Croatia ($21.8k).

In 2023, Bosnia and Herzegovina imported $2.74M in Metalworking Machines, mainly from Turkey ($622k), Germany ($502k), Austria ($474k), Italy ($433k), and China ($217k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Namibia$1.71M (181%)
Italy$6.16k (1.08k%)
Austria$5.79k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY Bosnia and Herzegovina WERE (2022 - 2023):
Serbia-$43k (-51.1%)
Switzerland-$17.6k (-100%)
Slovenia-$10.4k (-19.8%)

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 Metalworking Machines were:
In 2023, Bosnia and Herzegovina's main importing competitors in Metalworking Machines were:

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $47.1k
TOP IMPORT POTENTIALGermany+ $125k

Metalworking Machines’s highest export potential is Germany. With an export gap of $47.1k.   Metalworking Machines’s highest import potential is Germany with an import gap of $125k.

See methodology.

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