2022
Exports
$7.82MWorld Rnk 71 / 224
Flag Rnk 164 / 1052
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$63MWorld Rnk 89 / 224
Flag Rnk 52 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $7.82M in Valves, making it the 71st largest exporter of Valves in the world. At the same year, Valves was the 164th most exported product in Bosnia and Herzegovina. The main destination of Valves exports from Bosnia and Herzegovina are: Germany ($1.64M), Croatia ($1.55M), Italy ($1.13M), Poland ($904k), and Netherlands ($404k).

The fastest growing export markets for Valves of Bosnia and Herzegovina between 2021 and 2022 were Poland ($869k), Germany ($709k), and Hungary ($332k).

Imports In 2022, Bosnia and Herzegovina imported $63M in Valves, becoming the 89th largest importer of Valves in the world. At the same year, Valves was the 52nd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Valves primarily from: Germany ($11.6M), China ($8.72M), Slovenia ($8.27M), Serbia ($6.06M), and Italy ($5.98M).

The fastest growing import markets in Valves for Bosnia and Herzegovina between 2021 and 2022 were China ($1.14M), Croatia ($576k), and Serbia ($479k).

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 Valves. 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)$7.82M
IMPORTS (2022)$63M
NET TRADE (2022)-$55.1M

In 2022, Bosnia and Herzegovina exported $7.82M in Valves. The main destinations of Bosnia and Herzegovina exports on Valves were Germany ($1.64M), Croatia ($1.55M), Italy ($1.13M), Poland ($904k), and Netherlands ($404k).

In 2022, Bosnia and Herzegovina imported $63M in Valves, mainly from Germany ($11.6M), China ($8.72M), Slovenia ($8.27M), Serbia ($6.06M), and Italy ($5.98M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Poland$869k (2.49k%)
Germany$709k (75.8%)
Hungary$332k (1.33k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Bosnia and Herzegovina WERE (2021 - 2022):
Croatia-$817k (-34.6%)
Italy-$578k (-33.8%)
Serbia-$167k (-35.5%)

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 Valves were:
In 2022, Bosnia and Herzegovina's main importing competitors in Valves were:

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.08M
TOP IMPORT POTENTIALChina+ $6.09M

Valves’s highest export potential is Germany. With an export gap of $2.08M.   Valves’s highest import potential is China with an import gap of $6.09M.

See methodology.

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