2023
Exports
$102MWorld Rnk 32 / 218
Flag Rnk 25 / 1050
2023
PRODUCT COMPLEXITY IN Ball Bearings
1.17Rnk 116 / 1025
2023
Imports
$16.2MWorld Rnk 87 / 221
Flag Rnk 212 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $102M in Ball Bearings, making it the 32nd largest exporter of Ball Bearings in the world. At the same year, Ball Bearings was the 25th most exported product in Bosnia and Herzegovina. The main destination of Ball Bearings exports from Bosnia and Herzegovina are: Austria ($43.8M), Germany ($22.2M), Spain ($7.07M), Romania ($4.13M), and Mexico ($3.67M).

The fastest growing export markets for Ball Bearings of Bosnia and Herzegovina between 2022 and 2023 were Spain ($6.33M), Germany ($5.57M), and Sweden ($2.16M).

Imports In 2023, Bosnia and Herzegovina imported $16.2M in Ball Bearings, becoming the 87th largest importer of Ball Bearings in the world. At the same year, Ball Bearings was the 212th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Ball Bearings primarily from: China ($3.9M), Germany ($2.92M), Italy ($884k), Netherlands ($735k), and Sweden ($727k).

The fastest growing import markets in Ball Bearings for Bosnia and Herzegovina between 2022 and 2023 were China ($677k), Germany ($426k), and India ($395k).

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 Ball Bearings. 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)$102M
IMPORTS (2023)$16.2M
NET TRADE (2023)$85.6M

In 2023, Bosnia and Herzegovina exported $102M in Ball Bearings. The main destinations of Bosnia and Herzegovina exports on Ball Bearings were Austria ($43.8M), Germany ($22.2M), Spain ($7.07M), Romania ($4.13M), and Mexico ($3.67M).

In 2023, Bosnia and Herzegovina imported $16.2M in Ball Bearings, mainly from China ($3.9M), Germany ($2.92M), Italy ($884k), Netherlands ($735k), and Sweden ($727k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ball Bearings EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Spain$6.33M (866%)
Germany$5.57M (33.5%)
Sweden$2.16M (5.25k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ball Bearings BY Bosnia and Herzegovina WERE (2022 - 2023):
France-$638k (-17.6%)
Ukraine-$499k (-37.7%)
Slovenia-$452k (-78.1%)

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 Ball Bearings were:
China $6.46B
Germany $5.01B
Japan $4.28B
In 2023, Bosnia and Herzegovina's main importing competitors in Ball Bearings were:

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Trade Value of Ball Bearings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.71M
TOP IMPORT POTENTIALChina+ $1.7M

Ball Bearings’s highest export potential is Germany. With an export gap of $7.71M.   Ball Bearings’s highest import potential is China with an import gap of $1.7M.

See methodology.

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