2023
Exports
$473kWorld Rnk 67 / 164
Flag Rnk 462 / 1050
2023
PRODUCT COMPLEXITY IN Drilling Machines
1.11Rnk 139 / 1025
2023
Imports
$8.81MWorld Rnk 53 / 213
Flag Rnk 308 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $473k in Drilling Machines, making it the 67th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 462nd most exported product in Bosnia and Herzegovina. The main destination of Drilling Machines exports from Bosnia and Herzegovina are: Serbia ($240k), Ireland ($46.2k), United Arab Emirates ($45.8k), Switzerland ($42.4k), and United Kingdom ($40.9k).

The fastest growing export markets for Drilling Machines of Bosnia and Herzegovina between 2022 and 2023 were Serbia ($64.5k), United Arab Emirates ($45.8k), and Switzerland ($41.8k).

Imports In 2023, Bosnia and Herzegovina imported $8.81M in Drilling Machines, becoming the 53rd largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 308th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Drilling Machines primarily from: Italy ($2.35M), Germany ($1.91M), Spain ($1.79M), China ($826k), and Poland ($552k).

The fastest growing import markets in Drilling Machines for Bosnia and Herzegovina between 2022 and 2023 were Italy ($1.92M), China ($509k), and Poland ($364k).

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 Drilling 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)$473k
IMPORTS (2023)$8.81M
NET TRADE (2023)-$8.34M

In 2023, Bosnia and Herzegovina exported $473k in Drilling Machines. The main destinations of Bosnia and Herzegovina exports on Drilling Machines were Serbia ($240k), Ireland ($46.2k), United Arab Emirates ($45.8k), Switzerland ($42.4k), and United Kingdom ($40.9k).

In 2023, Bosnia and Herzegovina imported $8.81M in Drilling Machines, mainly from Italy ($2.35M), Germany ($1.91M), Spain ($1.79M), China ($826k), and Poland ($552k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Serbia$64.5k (36.7%)
Switzerland$41.8k (7.37k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Bosnia and Herzegovina WERE (2022 - 2023):
North Macedonia-$26.8k (-100%)
Croatia-$17.2k (-42.2%)
Germany-$17.1k (-100%)

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

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $32.3k
TOP IMPORT POTENTIALChina+ $245k

Drilling Machines’s highest export potential is Germany. With an export gap of $32.3k.   Drilling Machines’s highest import potential is China with an import gap of $245k.

See methodology.

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