2022
Exports
$318kWorld Rnk 66 / 156
Flag Rnk 503 / 1052
2022
PRODUCT COMPLEXITY IN Drilling Machines
1.13Rnk 123 / 1025
2022
Imports
$7.26MWorld Rnk 56 / 210
Flag Rnk 347 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $318k in Drilling Machines, making it the 66th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 503rd most exported product in Bosnia and Herzegovina. The main destination of Drilling Machines exports from Bosnia and Herzegovina are: Serbia ($176k), Ireland ($45k), Croatia ($40.4k), North Macedonia ($26.8k), and Germany ($17.1k).

The fastest growing export markets for Drilling Machines of Bosnia and Herzegovina between 2021 and 2022 were Ireland ($45k), Croatia ($28.8k), and North Macedonia ($26.8k).

Imports In 2022, Bosnia and Herzegovina imported $7.26M in Drilling Machines, becoming the 56th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 347th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Drilling Machines primarily from: Germany ($2.6M), Spain ($1.23M), Turkey ($526k), Slovenia ($411k), and Italy ($407k).

The fastest growing import markets in Drilling Machines for Bosnia and Herzegovina between 2021 and 2022 were Germany ($1.3M), Turkey ($495k), and Netherlands ($327k).

Latest Trends

Aug 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 (2022)$318k
IMPORTS (2022)$7.26M
NET TRADE (2022)-$6.94M

In 2022, Bosnia and Herzegovina exported $318k in Drilling Machines. The main destinations of Bosnia and Herzegovina exports on Drilling Machines were Serbia ($176k), Ireland ($45k), Croatia ($40.4k), North Macedonia ($26.8k), and Germany ($17.1k).

In 2022, Bosnia and Herzegovina imported $7.26M in Drilling Machines, mainly from Germany ($2.6M), Spain ($1.23M), Turkey ($526k), Slovenia ($411k), and Italy ($407k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Ireland$45k (1%)
Croatia$28.8k (249%)
North Macedonia$26.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Bosnia and Herzegovina WERE (2021 - 2022):
Serbia-$33.5k (-16%)
Italy-$27.3k (-100%)
Austria-$3.1k (-100%)

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 Drilling Machines were:
In 2022, 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
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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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