2022
Exports
$754MWorld Rnk 65 / 226
Flag Rnk 4 / 96
2022
PRODUCT COMPLEXITY IN Electrical machinery and electronics
1.96Rnk 7 / 1025
2022
Imports
$976MWorld Rnk 104 / 226
Flag Rnk 3 / 96
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $754M in Electrical machinery and electronics, making it the 65th largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 4th most exported product in Bosnia and Herzegovina. The main destination of Electrical machinery and electronics exports from Bosnia and Herzegovina are: Austria ($265M), Slovenia ($165M), Germany ($72.6M), Croatia ($59.4M), and Lithuania ($27.7M).

The fastest growing export markets for Electrical machinery and electronics of Bosnia and Herzegovina between 2021 and 2022 were Croatia ($15.8M), Austria ($12.8M), and Lithuania ($8.18M).

Imports In 2022, Bosnia and Herzegovina imported $976M in Electrical machinery and electronics, becoming the 104th largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 3rd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Electrical machinery and electronics primarily from: China ($237M), Slovenia ($131M), Austria ($108M), Croatia ($84.1M), and Germany ($71.8M).

The fastest growing import markets in Electrical machinery and electronics for Bosnia and Herzegovina between 2021 and 2022 were China ($49.1M), Germany ($12.5M), and Slovenia ($7.68M).

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 Electrical machinery and electronics. 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)$754M
IMPORTS (2022)$976M
NET TRADE (2022)-$222M

In 2022, Bosnia and Herzegovina exported $754M in Electrical machinery and electronics. The main destinations of Bosnia and Herzegovina exports on Electrical machinery and electronics were Austria ($265M), Slovenia ($165M), Germany ($72.6M), Croatia ($59.4M), and Lithuania ($27.7M).

In 2022, Bosnia and Herzegovina imported $976M in Electrical machinery and electronics, mainly from China ($237M), Slovenia ($131M), Austria ($108M), Croatia ($84.1M), and Germany ($71.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical machinery and electronics EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Croatia$15.8M (36.1%)
Austria$12.8M (5.06%)
Lithuania$8.18M (41.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical machinery and electronics BY Bosnia and Herzegovina WERE (2021 - 2022):
Czechia-$8.59M (-52.8%)
Hungary-$5.04M (-33.9%)
Russia-$4.12M (-99.9%)

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 Electrical machinery and electronics were:
In 2022, Bosnia and Herzegovina's main importing competitors in Electrical machinery and electronics were:

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Trade Value of Electrical machinery and electronics by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $52.7M
TOP IMPORT POTENTIALChina+ $129M

Electrical machinery and electronics’s highest export potential is Germany. With an export gap of $52.7M.   Electrical machinery and electronics’s highest import potential is China with an import gap of $129M.

See methodology.

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