2022
Exports
$117MWorld Rnk 45 / 221
Flag Rnk 22 / 1052
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$33.8MWorld Rnk 106 / 224
Flag Rnk 113 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $117M in Excavation Machinery, making it the 45th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 22nd most exported product in Bosnia and Herzegovina. The main destination of Excavation Machinery exports from Bosnia and Herzegovina are: Italy ($44.5M), Slovenia ($30.1M), Germany ($14.5M), Austria ($14.4M), and Netherlands ($7.51M).

The fastest growing export markets for Excavation Machinery of Bosnia and Herzegovina between 2021 and 2022 were Austria ($8.69M), Italy ($3.74M), and Slovenia ($3.04M).

Imports In 2022, Bosnia and Herzegovina imported $33.8M in Excavation Machinery, becoming the 106th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 113th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Excavation Machinery primarily from: Slovenia ($8.69M), Germany ($6.31M), Italy ($3.56M), Turkey ($2.23M), and China ($2.03M).

The fastest growing import markets in Excavation Machinery for Bosnia and Herzegovina between 2021 and 2022 were Slovenia ($1.29M), Turkey ($737k), and Switzerland ($678k).

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 Excavation Machinery. 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)$117M
IMPORTS (2022)$33.8M
NET TRADE (2022)$82.7M

In 2022, Bosnia and Herzegovina exported $117M in Excavation Machinery. The main destinations of Bosnia and Herzegovina exports on Excavation Machinery were Italy ($44.5M), Slovenia ($30.1M), Germany ($14.5M), Austria ($14.4M), and Netherlands ($7.51M).

In 2022, Bosnia and Herzegovina imported $33.8M in Excavation Machinery, mainly from Slovenia ($8.69M), Germany ($6.31M), Italy ($3.56M), Turkey ($2.23M), and China ($2.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Austria$8.69M (152%)
Italy$3.74M (9.17%)
Slovenia$3.04M (11.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Bosnia and Herzegovina WERE (2021 - 2022):
China-$771k (-99.9%)
Belgium-$432k (-83.1%)
United States-$384k (-71.9%)

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

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $10.9M
TOP IMPORT POTENTIALChina+ $2.92M

Excavation Machinery’s highest export potential is Germany. With an export gap of $10.9M.   Excavation Machinery’s highest import potential is China with an import gap of $2.92M.

See methodology.

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