2023
Exports
$366kWorld Rnk 79 / 205
Flag Rnk 496 / 1050
2023
PRODUCT COMPLEXITY IN Gaskets
1.46Rnk 51 / 1025
2023
Imports
$3.52MWorld Rnk 101 / 224
Flag Rnk 501 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $366k in Gaskets, making it the 79th largest exporter of Gaskets in the world. At the same year, Gaskets was the 496th most exported product in Bosnia and Herzegovina. The main destination of Gaskets exports from Bosnia and Herzegovina are: Egypt ($82.2k), Austria ($76.8k), Germany ($69.5k), Montenegro ($31.5k), and Italy ($20.3k).

The fastest growing export markets for Gaskets of Bosnia and Herzegovina between 2022 and 2023 were Egypt ($82.2k), Austria ($27.5k), and Italy ($20.1k).

Imports In 2023, Bosnia and Herzegovina imported $3.52M in Gaskets, becoming the 101st largest importer of Gaskets in the world. At the same year, Gaskets was the 501st most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Gaskets primarily from: Germany ($1.06M), Italy ($665k), Serbia ($281k), China ($182k), and Japan ($132k).

The fastest growing import markets in Gaskets for Bosnia and Herzegovina between 2022 and 2023 were Serbia ($194k), Italy ($147k), and Russia ($61.3k).

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 Gaskets. 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)$366k
IMPORTS (2023)$3.52M
NET TRADE (2023)-$3.16M

In 2023, Bosnia and Herzegovina exported $366k in Gaskets. The main destinations of Bosnia and Herzegovina exports on Gaskets were Egypt ($82.2k), Austria ($76.8k), Germany ($69.5k), Montenegro ($31.5k), and Italy ($20.3k).

In 2023, Bosnia and Herzegovina imported $3.52M in Gaskets, mainly from Germany ($1.06M), Italy ($665k), Serbia ($281k), China ($182k), and Japan ($132k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Egypt$82.2k (1%)
Austria$27.5k (55.8%)
Italy$20.1k (9.57k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY Bosnia and Herzegovina WERE (2022 - 2023):
Serbia-$4.62k (-37.7%)
Germany-$4.13k (-5.61%)
Thailand-$3.54k (-92.5%)

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

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Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $89.6k
TOP IMPORT POTENTIALGermany+ $288k

Gaskets’s highest export potential is Germany. With an export gap of $89.6k.   Gaskets’s highest import potential is Germany with an import gap of $288k.

See methodology.

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