2023
Exports
$74.1kWorld Rnk 99 / 168
Flag Rnk 696 / 1050
2023
PRODUCT COMPLEXITY IN Iron Nails
-0.52Rnk 709 / 1025
2023
Imports
$3.53MWorld Rnk 102 / 220
Flag Rnk 500 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $74.1k in Iron Nails, making it the 99th largest exporter of Iron Nails in the world. At the same year, Iron Nails was the 696th most exported product in Bosnia and Herzegovina. The main destination of Iron Nails exports from Bosnia and Herzegovina are: Croatia ($16.4k), Montenegro ($14.4k), Russia ($9.88k), Austria ($8.05k), and Poland ($6.03k).

The fastest growing export markets for Iron Nails of Bosnia and Herzegovina between 2022 and 2023 were Russia ($9.88k), Montenegro ($5.09k), and Bulgaria ($3.28k).

Imports In 2023, Bosnia and Herzegovina imported $3.53M in Iron Nails, becoming the 102nd largest importer of Iron Nails in the world. At the same year, Iron Nails was the 500th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Iron Nails primarily from: Serbia ($1.14M), North Macedonia ($810k), Italy ($437k), Croatia ($277k), and Albania ($228k).

The fastest growing import markets in Iron Nails for Bosnia and Herzegovina between 2022 and 2023 were Albania ($225k), Italy ($40.4k), and Czechia ($7.27k).

Latest Trends

Jan 2025

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 Iron Nails. 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)$74.1k
IMPORTS (2023)$3.53M
NET TRADE (2023)-$3.45M

In 2023, Bosnia and Herzegovina exported $74.1k in Iron Nails. The main destinations of Bosnia and Herzegovina exports on Iron Nails were Croatia ($16.4k), Montenegro ($14.4k), Russia ($9.88k), Austria ($8.05k), and Poland ($6.03k).

In 2023, Bosnia and Herzegovina imported $3.53M in Iron Nails, mainly from Serbia ($1.14M), North Macedonia ($810k), Italy ($437k), Croatia ($277k), and Albania ($228k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Nails EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Russia$9.88k (1%)
Montenegro$5.09k (54.5%)
Bulgaria$3.28k (239%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Nails BY Bosnia and Herzegovina WERE (2022 - 2023):
Austria-$35.9k (-81.7%)
Croatia-$16.4k (-50%)
Albania-$14.4k (-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 Iron Nails were:
China $1.33B
In 2023, Bosnia and Herzegovina's main importing competitors in Iron Nails were:

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Trade Value of Iron Nails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $12k
TOP IMPORT POTENTIALChina+ $288k

Iron Nails’s highest export potential is Austria. With an export gap of $12k.   Iron Nails’s highest import potential is China with an import gap of $288k.

See methodology.

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