2022
Exports
$15.4MWorld Rnk 55 / 184
Flag Rnk 113 / 1052
2022
PRODUCT COMPLEXITY IN Lifting Machinery
1.12Rnk 128 / 1025
2022
Imports
$22.6MWorld Rnk 100 / 219
Flag Rnk 160 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $15.4M in Lifting Machinery, making it the 55th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 113th most exported product in Bosnia and Herzegovina. The main destination of Lifting Machinery exports from Bosnia and Herzegovina are: Germany ($7.35M), United Kingdom ($3.51M), Croatia ($1.62M), Montenegro ($804k), and Serbia ($735k).

The fastest growing export markets for Lifting Machinery of Bosnia and Herzegovina between 2021 and 2022 were United Kingdom ($3.51M), North Macedonia ($732k), and Germany ($539k).

Imports In 2022, Bosnia and Herzegovina imported $22.6M in Lifting Machinery, becoming the 100th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 160th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Lifting Machinery primarily from: Italy ($4.1M), Serbia ($2.83M), Austria ($2.7M), Croatia ($2.01M), and Turkey ($1.91M).

The fastest growing import markets in Lifting Machinery for Bosnia and Herzegovina between 2021 and 2022 were Serbia ($1.45M), Turkey ($951k), and France ($731k).

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 Lifting 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)$15.4M
IMPORTS (2022)$22.6M
NET TRADE (2022)-$7.25M

In 2022, Bosnia and Herzegovina exported $15.4M in Lifting Machinery. The main destinations of Bosnia and Herzegovina exports on Lifting Machinery were Germany ($7.35M), United Kingdom ($3.51M), Croatia ($1.62M), Montenegro ($804k), and Serbia ($735k).

In 2022, Bosnia and Herzegovina imported $22.6M in Lifting Machinery, mainly from Italy ($4.1M), Serbia ($2.83M), Austria ($2.7M), Croatia ($2.01M), and Turkey ($1.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
United Kingdom$3.51M (1%)
North Macedonia$732k (1%)
Germany$539k (7.91%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Bosnia and Herzegovina WERE (2021 - 2022):
Croatia-$322k (-16.6%)
Switzerland-$181k (-81.2%)
Slovenia-$119k (-65.1%)

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 Lifting Machinery were:
China $6.88B
Germany $5.16B
Italy $2.48B
In 2022, Bosnia and Herzegovina's main importing competitors in Lifting Machinery were:

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Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.33M
TOP IMPORT POTENTIALGermany+ $1.58M

Lifting Machinery’s highest export potential is Germany. With an export gap of $2.33M.   Lifting Machinery’s highest import potential is Germany with an import gap of $1.58M.

See methodology.

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