2023
Exports
$59.8MWorld Rnk 34 / 199
Flag Rnk 43 / 1050
2023
PRODUCT COMPLEXITY IN Metalworking Machine Parts
1.42Rnk 61 / 1025
2023
Imports
$21.4MWorld Rnk 60 / 218
Flag Rnk 172 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $59.8M in Metalworking Machine Parts, making it the 34th largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 43rd most exported product in Bosnia and Herzegovina. The main destination of Metalworking Machine Parts exports from Bosnia and Herzegovina are: Germany ($32.3M), Austria ($12.4M), Switzerland ($4.1M), Croatia ($2.47M), and Italy ($1.9M).

The fastest growing export markets for Metalworking Machine Parts of Bosnia and Herzegovina between 2022 and 2023 were Brazil ($1.07M), France ($710k), and Switzerland ($592k).

Imports In 2023, Bosnia and Herzegovina imported $21.4M in Metalworking Machine Parts, becoming the 60th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 172nd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Metalworking Machine Parts primarily from: Italy ($5.12M), Spain ($4.66M), Germany ($3.15M), Austria ($1.33M), and Slovenia ($908k).

The fastest growing import markets in Metalworking Machine Parts for Bosnia and Herzegovina between 2022 and 2023 were Spain ($4.16M), Italy ($1.4M), and Austria ($530k).

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 Metalworking Machine Parts. 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)$59.8M
IMPORTS (2023)$21.4M
NET TRADE (2023)$38.5M

In 2023, Bosnia and Herzegovina exported $59.8M in Metalworking Machine Parts. The main destinations of Bosnia and Herzegovina exports on Metalworking Machine Parts were Germany ($32.3M), Austria ($12.4M), Switzerland ($4.1M), Croatia ($2.47M), and Italy ($1.9M).

In 2023, Bosnia and Herzegovina imported $21.4M in Metalworking Machine Parts, mainly from Italy ($5.12M), Spain ($4.66M), Germany ($3.15M), Austria ($1.33M), and Slovenia ($908k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Brazil$1.07M (1%)
France$710k (82.3%)
Switzerland$592k (16.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Bosnia and Herzegovina WERE (2022 - 2023):
Austria-$3.15M (-20.2%)
Croatia-$1.29M (-34.3%)
United States-$1.16M (-61.9%)

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 Metalworking Machine Parts were:
In 2023, Bosnia and Herzegovina's main importing competitors in Metalworking Machine Parts were:

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Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.81M
TOP IMPORT POTENTIALGermany+ $1.12M

Metalworking Machine Parts’s highest export potential is United States. With an export gap of $1.81M.   Metalworking Machine Parts’s highest import potential is Germany with an import gap of $1.12M.

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