2022
Exports
$59.4MWorld Rnk 33 / 199
Flag Rnk 46 / 1052
2022
PRODUCT COMPLEXITY IN Metalworking Machine Parts
1.64Rnk 34 / 1025
2022
Imports
$14.4MWorld Rnk 67 / 220
Flag Rnk 218 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $59.4M in Metalworking Machine Parts, making it the 33rd largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 46th most exported product in Bosnia and Herzegovina. The main destination of Metalworking Machine Parts exports from Bosnia and Herzegovina are: Germany ($32.7M), Austria ($12.1M), Croatia ($3.82M), Switzerland ($3.54M), and Italy ($1.48M).

The fastest growing export markets for Metalworking Machine Parts of Bosnia and Herzegovina between 2021 and 2022 were Germany ($7.38M), Austria ($3.37M), and Croatia ($1.87M).

Imports In 2022, Bosnia and Herzegovina imported $14.4M in Metalworking Machine Parts, becoming the 67th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 218th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Metalworking Machine Parts primarily from: Italy ($3.46M), Germany ($2.08M), Slovenia ($1.45M), Croatia ($1.29M), and Serbia ($991k).

The fastest growing import markets in Metalworking Machine Parts for Bosnia and Herzegovina between 2021 and 2022 were Spain ($346k), United States ($316k), and Serbia ($253k).

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 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 (2022)$59.4M
IMPORTS (2022)$14.4M
NET TRADE (2022)$45M

In 2022, Bosnia and Herzegovina exported $59.4M in Metalworking Machine Parts. The main destinations of Bosnia and Herzegovina exports on Metalworking Machine Parts were Germany ($32.7M), Austria ($12.1M), Croatia ($3.82M), Switzerland ($3.54M), and Italy ($1.48M).

In 2022, Bosnia and Herzegovina imported $14.4M in Metalworking Machine Parts, mainly from Italy ($3.46M), Germany ($2.08M), Slovenia ($1.45M), Croatia ($1.29M), and Serbia ($991k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Germany$7.38M (29.2%)
Austria$3.37M (38.7%)
Croatia$1.87M (96.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Bosnia and Herzegovina WERE (2021 - 2022):
Namibia-$522k (-50.9%)
Netherlands-$194k (-14.1%)
Italy-$169k (-10.3%)

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 Metalworking Machine Parts were:
In 2022, 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.

See methodology.

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