2022
Exports
$193MWorld Rnk 53 / 226
Flag Rnk 10 / 1052
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1Rnk 170 / 1025
2022
Imports
$129MWorld Rnk 91 / 225
Flag Rnk 11 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $193M in Motor vehicles; parts and accessories (8701 to 8705), making it the 53rd largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 10th most exported product in Bosnia and Herzegovina. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Bosnia and Herzegovina are: Luxembourg ($47.3M), Germany ($47M), Austria ($29.6M), Italy ($21.2M), and Czechia ($7.98M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Bosnia and Herzegovina between 2021 and 2022 were Austria ($9.13M), Germany ($6.5M), and Italy ($4.41M).

Imports In 2022, Bosnia and Herzegovina imported $129M in Motor vehicles; parts and accessories (8701 to 8705), becoming the 91st largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 11th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Germany ($38M), China ($15.6M), Italy ($10.5M), Croatia ($9.01M), and Serbia ($8.5M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Bosnia and Herzegovina between 2021 and 2022 were Germany ($12.6M), Hungary ($3.28M), and Croatia ($2.19M).

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 Motor vehicles; parts and accessories (8701 to 8705). 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)$193M
IMPORTS (2022)$129M
NET TRADE (2022)$63.6M

In 2022, Bosnia and Herzegovina exported $193M in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Bosnia and Herzegovina exports on Motor vehicles; parts and accessories (8701 to 8705) were Luxembourg ($47.3M), Germany ($47M), Austria ($29.6M), Italy ($21.2M), and Czechia ($7.98M).

In 2022, Bosnia and Herzegovina imported $129M in Motor vehicles; parts and accessories (8701 to 8705), mainly from Germany ($38M), China ($15.6M), Italy ($10.5M), Croatia ($9.01M), and Serbia ($8.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Austria$9.13M (44.6%)
Germany$6.5M (16%)
Italy$4.41M (26.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Bosnia and Herzegovina WERE (2021 - 2022):
Hungary-$2.42M (-30.5%)
Mexico-$1.6M (-77.7%)
Slovakia-$1.51M (-21.9%)

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 Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, Bosnia and Herzegovina's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $33.2M
TOP IMPORT POTENTIALGermany+ $16.2M

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is Germany. With an export gap of $33.2M.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is Germany with an import gap of $16.2M.

See methodology.

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