2023
Exports
falseWorld Rnk 10 / 76
Flag Rnk 177 / 1050
2023
PRODUCT COMPLEXITY IN Railroad Ties
-0.12Rnk 595 / 1025
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $7.34M in Railroad Ties, making it the 10th largest exporter of Railroad Ties in the world. At the same year, Railroad Ties was the 177th most exported product in Bosnia and Herzegovina. The main destination of Railroad Ties exports from Bosnia and Herzegovina are: Croatia ($3.17M), Serbia ($2.98M), Montenegro ($1.1M), North Macedonia ($77.3k), and Belgium ($16.8k).

The fastest growing export markets for Railroad Ties of Bosnia and Herzegovina between 2022 and 2023 were Serbia ($1.04M), Montenegro ($876k), and Croatia ($506k).

The fastest growing import markets in Railroad Ties for Bosnia and Herzegovina between 2022 and 2023 were Serbia ($572k), Croatia ($407k), and Romania ($315k).

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 Railroad Ties. 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)$7.34M

In 2023, Bosnia and Herzegovina exported $7.34M in Railroad Ties. The main destinations of Bosnia and Herzegovina exports on Railroad Ties were Croatia ($3.17M), Serbia ($2.98M), Montenegro ($1.1M), North Macedonia ($77.3k), and Belgium ($16.8k).

In N/A, Bosnia and Herzegovina imported N/A in Railroad Ties, mainly from Serbia ($1.86M), Croatia ($470k), Belgium ($453k), Slovenia ($443k), and Romania ($390k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Railroad Ties EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Serbia$1.04M (53.7%)
Montenegro$876k (389%)
Croatia$506k (19%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railroad Ties BY Bosnia and Herzegovina WERE (2022 - 2023):
Slovenia-$131k (-100%)
Albania-$14.7k (-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 Railroad Ties were:
In 2023, Bosnia and Herzegovina's main importing competitors in Railroad Ties were:

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Trade Value of Railroad Ties by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBelgium+ $27k
TOP IMPORT POTENTIALFrance+ $22.5k

Railroad Ties’s highest export potential is Belgium. With an export gap of $27k.   Railroad Ties’s highest import potential is France with an import gap of $22.5k.

See methodology.

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