2023
Exports
$70.7MWorld Rnk 59 / 207
Flag Rnk 37 / 1050
2023
PRODUCT COMPLEXITY IN Scrap Iron
-0.57Rnk 726 / 1025
2023
Imports
$2.76MWorld Rnk 78 / 177
Flag Rnk 552 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $70.7M in Scrap Iron, making it the 59th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 37th most exported product in Bosnia and Herzegovina. The main destination of Scrap Iron exports from Bosnia and Herzegovina are: Turkey ($21M), Slovenia ($16.8M), Croatia ($15.9M), Serbia ($8.09M), and Germany ($3.8M).

The fastest growing export markets for Scrap Iron of Bosnia and Herzegovina between 2022 and 2023 were Serbia ($2.68M), Slovenia ($946k), and Germany ($863k).

Imports In 2023, Bosnia and Herzegovina imported $2.76M in Scrap Iron, becoming the 78th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 552nd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Scrap Iron primarily from: Switzerland ($1.55M), Montenegro ($780k), Serbia ($183k), Slovenia ($67.1k), and Croatia ($61k).

The fastest growing import markets in Scrap Iron for Bosnia and Herzegovina between 2022 and 2023 were Montenegro ($777k), Switzerland ($163k), and Serbia ($138k).

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 Scrap Iron. 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)$70.7M
IMPORTS (2023)$2.76M
NET TRADE (2023)$68M

In 2023, Bosnia and Herzegovina exported $70.7M in Scrap Iron. The main destinations of Bosnia and Herzegovina exports on Scrap Iron were Turkey ($21M), Slovenia ($16.8M), Croatia ($15.9M), Serbia ($8.09M), and Germany ($3.8M).

In 2023, Bosnia and Herzegovina imported $2.76M in Scrap Iron, mainly from Switzerland ($1.55M), Montenegro ($780k), Serbia ($183k), Slovenia ($67.1k), and Croatia ($61k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Serbia$2.68M (49.7%)
Slovenia$946k (5.95%)
Germany$863k (29.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Bosnia and Herzegovina WERE (2022 - 2023):
Turkey-$18.7M (-47.1%)
Croatia-$2.1M (-11.7%)
Greece-$662k (-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 Scrap Iron were:
In 2023, Bosnia and Herzegovina's main importing competitors in Scrap Iron were:
Turkey $7.59B
India $6.63B
Italy $2.59B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $5.44M
TOP IMPORT POTENTIALCroatia+ $170k

Scrap Iron’s highest export potential is Turkey. With an export gap of $5.44M.   Scrap Iron’s highest import potential is Croatia with an import gap of $170k.

See methodology.

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