2023
Exports
$1.46kWorld Rnk 77 / 90
Flag Rnk 955 / 1050
2023
PRODUCT COMPLEXITY IN Steel Bars
0.38Rnk 420 / 1025
2023
Imports
$25.8MWorld Rnk 28 / 166
Flag Rnk 155 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $1.46k in Steel Bars, making it the 77th largest exporter of Steel Bars in the world. At the same year, Steel Bars was the 955th most exported product in Bosnia and Herzegovina. The main destination of Steel Bars exports from Bosnia and Herzegovina are: Germany ($1.46k) and Slovenia ($2).

The fastest growing export markets for Steel Bars of Bosnia and Herzegovina between 2022 and 2023 were Slovenia ($2).

Imports In 2023, Bosnia and Herzegovina imported $25.8M in Steel Bars, becoming the 28th largest importer of Steel Bars in the world. At the same year, Steel Bars was the 155th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Steel Bars primarily from: Italy ($9.19M), Germany ($6.1M), Austria ($3.27M), Turkey ($2.96M), and Poland ($2.95M).

The fastest growing import markets in Steel Bars for Bosnia and Herzegovina between 2022 and 2023 were Italy ($1.5M), Germany ($1.36M), and Austria ($1.04M).

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 Steel Bars. 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)$1.46k
IMPORTS (2023)$25.8M
NET TRADE (2023)-$25.8M

In 2023, Bosnia and Herzegovina exported $1.46k in Steel Bars. The main destinations of Bosnia and Herzegovina exports on Steel Bars were Germany ($1.46k) and Slovenia ($2).

In 2023, Bosnia and Herzegovina imported $25.8M in Steel Bars, mainly from Italy ($9.19M), Germany ($6.1M), Austria ($3.27M), Turkey ($2.96M), and Poland ($2.95M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Steel Bars EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):Slovenia$2 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Bars BY Bosnia and Herzegovina WERE (2022 - 2023):
Serbia-$2M (-100%)
Netherlands-$48.3k (-100%)
Germany-$3.21k (-68.8%)

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 Steel Bars were:
In 2023, Bosnia and Herzegovina's main importing competitors in Steel Bars were:

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Trade Value of Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $45.1k
TOP IMPORT POTENTIALJapan+ $133k

Steel Bars’s highest export potential is Netherlands. With an export gap of $45.1k.   Steel Bars’s highest import potential is Japan with an import gap of $133k.

See methodology.

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