2023
Exports
falseWorld Rnk 70 / 223
Flag Rnk 140 / 1050
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $10.4M in Valves, making it the 70th largest exporter of Valves in the world. At the same year, Valves was the 140th most exported product in Bosnia and Herzegovina. The main destination of Valves exports from Bosnia and Herzegovina are: Germany ($3.03M), Croatia ($2.58M), Italy ($2.18M), United States ($521k), and Czechia ($316k).

The fastest growing export markets for Valves of Bosnia and Herzegovina between 2022 and 2023 were Italy ($1.21M), Croatia ($950k), and Slovenia ($161k).

The fastest growing import markets in Valves for Bosnia and Herzegovina between 2022 and 2023 were Germany ($2.67M), Austria ($1.57M), and Australia ($613k).

Latest Trends

Dec 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 Valves. 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)$10.4M

In 2023, Bosnia and Herzegovina exported $10.4M in Valves. The main destinations of Bosnia and Herzegovina exports on Valves were Germany ($3.03M), Croatia ($2.58M), Italy ($2.18M), United States ($521k), and Czechia ($316k).

In N/A, Bosnia and Herzegovina imported N/A in Valves, mainly from Germany ($14.8M), China ($8.08M), Slovenia ($7.73M), Italy ($6.86M), and Serbia ($5.35M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Italy$1.21M (124%)
Croatia$950k (58.3%)
Slovenia$161k (326%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Bosnia and Herzegovina WERE (2022 - 2023):
Poland-$580k (-93.7%)
Netherlands-$186k (-53%)
Germany-$77.8k (-2.5%)

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

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $2.08M
TOP IMPORT POTENTIALChina+ $6.09M

Valves’s highest export potential is Germany. With an export gap of $2.08M.   Valves’s highest import potential is China with an import gap of $6.09M.

See methodology.

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