2022
Exports
$23.3MWorld Rnk 61 / 226
Flag Rnk 42 / 96
2022
PRODUCT COMPLEXITY IN Tools & cutlery
1.7Rnk 24 / 1025
2022
Imports
$69.8MWorld Rnk 85 / 225
Flag Rnk 49 / 96
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $23.3M in Tools & cutlery, making it the 61st largest exporter of Tools & cutlery in the world. At the same year, Tools & cutlery was the 42nd most exported product in Bosnia and Herzegovina. The main destination of Tools & cutlery exports from Bosnia and Herzegovina are: Austria ($3.58M), Slovenia ($2.76M), Czechia ($2.67M), Serbia ($2.59M), and Canada ($2.2M).

The fastest growing export markets for Tools & cutlery of Bosnia and Herzegovina between 2021 and 2022 were Czechia ($1.93M), Hungary ($694k), and Austria ($556k).

Imports In 2022, Bosnia and Herzegovina imported $69.8M in Tools & cutlery, becoming the 85th largest importer of Tools & cutlery in the world. At the same year, Tools & cutlery was the 49th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Tools & cutlery primarily from: China ($12M), Germany ($7.95M), Slovenia ($7.21M), Serbia ($5.42M), and Croatia ($4.84M).

The fastest growing import markets in Tools & cutlery for Bosnia and Herzegovina between 2021 and 2022 were China ($1.4M), Hungary ($829k), and Chinese Taipei ($678k).

Latest Trends

Jul 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 Tools & cutlery. 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)$23.3M
IMPORTS (2022)$69.8M
NET TRADE (2022)-$46.5M

In 2022, Bosnia and Herzegovina exported $23.3M in Tools & cutlery. The main destinations of Bosnia and Herzegovina exports on Tools & cutlery were Austria ($3.58M), Slovenia ($2.76M), Czechia ($2.67M), Serbia ($2.59M), and Canada ($2.2M).

In 2022, Bosnia and Herzegovina imported $69.8M in Tools & cutlery, mainly from China ($12M), Germany ($7.95M), Slovenia ($7.21M), Serbia ($5.42M), and Croatia ($4.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tools & cutlery EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Czechia$1.93M (262%)
Hungary$694k (454%)
Austria$556k (18.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools & cutlery BY Bosnia and Herzegovina WERE (2021 - 2022):
Slovenia-$1.06M (-27.8%)
Germany-$314k (-17.4%)
United States-$258k (-24.2%)

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 Tools & cutlery were:
In 2022, Bosnia and Herzegovina's main importing competitors in Tools & cutlery were:

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Trade Value of Tools & cutlery by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALChina+ $5.38M

Tools & cutlery’s highest export potential is N/A. With an export gap of N/A.   Tools & cutlery’s highest import potential is China with an import gap of $5.38M.

See methodology.

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