2022
Exports
$5.18MWorld Rnk 13 / 73
Flag Rnk 204 / 1052
2022
Imports
$2.28MWorld Rnk 30 / 122
Flag Rnk 579 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $5.18M in Railroad Ties, making it the 13th largest exporter of Railroad Ties in the world. At the same year, Railroad Ties was the 204th most exported product in Bosnia and Herzegovina. The main destination of Railroad Ties exports from Bosnia and Herzegovina are: Croatia ($2.8M), Serbia ($1.97M), Montenegro ($254k), Slovenia ($131k), and Belgium ($15.4k).

The fastest growing export markets for Railroad Ties of Bosnia and Herzegovina between 2021 and 2022 were Montenegro ($25.8k), Albania ($4.49k), and Belgium ($2.1k).

Imports In 2022, Bosnia and Herzegovina imported $2.28M in Railroad Ties, becoming the 30th largest importer of Railroad Ties in the world. At the same year, Railroad Ties was the 579th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Railroad Ties primarily from: Serbia ($1.24M), Belgium ($461k), Slovenia ($415k), Romania ($69.1k), and Croatia ($66.4k).

The fastest growing import markets in Railroad Ties for Bosnia and Herzegovina between 2021 and 2022 were Slovenia ($229k), Belgium ($114k), and Romania ($69.1k).

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 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 (2022)$5.18M
IMPORTS (2022)$2.28M
NET TRADE (2022)$2.9M

In 2022, Bosnia and Herzegovina exported $5.18M in Railroad Ties. The main destinations of Bosnia and Herzegovina exports on Railroad Ties were Croatia ($2.8M), Serbia ($1.97M), Montenegro ($254k), Slovenia ($131k), and Belgium ($15.4k).

In 2022, Bosnia and Herzegovina imported $2.28M in Railroad Ties, mainly from Serbia ($1.24M), Belgium ($461k), Slovenia ($415k), Romania ($69.1k), and Croatia ($66.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railroad Ties EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Montenegro$25.8k (11.3%)
Albania$4.49k (44%)
Belgium$2.1k (15.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railroad Ties BY Bosnia and Herzegovina WERE (2021 - 2022):
Croatia-$1.63M (-36.9%)
Serbia-$142k (-6.74%)
Slovenia-$131k (-50.1%)

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 Railroad Ties were:
In 2022, 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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