2022
Exports
$337MWorld Rnk 52 / 222
Flag Rnk 4 / 1052
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$102MWorld Rnk 94 / 225
Flag Rnk 21 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $337M in Insulated Wire, making it the 52nd largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 4th most exported product in Bosnia and Herzegovina. The main destination of Insulated Wire exports from Bosnia and Herzegovina are: Austria ($130M), Croatia ($42.7M), Slovenia ($29.1M), Lithuania ($27.7M), and France ($25.8M).

The fastest growing export markets for Insulated Wire of Bosnia and Herzegovina between 2021 and 2022 were Austria ($17.5M), Croatia ($15.5M), and Lithuania ($8.17M).

Imports In 2022, Bosnia and Herzegovina imported $102M in Insulated Wire, becoming the 94th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 21st most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Insulated Wire primarily from: Slovenia ($31.1M), Austria ($14.7M), Croatia ($14.2M), Germany ($11M), and Serbia ($7.12M).

The fastest growing import markets in Insulated Wire for Bosnia and Herzegovina between 2021 and 2022 were Slovenia ($3.04M), Croatia ($2.43M), and Turkey ($2.38M).

Latest Trends

May 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 Insulated Wire. 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)$337M
IMPORTS (2022)$102M
NET TRADE (2022)$234M

In 2022, Bosnia and Herzegovina exported $337M in Insulated Wire. The main destinations of Bosnia and Herzegovina exports on Insulated Wire were Austria ($130M), Croatia ($42.7M), Slovenia ($29.1M), Lithuania ($27.7M), and France ($25.8M).

In 2022, Bosnia and Herzegovina imported $102M in Insulated Wire, mainly from Slovenia ($31.1M), Austria ($14.7M), Croatia ($14.2M), Germany ($11M), and Serbia ($7.12M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Austria$17.5M (15.5%)
Croatia$15.5M (57.3%)
Lithuania$8.17M (41.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Bosnia and Herzegovina WERE (2021 - 2022):
Czechia-$5.11M (-57.2%)
Germany-$3.83M (-18.4%)
Hungary-$3.44M (-31%)

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 Insulated Wire were:
In 2022, Bosnia and Herzegovina's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $22M
TOP IMPORT POTENTIALChina+ $6.98M

Insulated Wire’s highest export potential is Germany. With an export gap of $22M.   Insulated Wire’s highest import potential is China with an import gap of $6.98M.

See methodology.

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