2022
Exports
$30.5MWorld Rnk 66 / 221
Flag Rnk 73 / 1052
2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.3Rnk 909 / 1025
2022
Imports
$50MWorld Rnk 74 / 218
Flag Rnk 80 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $30.5M in Knit Sweaters, making it the 66th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 73rd most exported product in Bosnia and Herzegovina. The main destination of Knit Sweaters exports from Bosnia and Herzegovina are: Croatia ($14.1M), Italy ($8.34M), Germany ($2.91M), South Korea ($613k), and Switzerland ($599k).

The fastest growing export markets for Knit Sweaters of Bosnia and Herzegovina between 2021 and 2022 were Italy ($1.09M), United Kingdom ($477k), and Croatia ($405k).

Imports In 2022, Bosnia and Herzegovina imported $50M in Knit Sweaters, becoming the 74th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 80th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Knit Sweaters primarily from: Turkey ($13.5M), Bangladesh ($8.6M), China ($5.24M), Germany ($3.99M), and Croatia ($3.42M).

The fastest growing import markets in Knit Sweaters for Bosnia and Herzegovina between 2021 and 2022 were Bangladesh ($3.27M), Turkey ($2.18M), and China ($1.89M).

Latest Trends

Oct 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 Knit Sweaters. 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)$30.5M
IMPORTS (2022)$50M
NET TRADE (2022)-$19.5M

In 2022, Bosnia and Herzegovina exported $30.5M in Knit Sweaters. The main destinations of Bosnia and Herzegovina exports on Knit Sweaters were Croatia ($14.1M), Italy ($8.34M), Germany ($2.91M), South Korea ($613k), and Switzerland ($599k).

In 2022, Bosnia and Herzegovina imported $50M in Knit Sweaters, mainly from Turkey ($13.5M), Bangladesh ($8.6M), China ($5.24M), Germany ($3.99M), and Croatia ($3.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Italy$1.09M (15%)
United Kingdom$477k (1%)
Croatia$405k (2.96%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Bosnia and Herzegovina WERE (2021 - 2022):
Germany-$562k (-16.2%)
Russia-$507k (-100%)
Poland-$238k (-80.1%)

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 Knit Sweaters were:
In 2022, Bosnia and Herzegovina's main importing competitors in Knit Sweaters were:

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $3.76M
TOP IMPORT POTENTIALBangladesh+ $5.28M

Knit Sweaters’s highest export potential is Italy. With an export gap of $3.76M.   Knit Sweaters’s highest import potential is Bangladesh with an import gap of $5.28M.

See methodology.

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