2022
Exports
$1.99MWorld Rnk 74 / 208
Flag Rnk 297 / 1052
2022
PRODUCT COMPLEXITY IN Knitted Hats
-1.26Rnk 897 / 1025
2022
Imports
$5.27MWorld Rnk 76 / 220
Flag Rnk 419 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $1.99M in Knitted Hats, making it the 74th largest exporter of Knitted Hats in the world. At the same year, Knitted Hats was the 297th most exported product in Bosnia and Herzegovina. The main destination of Knitted Hats exports from Bosnia and Herzegovina are: Germany ($724k), Italy ($628k), Slovenia ($254k), Austria ($104k), and Albania ($72k).

The fastest growing export markets for Knitted Hats of Bosnia and Herzegovina between 2021 and 2022 were Albania ($72k), Japan ($47.5k), and Austria ($19.4k).

Imports In 2022, Bosnia and Herzegovina imported $5.27M in Knitted Hats, becoming the 76th largest importer of Knitted Hats in the world. At the same year, Knitted Hats was the 419th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Knitted Hats primarily from: China ($2.34M), Turkey ($692k), Serbia ($681k), Germany ($644k), and Poland ($200k).

The fastest growing import markets in Knitted Hats for Bosnia and Herzegovina between 2021 and 2022 were China ($288k), Poland ($165k), and Serbia ($128k).

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 Knitted Hats. 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)$1.99M
IMPORTS (2022)$5.27M
NET TRADE (2022)-$3.28M

In 2022, Bosnia and Herzegovina exported $1.99M in Knitted Hats. The main destinations of Bosnia and Herzegovina exports on Knitted Hats were Germany ($724k), Italy ($628k), Slovenia ($254k), Austria ($104k), and Albania ($72k).

In 2022, Bosnia and Herzegovina imported $5.27M in Knitted Hats, mainly from China ($2.34M), Turkey ($692k), Serbia ($681k), Germany ($644k), and Poland ($200k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitted Hats EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Albania$72k (1%)
Japan$47.5k (244%)
Austria$19.4k (22.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitted Hats BY Bosnia and Herzegovina WERE (2021 - 2022):
Croatia-$471k (-98.6%)
Germany-$395k (-35.3%)
Slovenia-$179k (-41.4%)

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 Knitted Hats were:
In 2022, Bosnia and Herzegovina's main importing competitors in Knitted Hats were:

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Trade Value of Knitted Hats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $378k
TOP IMPORT POTENTIALChina+ $723k

Knitted Hats’s highest export potential is Germany. With an export gap of $378k.   Knitted Hats’s highest import potential is China with an import gap of $723k.

See methodology.

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