2022
Exports
$9.43MWorld Rnk 95 / 199
Flag Rnk 62 / 96
2022
PRODUCT COMPLEXITY IN Cotton
-0.55Rnk 715 / 1025
2022
Imports
$37.3MWorld Rnk 105 / 220
Flag Rnk 61 / 96
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $9.43M in Cotton, making it the 95th largest exporter of Cotton in the world. At the same year, Cotton was the 62nd most exported product in Bosnia and Herzegovina. The main destination of Cotton exports from Bosnia and Herzegovina are: Italy ($3.36M), Serbia ($2.54M), Germany ($1.9M), Austria ($742k), and Hungary ($223k).

The fastest growing export markets for Cotton of Bosnia and Herzegovina between 2021 and 2022 were Austria ($383k), Croatia ($140k), and South Africa ($99.9k).

Imports In 2022, Bosnia and Herzegovina imported $37.3M in Cotton, becoming the 105th largest importer of Cotton in the world. At the same year, Cotton was the 61st most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Cotton primarily from: Italy ($9.99M), Germany ($6.42M), Turkey ($2.85M), Switzerland ($2.66M), and United States ($2.65M).

The fastest growing import markets in Cotton for Bosnia and Herzegovina between 2021 and 2022 were Germany ($1.19M), India ($839k), and Switzerland ($623k).

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 Cotton. 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)$9.43M
IMPORTS (2022)$37.3M
NET TRADE (2022)-$27.9M

In 2022, Bosnia and Herzegovina exported $9.43M in Cotton. The main destinations of Bosnia and Herzegovina exports on Cotton were Italy ($3.36M), Serbia ($2.54M), Germany ($1.9M), Austria ($742k), and Hungary ($223k).

In 2022, Bosnia and Herzegovina imported $37.3M in Cotton, mainly from Italy ($9.99M), Germany ($6.42M), Turkey ($2.85M), Switzerland ($2.66M), and United States ($2.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cotton EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Austria$383k (107%)
Croatia$140k (1.07k%)
South Africa$99.9k (1.07k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton BY Bosnia and Herzegovina WERE (2021 - 2022):
Serbia-$2.44M (-49%)
Italy-$1.29M (-27.7%)
Switzerland-$116k (-69.6%)

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

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Trade Value of Cotton by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALItaly+ $657k
TOP IMPORT POTENTIALUnited States+ $1.28M

Cotton’s highest export potential is Italy. With an export gap of $657k.   Cotton’s highest import potential is United States with an import gap of $1.28M.

See methodology.

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