2023
Exports
$12.4MWorld Rnk 15 / 114
Flag Rnk 128 / 1050
2023
Imports
$643kWorld Rnk 66 / 192
Flag Rnk 771 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $12.4M in Densified Wood, making it the 15th largest exporter of Densified Wood in the world. At the same year, Densified Wood was the 128th most exported product in Bosnia and Herzegovina. The main destination of Densified Wood exports from Bosnia and Herzegovina are: Germany ($5.33M), Slovenia ($4.28M), Italy ($787k), France ($669k), and Austria ($403k).

The fastest growing export markets for Densified Wood of Bosnia and Herzegovina between 2022 and 2023 were Slovenia ($712k), Switzerland ($245k), and Austria ($113k).

Imports In 2023, Bosnia and Herzegovina imported $643k in Densified Wood, becoming the 66th largest importer of Densified Wood in the world. At the same year, Densified Wood was the 771st most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Densified Wood primarily from: Croatia ($395k), Germany ($125k), Turkey ($57.1k), Slovenia ($32.1k), and Austria ($30k).

The fastest growing import markets in Densified Wood for Bosnia and Herzegovina between 2022 and 2023 were Germany ($124k), Turkey ($54.4k), and Croatia ($36.9k).

Latest Trends

Jan 2025

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 Densified Wood. 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 (2023)$12.4M
IMPORTS (2023)$643k
NET TRADE (2023)$11.8M

In 2023, Bosnia and Herzegovina exported $12.4M in Densified Wood. The main destinations of Bosnia and Herzegovina exports on Densified Wood were Germany ($5.33M), Slovenia ($4.28M), Italy ($787k), France ($669k), and Austria ($403k).

In 2023, Bosnia and Herzegovina imported $643k in Densified Wood, mainly from Croatia ($395k), Germany ($125k), Turkey ($57.1k), Slovenia ($32.1k), and Austria ($30k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Densified Wood EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Slovenia$712k (19.9%)
Switzerland$245k (382%)
Austria$113k (38.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Densified Wood BY Bosnia and Herzegovina WERE (2022 - 2023):
Germany-$5.05M (-48.6%)
France-$1.03M (-60.7%)
Croatia-$127k (-54.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bosnia and Herzegovina's main exporting competitors in Densified Wood were:
Germany $67.6M
Angola $37.5M
In 2023, Bosnia and Herzegovina's main importing competitors in Densified Wood were:

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Trade Value of Densified Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $247k
TOP IMPORT POTENTIALTurkey+ $5.29k

Densified Wood’s highest export potential is Italy. With an export gap of $247k.   Densified Wood’s highest import potential is Turkey with an import gap of $5.29k.

See methodology.

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