2022
Exports
$266kWorld Rnk 67 / 145
Flag Rnk 530 / 1052
2022
PRODUCT COMPLEXITY IN Electrical Insulators
0.63Rnk 303 / 1025
2022
Imports
$1.1MWorld Rnk 113 / 207
Flag Rnk 683 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $266k in Electrical Insulators, making it the 67th largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 530th most exported product in Bosnia and Herzegovina. The main destination of Electrical Insulators exports from Bosnia and Herzegovina are: Tanzania ($255k), Italy ($6.52k), Montenegro ($1.27k), Germany ($933), and Belgium ($810).

The fastest growing export markets for Electrical Insulators of Bosnia and Herzegovina between 2021 and 2022 were Tanzania ($255k), Italy ($2.05k), and Belgium ($810).

Imports In 2022, Bosnia and Herzegovina imported $1.1M in Electrical Insulators, becoming the 113th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 683rd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Electrical Insulators primarily from: Slovenia ($355k), Serbia ($195k), Germany ($126k), Turkey ($70.9k), and Austria ($56.3k).

The fastest growing import markets in Electrical Insulators for Bosnia and Herzegovina between 2021 and 2022 were Slovenia ($309k), Turkey ($51.3k), and Hungary ($48.2k).

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 Electrical Insulators. 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)$266k
IMPORTS (2022)$1.1M
NET TRADE (2022)-$838k

In 2022, Bosnia and Herzegovina exported $266k in Electrical Insulators. The main destinations of Bosnia and Herzegovina exports on Electrical Insulators were Tanzania ($255k), Italy ($6.52k), Montenegro ($1.27k), Germany ($933), and Belgium ($810).

In 2022, Bosnia and Herzegovina imported $1.1M in Electrical Insulators, mainly from Slovenia ($355k), Serbia ($195k), Germany ($126k), Turkey ($70.9k), and Austria ($56.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Tanzania$255k (1%)
Italy$2.05k (45.8%)
Belgium$810 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Bosnia and Herzegovina WERE (2021 - 2022):
Montenegro-$39.2k (-96.9%)
Croatia-$7.18k (-100%)
Ukraine-$6.56k (-100%)

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

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Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $15.4k
TOP IMPORT POTENTIALGermany+ $67k

Electrical Insulators’s highest export potential is Italy. With an export gap of $15.4k.   Electrical Insulators’s highest import potential is Germany with an import gap of $67k.

See methodology.

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