2023
Exports
$281World Rnk 121 / 155
Flag Rnk 998 / 1050
2023
Imports
$118kWorld Rnk 118 / 209
Flag Rnk 959 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $281 in Iron Sewing Needles, making it the 121st largest exporter of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 998th most exported product in Bosnia and Herzegovina. The main destination of Iron Sewing Needles exports from Bosnia and Herzegovina are: Albania ($114), Montenegro ($113), Switzerland ($19), Germany ($14), and Ireland ($12).

The fastest growing export markets for Iron Sewing Needles of Bosnia and Herzegovina between 2022 and 2023 were Albania ($114), Montenegro ($47), and Germany ($10).

Imports In 2023, Bosnia and Herzegovina imported $118k in Iron Sewing Needles, becoming the 118th largest importer of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 959th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Iron Sewing Needles primarily from: China ($60.7k), Malaysia ($15.6k), Turkey ($15.1k), Germany ($7.54k), and Vietnam ($4.31k).

The fastest growing import markets in Iron Sewing Needles for Bosnia and Herzegovina between 2022 and 2023 were Malaysia ($15.5k), China ($8.18k), and South Korea ($3.63k).

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 Iron Sewing Needles. 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)$281
IMPORTS (2023)$118k
NET TRADE (2023)-$117k

In 2023, Bosnia and Herzegovina exported $281 in Iron Sewing Needles. The main destinations of Bosnia and Herzegovina exports on Iron Sewing Needles were Albania ($114), Montenegro ($113), Switzerland ($19), Germany ($14), and Ireland ($12).

In 2023, Bosnia and Herzegovina imported $118k in Iron Sewing Needles, mainly from China ($60.7k), Malaysia ($15.6k), Turkey ($15.1k), Germany ($7.54k), and Vietnam ($4.31k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Sewing Needles EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Albania$114 (1%)
Montenegro$47 (71.2%)
Germany$10 (250%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Sewing Needles BY Bosnia and Herzegovina WERE (2022 - 2023):
Saudi Arabia-$31.5k (-100%)
Slovenia-$870 (-100%)
France-$508 (-100%)

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 Iron Sewing Needles were:
In 2023, Bosnia and Herzegovina's main importing competitors in Iron Sewing Needles were:

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Trade Value of Iron Sewing Needles by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $690
TOP IMPORT POTENTIALChina+ $20k

Iron Sewing Needles’s highest export potential is France. With an export gap of $690.   Iron Sewing Needles’s highest import potential is China with an import gap of $20k.

See methodology.

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