2023
Exports
$9.83MWorld Rnk 63 / 207
Flag Rnk 144 / 1050
2023
PRODUCT COMPLEXITY IN Knit Men's Suits
-1.34Rnk 912 / 1025
2023
Imports
$12MWorld Rnk 96 / 221
Flag Rnk 257 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $9.83M in Knit Men's Suits, making it the 63rd largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 144th most exported product in Bosnia and Herzegovina. The main destination of Knit Men's Suits exports from Bosnia and Herzegovina are: Germany ($4.02M), Italy ($1.89M), Austria ($977k), Switzerland ($734k), and Spain ($366k).

The fastest growing export markets for Knit Men's Suits of Bosnia and Herzegovina between 2022 and 2023 were Germany ($1.14M), Austria ($478k), and Spain ($173k).

Imports In 2023, Bosnia and Herzegovina imported $12M in Knit Men's Suits, becoming the 96th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 257th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Knit Men's Suits primarily from: Turkey ($3.9M), Bangladesh ($2.3M), China ($1.63M), Pakistan ($937k), and India ($605k).

The fastest growing import markets in Knit Men's Suits for Bosnia and Herzegovina between 2022 and 2023 were China ($543k), India ($373k), and Pakistan ($358k).

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 Knit Men's Suits. 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)$9.83M
IMPORTS (2023)$12M
NET TRADE (2023)-$2.13M

In 2023, Bosnia and Herzegovina exported $9.83M in Knit Men's Suits. The main destinations of Bosnia and Herzegovina exports on Knit Men's Suits were Germany ($4.02M), Italy ($1.89M), Austria ($977k), Switzerland ($734k), and Spain ($366k).

In 2023, Bosnia and Herzegovina imported $12M in Knit Men's Suits, mainly from Turkey ($3.9M), Bangladesh ($2.3M), China ($1.63M), Pakistan ($937k), and India ($605k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Germany$1.14M (39.5%)
Austria$478k (96%)
Spain$173k (89.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY Bosnia and Herzegovina WERE (2022 - 2023):
Italy-$955k (-33.6%)
Bulgaria-$351k (-100%)
Poland-$127k (-46%)

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 Knit Men's Suits were:
In 2023, Bosnia and Herzegovina's main importing competitors in Knit Men's Suits were:

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $990k
TOP IMPORT POTENTIALBangladesh+ $1.15M

Knit Men's Suits’s highest export potential is Germany. With an export gap of $990k.   Knit Men's Suits’s highest import potential is Bangladesh with an import gap of $1.15M.

See methodology.

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