2023
Exports
$236kWorld Rnk 59 / 128
Flag Rnk 543 / 1050
2023
PRODUCT COMPLEXITY IN Stainless Steel Wire
1.45Rnk 53 / 1025
2023
Imports
$821kWorld Rnk 85 / 203
Flag Rnk 732 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $236k in Stainless Steel Wire, making it the 59th largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 543rd most exported product in Bosnia and Herzegovina. The main destination of Stainless Steel Wire exports from Bosnia and Herzegovina are: Norway ($235k), Austria ($686), and Montenegro ($416).

The fastest growing export markets for Stainless Steel Wire of Bosnia and Herzegovina between 2022 and 2023 were Norway ($235k), Montenegro ($326), and Austria ($95).

Imports In 2023, Bosnia and Herzegovina imported $821k in Stainless Steel Wire, becoming the 85th largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 732nd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Stainless Steel Wire primarily from: Austria ($253k), India ($145k), Sweden ($82.4k), Slovenia ($70.8k), and Turkey ($38.4k).

The fastest growing import markets in Stainless Steel Wire for Bosnia and Herzegovina between 2022 and 2023 were Austria ($67.2k), Slovenia ($35.2k), and South Korea ($17.6k).

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 Stainless Steel Wire. 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)$236k
IMPORTS (2023)$821k
NET TRADE (2023)-$585k

In 2023, Bosnia and Herzegovina exported $236k in Stainless Steel Wire. The main destinations of Bosnia and Herzegovina exports on Stainless Steel Wire were Norway ($235k), Austria ($686), and Montenegro ($416).

In 2023, Bosnia and Herzegovina imported $821k in Stainless Steel Wire, mainly from Austria ($253k), India ($145k), Sweden ($82.4k), Slovenia ($70.8k), and Turkey ($38.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Wire EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Norway$235k (560k%)
Montenegro$326 (362%)
Austria$95 (16.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Bosnia and Herzegovina WERE (2022 - 2023):
Serbia-$17.4k (-100%)
Belgium-$3.78k (-100%)
Sweden-$279 (-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 Stainless Steel Wire were:
In 2023, Bosnia and Herzegovina's main importing competitors in Stainless Steel Wire were:

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Trade Value of Stainless Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $3.37k
TOP IMPORT POTENTIALIndia+ $113k

Stainless Steel Wire’s highest export potential is Belgium. With an export gap of $3.37k.   Stainless Steel Wire’s highest import potential is India with an import gap of $113k.

See methodology.

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