2022
Exports
$578kWorld Rnk 84 / 160
Flag Rnk 84 / 96
2022
PRODUCT COMPLEXITY IN Wool & animal hair
0.58Rnk 333 / 1025
2022
Imports
$23.8MWorld Rnk 52 / 194
Flag Rnk 70 / 96
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $578k in Wool & animal hair, making it the 84th largest exporter of Wool & animal hair in the world. At the same year, Wool & animal hair was the 84th most exported product in Bosnia and Herzegovina. The main destination of Wool & animal hair exports from Bosnia and Herzegovina are: Switzerland ($270k), Germany ($174k), India ($32.3k), Italy ($22.5k), and Hungary ($21.1k).

The fastest growing export markets for Wool & animal hair of Bosnia and Herzegovina between 2021 and 2022 were Germany ($74.7k), India ($32.3k), and Hungary ($21.1k).

Imports In 2022, Bosnia and Herzegovina imported $23.8M in Wool & animal hair, becoming the 52nd largest importer of Wool & animal hair in the world. At the same year, Wool & animal hair was the 70th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Wool & animal hair primarily from: Italy ($9.1M), Germany ($6.34M), China ($4.67M), Poland ($522k), and Switzerland ($492k).

The fastest growing import markets in Wool & animal hair for Bosnia and Herzegovina between 2021 and 2022 were Germany ($2.99M), Italy ($1.2M), and China ($912k).

Latest Trends

Jul 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 Wool & animal hair. 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)$578k
IMPORTS (2022)$23.8M
NET TRADE (2022)-$23.2M

In 2022, Bosnia and Herzegovina exported $578k in Wool & animal hair. The main destinations of Bosnia and Herzegovina exports on Wool & animal hair were Switzerland ($270k), Germany ($174k), India ($32.3k), Italy ($22.5k), and Hungary ($21.1k).

In 2022, Bosnia and Herzegovina imported $23.8M in Wool & animal hair, mainly from Italy ($9.1M), Germany ($6.34M), China ($4.67M), Poland ($522k), and Switzerland ($492k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool & animal hair EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Germany$74.7k (75.2%)
India$32.3k (1%)
Hungary$21.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool & animal hair BY Bosnia and Herzegovina WERE (2021 - 2022):
Switzerland-$221k (-45%)
Austria-$41.4k (-84.6%)
France-$24.8k (-99.7%)

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 Wool & animal hair were:
China $2.23B
Italy $2.03B
In 2022, Bosnia and Herzegovina's main importing competitors in Wool & animal hair were:
China $2.97B
Italy $1.62B

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Trade Value of Wool & animal hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $42.1k
TOP IMPORT POTENTIALUnited Kingdom+ $121k

Wool & animal hair’s highest export potential is Germany. With an export gap of $42.1k.   Wool & animal hair’s highest import potential is United Kingdom with an import gap of $121k.

See methodology.

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