2022
Exports
$15.8MWorld Rnk 94 / 226
Flag Rnk 50 / 96
2022
PRODUCT COMPLEXITY IN Rubber & articles thereof
0.93Rnk 199 / 1025
2022
Imports
$156MWorld Rnk 99 / 226
Flag Rnk 25 / 96
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $15.8M in Rubber & articles thereof, making it the 94th largest exporter of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 50th most exported product in Bosnia and Herzegovina. The main destination of Rubber & articles thereof exports from Bosnia and Herzegovina are: Hungary ($4.07M), Slovenia ($2.65M), Serbia ($1.93M), Montenegro ($1.4M), and Spain ($1.13M).

The fastest growing export markets for Rubber & articles thereof of Bosnia and Herzegovina between 2021 and 2022 were Slovenia ($2.06M), Spain ($629k), and Serbia ($582k).

Imports In 2022, Bosnia and Herzegovina imported $156M in Rubber & articles thereof, becoming the 99th largest importer of Rubber & articles thereof in the world. At the same year, Rubber & articles thereof was the 25th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Rubber & articles thereof primarily from: China ($19.4M), Germany ($19.2M), Serbia ($15.6M), Slovenia ($13.8M), and Turkey ($13.2M).

The fastest growing import markets in Rubber & articles thereof for Bosnia and Herzegovina between 2021 and 2022 were Turkey ($3.19M), China ($2.37M), and Germany ($2.16M).

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 Rubber & articles thereof. 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)$15.8M
IMPORTS (2022)$156M
NET TRADE (2022)-$140M

In 2022, Bosnia and Herzegovina exported $15.8M in Rubber & articles thereof. The main destinations of Bosnia and Herzegovina exports on Rubber & articles thereof were Hungary ($4.07M), Slovenia ($2.65M), Serbia ($1.93M), Montenegro ($1.4M), and Spain ($1.13M).

In 2022, Bosnia and Herzegovina imported $156M in Rubber & articles thereof, mainly from China ($19.4M), Germany ($19.2M), Serbia ($15.6M), Slovenia ($13.8M), and Turkey ($13.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber & articles thereof EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Slovenia$2.06M (349%)
Spain$629k (125%)
Serbia$582k (43.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber & articles thereof BY Bosnia and Herzegovina WERE (2021 - 2022):
Hungary-$727k (-15.2%)
Austria-$365k (-46.9%)
Netherlands-$129k (-48.6%)

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 Rubber & articles thereof were:
China $33.5B
Germany $17.1B
In 2022, Bosnia and Herzegovina's main importing competitors in Rubber & articles thereof were:

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Trade Value of Rubber & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.66M
TOP IMPORT POTENTIALChina+ $12.3M

Rubber & articles thereof’s highest export potential is Germany. With an export gap of $1.66M.   Rubber & articles thereof’s highest import potential is China with an import gap of $12.3M.

See methodology.

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