Earlier Report Observations
The market for travel goods and handbags in Bosnia and Herzegovina experienced substantial growth from 2021 to 2024, with the market size increasing by 84% to reach 32.9 million USD. This expansion was primarily driven by a sharp rise in imports, which more than doubled over the same period, while domestic production showed volatility and exports gradually declined.
Imports had been on a consistent upward trajectory since 2018, accelerating after 2021 and becoming the main contributor to market growth. Domestic production, though modest, peaked in 2023 at 4.4 million USD before contracting the following year, reflecting the market's reliance on foreign supply.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2021-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2021-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Bosnia and Herzegovina
- 5.1.1. In value, 2021-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In value, 2018-2024, K $ US
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5.1. Production in Bosnia and Herzegovina
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Bosnia and Herzegovina by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Bosnia and Herzegovina, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Bosnia and Herzegovina by countries, 2018-2025, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Bosnia and Herzegovina by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Bosnia and Herzegovina, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Bosnia and Herzegovina by countries, 2018-2025, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production travel goods, handbags and similar containers in Bosnia and Herzegovina
In value, 2018-2021, K $ US
Annual dynamics of production in Bosnia and Herzegovina in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports travel goods, handbags and similar containers from Bosnia and Herzegovina
Exports in kind, t
Exports of travel goods, handbags, and similar containers from Bosnia and Herzegovina have declined for the third year in a row. In 2021, exports totaled 248 tons, marking a 9.7% decrease from the previous year. Over the period from 2018 to 2021, exports fell by 20.9%, with a compound annual growth rate of -7.5%.
Annual dynamics of product's exports from Bosnia and Herzegovina in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (4.3%) | (8.4%) | (9.7%) | (7.5%) |
From 2018 to 2021, the main destinations for Bosnia and Herzegovina's exports of travel goods, handbags, and similar containers in kind were Belgium, Italy, and Croatia. Belgium accounted for 37.8% of exports, Italy for 17.0%, and Croatia for 13.0%. Together, these three countries represented 67.7% of total export flows.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Bosnia and Herzegovina in kind, 2018-2021
Exports in value, K $ US
After two years of decline, exports of travel goods, handbags, and similar containers from Bosnia and Herzegovina increased in 2021. The country exported 8 557 thousand US dollars worth of these goods, which is 4.7% higher than in 2020. However, over the 2018-2021 period, exports decreased by 6.3%, with a compound annual growth rate of -2.1%. The lowest value was recorded in 2020 at 8 170 thousand US dollars, while the largest decline occurred in 2019 with a drop of 9.7%.
Annual dynamics of product's exports from Bosnia and Herzegovina in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (9.7%) | (0.9%) | 4.7% | (2.1%) |
Between 2018 and 2021, Italy, Belgium, and Switzerland were the primary buyers of travel goods, handbags, and similar containers from Bosnia and Herzegovina in value terms. Italy accounted for 35.8% of exports, Belgium for 17.2%, and Switzerland for 13.2%. Collectively, these three countries made up 66.3% of total export value.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Bosnia and Herzegovina in value, 2018-2021
Imports travel goods, handbags and similar containers to Bosnia and Herzegovina
Imports in kind, t
In 2021, Bosnia and Herzegovina's imports of travel goods, handbags, and similar containers in kind reached 1 716 tons, an 8.0% increase from 2020. However, from 2018 to 2021, imports decreased by 17.6%, translating to an annualized rate of -6.2%. The lowest volume was in 2020 at 1 589 tons, while the highest was in 2019 at 2 433 tons. The largest decline occurred in 2020 with a 34.7% drop, and the largest increase was in 2019 with a 16.9% rise.
Annual dynamics of product's imports to Bosnia and Herzegovina in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 16.9% | (34.7%) | 8.0% | (6.2%) |
From 2018 to 2021, China and Turkey dominated Bosnia and Herzegovina's imports of travel goods, handbags, and similar containers in kind. Together, they accounted for 86.9% of total import flows, with the remaining volume distributed among smaller markets.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Bosnia and Herzegovina in kind, 2018-2021
Imports in value, K $ US
In 2021, Bosnia and Herzegovina's imports of travel goods, handbags, and similar containers in value terms amounted to 22 613 thousand US dollars, an 18.8% increase from 2020. The lowest value was recorded in 2020 at 19 039 thousand US dollars, while the highest was in 2019 at 25 558 thousand US dollars. The largest decline occurred in 2020 with a 25.5% decrease.
Annual dynamics of product's imports to Bosnia and Herzegovina in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 14.7% | (25.5%) | 18.8% | 0.5% |
Over the 2018-2021 period, China, Turkey, and Serbia consistently led Bosnia and Herzegovina's imports of travel goods, handbags, and similar containers in value terms. China accounted for 65.8% of imports, Turkey for 10.3%, and Serbia for 6.8%. Combined, these three countries represented 82.8% of total import flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Bosnia and Herzegovina in value, 2018-2021
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