Bosnia and Herzegovina’s tea industry demonstrates an active engagement in both exports and imports, contributing to the global tea trade. While not occupying the top ranks in the market, the country showcases steady growth and a strong trade relationship with destinations such as Montenegro, the Netherlands, and North Macedonia for exports, and Croatia, China, and the United Arab Emirates for imports.
As Bosnia and Herzegovina’s tea trade continues to evolve, it will be influenced by changing consumer preferences, trade policies, and emerging markets. The country’s commitment to quality and its growing presence in the tea industry position it well for future success in the global market.
In 2021, Bosnia and Herzegovina exported tea worth $62.6k, securing its position as the 122nd largest tea exporter globally. Among the country’s exports, tea ranked 697th in terms of product prominence. The primary destinations for Bosnian tea exports included Montenegro ($12.8k), the Netherlands ($12.1k), North Macedonia ($11.6k), Slovenia ($8.31k), and Switzerland ($6.31k).
Notably, Bosnia and Herzegovina experienced significant growth in tea exports between 2020 and 2021. Slovenia led the surge with an increase of $8.31k, followed by the Netherlands with $6.51k, and Switzerland with $6.31k.
|Asia||United Arab Emirates||2,654|
In 2021, Bosnia and Herzegovina imported tea worth $953k, ranking as the 146th largest tea importer globally. Among the country’s imports, tea ranked 707th in terms of prominence. The primary sources of tea imports for Bosnia and Herzegovina were Croatia ($230k), China ($141k), the United Arab Emirates ($123k), Serbia ($108k), and Germany ($79.9k).
Bosnia and Herzegovina witnessed notable growth in tea imports between 2020 and 2021. Notably, the United Arab Emirates saw a substantial increase of $123k, followed by Croatia with $41.8k, and China with $35.4k.
|Asia||United Arab Emirates||122,780|
|North America||United States||699|
Potential Of Tea Import and Export Between Vietnam-Bosnia and Herzegovina
While the bilateral trade between Vietnam and Bosnia and Herzegovina may not currently reach significant levels, it is worth noting that Bosnia and Herzegovina’s tea imports in 2021 amounted to a total value of $126. Recognizing this, it becomes evident that Vietnam, as a global leader in tea production and export, has immense potential to collaborate with Bosnia and Herzegovina in introducing Vietnamese tea to the Bosnia and Herzegovina market in the foreseeable future.