Key Market Indicators
Bosnian imports and exports of art soared in 2021. Imports rose 72.4%, to $128,360, compared to 2020, when they were $74,450. This put Bosnia at number 108 in the global ranking; Cameroon was at number 107 with $128,360. The UK, Switzerland and the UAE ranked second, third and fourth, respectively. Exports also increased significantly, by 57.4%, to $32,310 in 2021, up from $20,530 in 2020. This put Bosnia at number 103 in the global ranking; Benin was at number 102 with $32,310. Again, the UK, Switzerland and France ranked second, third and fourth, respectively. Since 2008, Bosnian demand had decreased by 9.6%, while supply had dropped by 10.2%.
Bosnia and Herzegovina Art Market Data and Forecasts
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