2022
Exports
$9.23MWorld Rnk 92 / 198
Flag Rnk 63 / 96
2022
PRODUCT COMPLEXITY IN Products of the milling industry
0.65Rnk 295 / 1025
2022
Imports
$33.8MWorld Rnk 110 / 223
Flag Rnk 65 / 96
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $9.23M in Products of the milling industry, making it the 92nd largest exporter of Products of the milling industry in the world. At the same year, Products of the milling industry was the 63rd most exported product in Bosnia and Herzegovina. The main destination of Products of the milling industry exports from Bosnia and Herzegovina are: Montenegro ($4.83M), North Macedonia ($1.91M), Serbia ($1.3M), Sweden ($395k), and United States ($210k).

The fastest growing export markets for Products of the milling industry of Bosnia and Herzegovina between 2021 and 2022 were Montenegro ($1.63M), Serbia ($408k), and United States ($92.3k).

Imports In 2022, Bosnia and Herzegovina imported $33.8M in Products of the milling industry, becoming the 110th largest importer of Products of the milling industry in the world. At the same year, Products of the milling industry was the 65th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Products of the milling industry primarily from: Serbia ($19.8M), Croatia ($6.21M), Austria ($2.27M), Hungary ($1.81M), and Germany ($716k).

The fastest growing import markets in Products of the milling industry for Bosnia and Herzegovina between 2021 and 2022 were Serbia ($5.18M), Hungary ($672k), and Turkey ($242k).

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 Products of the milling industry. 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)$9.23M
IMPORTS (2022)$33.8M
NET TRADE (2022)-$24.6M

In 2022, Bosnia and Herzegovina exported $9.23M in Products of the milling industry. The main destinations of Bosnia and Herzegovina exports on Products of the milling industry were Montenegro ($4.83M), North Macedonia ($1.91M), Serbia ($1.3M), Sweden ($395k), and United States ($210k).

In 2022, Bosnia and Herzegovina imported $33.8M in Products of the milling industry, mainly from Serbia ($19.8M), Croatia ($6.21M), Austria ($2.27M), Hungary ($1.81M), and Germany ($716k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Products of the milling industry EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Montenegro$1.63M (50.9%)
Serbia$408k (45.5%)
United States$92.3k (78.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Products of the milling industry BY Bosnia and Herzegovina WERE (2021 - 2022):
Turkey-$289k (-82.9%)
Croatia-$136k (-83.4%)
North Macedonia-$34.7k (-1.78%)

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 Products of the milling industry were:
In 2022, Bosnia and Herzegovina's main importing competitors in Products of the milling industry were:

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Trade Value of Products of the milling industry by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $294k
TOP IMPORT POTENTIALItaly+ $426k

Products of the milling industry’s highest export potential is United States. With an export gap of $294k.   Products of the milling industry’s highest import potential is Italy with an import gap of $426k.

See methodology.

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