2022
Exports | Imports
$34M | $1.46BWorld Rnk 126 / 214
Flag Rnk 65 / 1052
World Rnk 94 / 225
Flag Rnk 1 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 36 / 124
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 800 / 1025

About

Exports In 2022, Bosnia and Herzegovina exported $34M in Refined Petroleum, making it the 126th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 65th most exported product in Bosnia and Herzegovina. The main destination of Refined Petroleum exports from Bosnia and Herzegovina are: Serbia ($6.6M), Germany ($4.59M), Russia ($4.4M), Croatia ($3.77M), and Senegal ($2.67M).

The fastest growing export markets for Refined Petroleum of Bosnia and Herzegovina between 2021 and 2022 were Russia ($4.15M), Germany ($2.96M), and Senegal ($2.67M).

Imports In 2022, Bosnia and Herzegovina imported $1.46B in Refined Petroleum, becoming the 94th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Refined Petroleum primarily from: Croatia ($917M), Serbia ($267M), Italy ($154M), Slovenia ($43M), and Greece ($25.8M).

The fastest growing import markets in Refined Petroleum for Bosnia and Herzegovina between 2021 and 2022 were Croatia ($435M), Italy ($82.7M), and Serbia ($31.6M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Refined Petroleum from Bosnia and Herzegovina to the United States.

Latest Trends

Jan 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 Refined Petroleum. 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)$34M
IMPORTS (2022)$1.46B
NET TRADE (2022)-$1.42B

In 2022, Bosnia and Herzegovina exported $34M in Refined Petroleum. The main destinations of Bosnia and Herzegovina exports on Refined Petroleum were Serbia ($6.6M), Germany ($4.59M), Russia ($4.4M), Croatia ($3.77M), and Senegal ($2.67M).

In 2022, Bosnia and Herzegovina imported $1.46B in Refined Petroleum, mainly from Croatia ($917M), Serbia ($267M), Italy ($154M), Slovenia ($43M), and Greece ($25.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Russia$4.15M (1.65k%)
Germany$2.96M (182%)
Senegal$2.67M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Bosnia and Herzegovina WERE (2021 - 2022):
Romania-$2.32M (-97.4%)
Serbia-$1.85M (-21.9%)
Italy-$453k (-40.7%)

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 Refined Petroleum were:
In 2022, Bosnia and Herzegovina's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

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