2022
Exports
$12.4MWorld Rnk 50 / 152
Flag Rnk 124 / 1052
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$13.2MWorld Rnk 61 / 219
Flag Rnk 229 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $12.4M in Fermented Milk Products, making it the 50th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 124th most exported product in Bosnia and Herzegovina. The main destination of Fermented Milk Products exports from Bosnia and Herzegovina are: Montenegro ($7.6M), Croatia ($3.92M), Serbia ($411k), Slovenia ($204k), and North Macedonia ($171k).

The fastest growing export markets for Fermented Milk Products of Bosnia and Herzegovina between 2021 and 2022 were Montenegro ($3.91M), Sweden ($20.8k), and Germany ($9.23k).

Imports In 2022, Bosnia and Herzegovina imported $13.2M in Fermented Milk Products, becoming the 61st largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 229th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Fermented Milk Products primarily from: Croatia ($5.95M), Serbia ($2.75M), Germany ($2.5M), Slovenia ($1.68M), and Poland ($242k).

The fastest growing import markets in Fermented Milk Products for Bosnia and Herzegovina between 2021 and 2022 were Germany ($344k), Croatia ($333k), and Poland ($20k).

Latest Trends

Oct 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 Fermented Milk Products. 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)$12.4M
IMPORTS (2022)$13.2M
NET TRADE (2022)-$756k

In 2022, Bosnia and Herzegovina exported $12.4M in Fermented Milk Products. The main destinations of Bosnia and Herzegovina exports on Fermented Milk Products were Montenegro ($7.6M), Croatia ($3.92M), Serbia ($411k), Slovenia ($204k), and North Macedonia ($171k).

In 2022, Bosnia and Herzegovina imported $13.2M in Fermented Milk Products, mainly from Croatia ($5.95M), Serbia ($2.75M), Germany ($2.5M), Slovenia ($1.68M), and Poland ($242k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Montenegro$3.91M (106%)
Sweden$20.8k (26.8%)
Germany$9.23k (112%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Bosnia and Herzegovina WERE (2021 - 2022):
Croatia-$875k (-18.3%)
Saudi Arabia-$739k (-100%)
Serbia-$118k (-22.2%)

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 Fermented Milk Products were:
In 2022, Bosnia and Herzegovina's main importing competitors in Fermented Milk Products were:

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Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSerbia+ $187k
TOP IMPORT POTENTIALGermany+ $379k

Fermented Milk Products’s highest export potential is Serbia. With an export gap of $187k.   Fermented Milk Products’s highest import potential is Germany with an import gap of $379k.

See methodology.

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