2022
Exports
$9.41kWorld Rnk 82 / 100
Flag Rnk 884 / 1052
2022
PRODUCT COMPLEXITY IN Magnesium
0.95Rnk 193 / 1025
2022
Imports
$4.9MWorld Rnk 53 / 168
Flag Rnk 432 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $9.41k in Magnesium, making it the 82nd largest exporter of Magnesium in the world. At the same year, Magnesium was the 884th most exported product in Bosnia and Herzegovina. The main destination of Magnesium exports from Bosnia and Herzegovina are: Switzerland ($6.51k), Serbia ($2.76k), and Italy ($134).

The fastest growing export markets for Magnesium of Bosnia and Herzegovina between 2021 and 2022 were Switzerland ($6.51k), Serbia ($2.76k), and Italy ($134).

Imports In 2022, Bosnia and Herzegovina imported $4.9M in Magnesium, becoming the 53rd largest importer of Magnesium in the world. At the same year, Magnesium was the 432nd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Magnesium primarily from: China ($4.1M), Switzerland ($663k), Slovenia ($57.3k), Ukraine ($24k), and Albania ($21.9k).

The fastest growing import markets in Magnesium for Bosnia and Herzegovina between 2021 and 2022 were China ($3.1M), Switzerland ($608k), and Slovenia ($39.6k).

Latest Trends

Nov 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 Magnesium. 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)$9.41k
IMPORTS (2022)$4.9M
NET TRADE (2022)-$4.89M

In 2022, Bosnia and Herzegovina exported $9.41k in Magnesium. The main destinations of Bosnia and Herzegovina exports on Magnesium were Switzerland ($6.51k), Serbia ($2.76k), and Italy ($134).

In 2022, Bosnia and Herzegovina imported $4.9M in Magnesium, mainly from China ($4.1M), Switzerland ($663k), Slovenia ($57.3k), Ukraine ($24k), and Albania ($21.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Switzerland$6.51k (1%)
Serbia$2.76k (1%)
Italy$134 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY Bosnia and Herzegovina WERE (2021 - 2022):
Canada-$68.4k (-100%)
Montenegro-$33.1k (-100%)
Slovenia-$508 (-100%)

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 Magnesium were:
China $2.46B
In 2022, Bosnia and Herzegovina's main importing competitors in Magnesium were:

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Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSerbia+ $3.53k
TOP IMPORT POTENTIALChina+ $234k

Magnesium’s highest export potential is Serbia. With an export gap of $3.53k.   Magnesium’s highest import potential is China with an import gap of $234k.

See methodology.

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