2018
Exports
$96.6MWorld Rnk 74 / 214
Flag Rnk 28 / 1050
2023
PRODUCT COMPLEXITY IN Packaged Medicaments
0.63Rnk 313 / 1025
2018
Imports
$373MWorld Rnk 91 / 226
Flag Rnk 3 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2018, Bosnia and Herzegovina exported $96.6M in Packaged Medicaments, making it the 74th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 28th most exported product in Bosnia and Herzegovina. The main destination of Packaged Medicaments exports from Bosnia and Herzegovina are: Russia ($50M), Serbia ($25.7M), Germany ($2.87M), Ukraine ($2.7M), and Moldova ($2.66M).

The fastest growing export markets for Packaged Medicaments of Bosnia and Herzegovina between 2022 and 2023 were Russia ($14M), Serbia ($5.23M), and Germany ($1.23M).

Imports In 2023, Bosnia and Herzegovina imported $373M in Packaged Medicaments, becoming the 91st largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Packaged Medicaments primarily from: Germany ($68.7M), Slovenia ($56.5M), Italy ($27.8M), France ($27M), and Serbia ($23.6M).

The fastest growing import markets in Packaged Medicaments for Bosnia and Herzegovina between 2022 and 2023 were Germany ($12.5M), Switzerland ($4.51M), and Slovenia ($4.38M).

Latest Trends

Dec 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 Packaged Medicaments. 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 (2023)$96.6M
IMPORTS (2023)$373M
NET TRADE (2023)-$277M

In 2023, Bosnia and Herzegovina exported $96.6M in Packaged Medicaments. The main destinations of Bosnia and Herzegovina exports on Packaged Medicaments were Russia ($50M), Serbia ($25.7M), Germany ($2.87M), Ukraine ($2.7M), and Moldova ($2.66M).

In 2023, Bosnia and Herzegovina imported $373M in Packaged Medicaments, mainly from Germany ($68.7M), Slovenia ($56.5M), Italy ($27.8M), France ($27M), and Serbia ($23.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Russia$14M (38.7%)
Serbia$5.23M (25.5%)
Germany$1.23M (74.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Bosnia and Herzegovina WERE (2022 - 2023):
United Kingdom-$1.9M (-99.9%)
Libya-$460k (-54.8%)
Spain-$141k (-20.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bosnia and Herzegovina's main exporting competitors in Packaged Medicaments were:
In 2023, Bosnia and Herzegovina's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $6.64M
TOP IMPORT POTENTIALGermany+ $24.1M

Packaged Medicaments’s highest export potential is Russia. With an export gap of $6.64M.   Packaged Medicaments’s highest import potential is Germany with an import gap of $24.1M.

See methodology.

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