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2022
Exports $175kWorld Rnk 110 / 149
Flag Rnk 580 / 1052
2022
Destination $87.1k Serbia
2021 - 2022
FASTEST GROWING MARKET $87.1kMontenegro
2022
PRODUCT COMPLEXITY IN Palm Oil-2.31Rnk 1012 / 1025
2022
Imports $4.37MWorld Rnk 143 / 208
Flag Rnk 449 / 1170
2022
Origin $101k Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $101kSweden
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $175k in Palm Oil, making it the 110th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 580th most exported product in Bosnia and Herzegovina. The main destination of Palm Oil exports from Bosnia and Herzegovina are: Serbia ($87.6k) and Montenegro ($87.1k).

The fastest growing export markets for Palm Oil of Bosnia and Herzegovina between 2021 and 2022 were Montenegro ($87.1k).

Imports In 2022, Bosnia and Herzegovina imported $4.37M in Palm Oil, becoming the 143rd largest importer of Palm Oil in the world. At the same year, Palm Oil was the 449th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Palm Oil primarily from: Indonesia ($2.64M), Malaysia ($991k), Sweden ($308k), Serbia ($128k), and India ($79.5k).

The fastest growing import markets in Palm Oil for Bosnia and Herzegovina between 2021 and 2022 were Sweden ($101k), Serbia ($51.3k), and India ($49.4k).

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 Palm Oil. 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)$175k
IMPORTS (2022)$4.37M
NET TRADE (2022)-$4.19M

In 2022, Bosnia and Herzegovina exported $175k in Palm Oil. The main destinations of Bosnia and Herzegovina exports on Palm Oil were Serbia ($87.6k) and Montenegro ($87.1k).

In 2022, Bosnia and Herzegovina imported $4.37M in Palm Oil, mainly from Indonesia ($2.64M), Malaysia ($991k), Sweden ($308k), Serbia ($128k), and India ($79.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):Montenegro$87.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY Bosnia and Herzegovina WERE (2021 - 2022):
Serbia-$34.2k (-28.1%)
Netherlands-$16 (-100%)
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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 Palm Oil were:
Indonesia $28.7B
Malaysia $17.7B
Thailand $1.31B
In 2022, Bosnia and Herzegovina's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B
Pakistan $3.8B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSerbia+ $19.5k
TOP IMPORT POTENTIALIndonesia+ $1.41M

Palm Oil’s highest export potential is Serbia. With an export gap of $19.5k.   Palm Oil’s highest import potential is Indonesia with an import gap of $1.41M.

See methodology.

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