Refined Petroleum in Bosnia and Herzegovina

2019
Exports | Imports
: $26.4M | $811M, World Rnk 119 / 214
Flag Rnk 62 / 1047 | World Rnk 99 / 225
Flag Rnk 1 / 1165

2019
Destination | Origin
: $9.91M | $476M, Serbia | Croatia

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $225k | $41.2M, Moldova |  Serbia

2019
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
: 0.7, Rnk 41 / 157

2019
PRODUCT COMPLEXITY  IN Refined Petroleum
: -0.87, Rnk 800 / 1029

Exports: In 2019, Bosnia and Herzegovina exported $26.4M in Refined Petroleum, making it the 119th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 62nd most exported product in Bosnia and Herzegovina. The main destination of Refined Petroleum exports from Bosnia and Herzegovina are: Serbia ($9.91M), Poland ($4.57M), Germany ($2.42M), Croatia ($1.44M), and Sweden ($1.28M).

The fastest growing export markets for Refined Petroleum of Bosnia and Herzegovina between 2018 and 2019 were Moldova ($225k), Vietnam ($133k), and Montenegro ($57.1k).

Imports: In 2019, Bosnia and Herzegovina imported $811M in Refined Petroleum, becoming the 99th 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 ($476M), Serbia ($160M), Italy ($69.8M), Slovenia ($48.8M), and Greece ($13.1M).

The fastest growing import markets in Refined Petroleum for Bosnia and Herzegovina between 2018 and 2019 were Serbia ($41.2M), Croatia ($31.3M), and Italy ($19.5M).

Tariffs: In 2018, the average tariff for Bosnia and Herzegovina in Refined Petroleum was 4%. The countries with the highest import tariffs for Refined Petroleum were Iran (8%), Angola (4.62%), Burundi (4.62%), Benin (4.62%), and Burkina Faso (4.62%).

Value

EXPORTS (2019): $26.4M

IMPORTS (2019): $811M

NET TRADE (2019): -$784M

In 2019, Bosnia and Herzegovina exported $26.4M in Refined Petroleum. The main destinations of Bosnia and Herzegovina exports on Refined Petroleum were Serbia ($9.91M), Poland ($4.57M), Germany ($2.42M), Croatia ($1.44M), and Sweden ($1.28M).

In 2019, Bosnia and Herzegovina imported $811M in Refined Petroleum, mainly from Croatia ($476M), Serbia ($160M), Italy ($69.8M), Slovenia ($48.8M), and Greece ($13.1M).

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IN 2019, Bosnia and Herzegovina HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

IN 2019, Bosnia and Herzegovina HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Bosnia and Herzegovina WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Bosnia and Herzegovina's main exporting competitors in Refined Petroleum were:

In 2018, Bosnia and Herzegovina's main importing competitors in Refined Petroleum were:

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Tariffs by Country

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In 2018, the average tariff for Bosnia and Herzegovina in Refined Petroleum was 4%.

The countries with the highest tariffs for Refined Petroleum in Bosnia and Herzegovina were Iran (8%), Angola (4.62%), Burundi (4.62%), Benin (4.62%), and Burkina Faso (4.62%).

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