2023
Exports
$47.5kWorld Rnk 125 / 197
Flag Rnk 738 / 1050
2023
PRODUCT COMPLEXITY IN Tea
-1.68Rnk 971 / 1025
2023
Imports
$773kWorld Rnk 151 / 224
Flag Rnk 743 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $47.5k in Tea, making it the 125th largest exporter of Tea in the world. At the same year, Tea was the 738th most exported product in Bosnia and Herzegovina. The main destination of Tea exports from Bosnia and Herzegovina are: Montenegro ($18.8k), Netherlands ($15.1k), Australia ($2.99k), United Arab Emirates ($2.19k), and United States ($2.06k).

The fastest growing export markets for Tea of Bosnia and Herzegovina between 2022 and 2023 were Montenegro ($9.87k), Australia ($1.81k), and United States ($1.55k).

Imports In 2023, Bosnia and Herzegovina imported $773k in Tea, becoming the 151st largest importer of Tea in the world. At the same year, Tea was the 743rd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Tea primarily from: Croatia ($167k), China ($104k), Turkey ($104k), Germany ($72.2k), and Serbia ($45k).

The fastest growing import markets in Tea for Bosnia and Herzegovina between 2022 and 2023 were Montenegro ($24.5k), Japan ($22.4k), and Uzbekistan ($21.1k).

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 Tea. 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)$47.5k
IMPORTS (2023)$773k
NET TRADE (2023)-$725k

In 2023, Bosnia and Herzegovina exported $47.5k in Tea. The main destinations of Bosnia and Herzegovina exports on Tea were Montenegro ($18.8k), Netherlands ($15.1k), Australia ($2.99k), United Arab Emirates ($2.19k), and United States ($2.06k).

In 2023, Bosnia and Herzegovina imported $773k in Tea, mainly from Croatia ($167k), China ($104k), Turkey ($104k), Germany ($72.2k), and Serbia ($45k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Montenegro$9.87k (111%)
Australia$1.81k (152%)
United States$1.55k (305%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Bosnia and Herzegovina WERE (2022 - 2023):
Slovenia-$25.7k (-99.4%)
North Macedonia-$8.57k (-90.9%)
Switzerland-$6k (-100%)

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 Tea were:
China $1.39B
Kenya $1.37B
In 2023, Bosnia and Herzegovina's main importing competitors in Tea were:

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $11.1k
TOP IMPORT POTENTIALChina+ $131k

Tea’s highest export potential is Netherlands. With an export gap of $11.1k.   Tea’s highest import potential is China with an import gap of $131k.

See methodology.

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