2023
Exports
$7.19MWorld Rnk 50 / 135
Flag Rnk 180 / 1050
2023
PRODUCT COMPLEXITY IN Wheat
-0.28Rnk 640 / 1025
2023
Imports
$56.1MWorld Rnk 101 / 195
Flag Rnk 69 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $7.19M in Wheat, making it the 50th largest exporter of Wheat in the world. At the same year, Wheat was the 180th most exported product in Bosnia and Herzegovina. The main destination of Wheat exports from Bosnia and Herzegovina are: Croatia ($4.81M), Serbia ($1.2M), Turkey ($821k), and Austria ($361k).

The fastest growing export markets for Wheat of Bosnia and Herzegovina between 2022 and 2023 were Serbia ($1.18M) and Turkey ($821k).

Imports In 2023, Bosnia and Herzegovina imported $56.1M in Wheat, becoming the 101st largest importer of Wheat in the world. At the same year, Wheat was the 69th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Wheat primarily from: Hungary ($26.6M), Serbia ($21.6M), Croatia ($7.85M), Slovenia ($23.1k), and Germany ($1.63k).

The fastest growing import markets in Wheat for Bosnia and Herzegovina between 2022 and 2023 were Slovenia ($3.71k), Jordan ($476), and Finland ($448).

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 Wheat. 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)$7.19M
IMPORTS (2023)$56.1M
NET TRADE (2023)-$48.9M

In 2023, Bosnia and Herzegovina exported $7.19M in Wheat. The main destinations of Bosnia and Herzegovina exports on Wheat were Croatia ($4.81M), Serbia ($1.2M), Turkey ($821k), and Austria ($361k).

In 2023, Bosnia and Herzegovina imported $56.1M in Wheat, mainly from Hungary ($26.6M), Serbia ($21.6M), Croatia ($7.85M), Slovenia ($23.1k), and Germany ($1.63k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Serbia$1.18M (10k%)
Turkey$821k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Bosnia and Herzegovina WERE (2022 - 2023):
Croatia-$1.79M (-27.2%)
Austria-$766k (-68%)
Montenegro-$1.84k (-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 Wheat were:
In 2023, Bosnia and Herzegovina's main importing competitors in Wheat were:

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustria+ $243k
TOP IMPORT POTENTIALFrance+ $155k

Wheat’s highest export potential is Austria. With an export gap of $243k.   Wheat’s highest import potential is France with an import gap of $155k.

See methodology.

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