2022
Exports
$36.2kWorld Rnk 84 / 117
Flag Rnk 787 / 1052
2022
PRODUCT COMPLEXITY IN Whey and other milk products
0.4Rnk 408 / 1025
2022
Imports
$5.59MWorld Rnk 72 / 198
Flag Rnk 408 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $36.2k in Whey and other milk products, making it the 84th largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 787th most exported product in Bosnia and Herzegovina. The main destination of Whey and other milk products exports from Bosnia and Herzegovina are: North Macedonia ($12.8k), Sweden ($12.6k), Montenegro ($7.22k), Slovenia ($3.58k), and Serbia ($65).

The fastest growing export markets for Whey and other milk products of Bosnia and Herzegovina between 2021 and 2022 were Montenegro ($4.73k).

Imports In 2022, Bosnia and Herzegovina imported $5.59M in Whey and other milk products, becoming the 72nd largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 408th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Whey and other milk products primarily from: Hungary ($2.62M), Poland ($1.44M), Serbia ($765k), Germany ($252k), and Slovenia ($160k).

The fastest growing import markets in Whey and other milk products for Bosnia and Herzegovina between 2021 and 2022 were Hungary ($747k), Serbia ($258k), and Germany ($114k).

Latest Trends

Oct 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 Whey and other milk products. 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)$36.2k
IMPORTS (2022)$5.59M
NET TRADE (2022)-$5.55M

In 2022, Bosnia and Herzegovina exported $36.2k in Whey and other milk products. The main destinations of Bosnia and Herzegovina exports on Whey and other milk products were North Macedonia ($12.8k), Sweden ($12.6k), Montenegro ($7.22k), Slovenia ($3.58k), and Serbia ($65).

In 2022, Bosnia and Herzegovina imported $5.59M in Whey and other milk products, mainly from Hungary ($2.62M), Poland ($1.44M), Serbia ($765k), Germany ($252k), and Slovenia ($160k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Whey and other milk products EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):Montenegro$4.73k (189%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Whey and other milk products BY Bosnia and Herzegovina WERE (2021 - 2022):
Slovenia-$4.86k (-57.6%)
Sweden-$2.21k (-14.9%)
Serbia-$1.65k (-96.2%)

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 Whey and other milk products were:
In 2022, Bosnia and Herzegovina's main importing competitors in Whey and other milk products were:

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Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSweden+ $5.74k
TOP IMPORT POTENTIALGermany+ $241k

Whey and other milk products’s highest export potential is Sweden. With an export gap of $5.74k.   Whey and other milk products’s highest import potential is Germany with an import gap of $241k.

See methodology.

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