2023
Exports
$36.9MWorld Rnk 63 / 175
Flag Rnk 59 / 1050
2023
PRODUCT COMPLEXITY IN Cement
-1.48Rnk 943 / 1025
2023
Imports
$42.3MWorld Rnk 85 / 224
Flag Rnk 93 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $36.9M in Cement, making it the 63rd largest exporter of Cement in the world. At the same year, Cement was the 59th most exported product in Bosnia and Herzegovina. The main destination of Cement exports from Bosnia and Herzegovina are: Croatia ($28.2M), Serbia ($3.62M), Montenegro ($3.55M), Slovakia ($999k), and Austria ($268k).

The fastest growing export markets for Cement of Bosnia and Herzegovina between 2022 and 2023 were Croatia ($5.73M), Montenegro ($2.32M), and Serbia ($2.02M).

Imports In 2023, Bosnia and Herzegovina imported $42.3M in Cement, becoming the 85th largest importer of Cement in the world. At the same year, Cement was the 93rd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Cement primarily from: Croatia ($38.3M), Slovenia ($1.81M), Turkey ($626k), Slovakia ($481k), and Italy ($397k).

The fastest growing import markets in Cement for Bosnia and Herzegovina between 2022 and 2023 were Croatia ($5.05M), Spain ($116k), and Serbia ($37.3k).

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 Cement. 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)$36.9M
IMPORTS (2023)$42.3M
NET TRADE (2023)-$5.39M

In 2023, Bosnia and Herzegovina exported $36.9M in Cement. The main destinations of Bosnia and Herzegovina exports on Cement were Croatia ($28.2M), Serbia ($3.62M), Montenegro ($3.55M), Slovakia ($999k), and Austria ($268k).

In 2023, Bosnia and Herzegovina imported $42.3M in Cement, mainly from Croatia ($38.3M), Slovenia ($1.81M), Turkey ($626k), Slovakia ($481k), and Italy ($397k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Croatia$5.73M (25.5%)
Montenegro$2.32M (190%)
Serbia$2.02M (126%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Bosnia and Herzegovina WERE (2022 - 2023):
Slovakia-$1.07M (-51.7%)
North Macedonia-$53.7k (-99.9%)
Switzerland-$2.66k (-84.4%)

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 Cement were:
Turkey $1.65B
Vietnam $1.58B
Egypt $841M
In 2023, Bosnia and Herzegovina's main importing competitors in Cement were:

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Trade Value of Cement by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSerbia+ $683k
TOP IMPORT POTENTIALTurkey+ $971k

Cement’s highest export potential is Serbia. With an export gap of $683k.   Cement’s highest import potential is Turkey with an import gap of $971k.

See methodology.

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