2023
Exports
$313kWorld Rnk 102 / 150
Flag Rnk 517 / 1050
falsefalse Serbia
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$95.6kWorld Rnk 104 / 159
Flag Rnk 976 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $313k in Crude Petroleum, making it the 102nd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 517th most exported product in Bosnia and Herzegovina. The main destination of Crude Petroleum exports from Bosnia and Herzegovina are: Serbia ($313k).

Imports In 2023, Bosnia and Herzegovina imported $95.6k in Crude Petroleum, becoming the 104th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 976th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Crude Petroleum primarily from: Netherlands ($31.2k), Slovenia ($29k), Romania ($18.7k), and Hungary ($16.8k).

The fastest growing import markets in Crude Petroleum for Bosnia and Herzegovina between 2022 and 2023 were Netherlands ($19.7k) and Hungary ($16.8k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$313k
IMPORTS (2023)$95.6k
NET TRADE (2023)$218k

In 2023, Bosnia and Herzegovina exported $313k in Crude Petroleum. The main destinations of Bosnia and Herzegovina exports on Crude Petroleum were Serbia ($313k).

In 2023, Bosnia and Herzegovina imported $95.6k in Crude Petroleum, mainly from Netherlands ($31.2k), Slovenia ($29k), Romania ($18.7k), and Hungary ($16.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Bosnia and Herzegovina WERE (2022 - 2023):Serbia-$5.07M (-94.2%)

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 Crude Petroleum were:
In 2023, Bosnia and Herzegovina's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSerbia+ $1.08M
TOP IMPORT POTENTIALNetherlands+ $32.7k

Crude Petroleum’s highest export potential is Serbia. With an export gap of $1.08M.   Crude Petroleum’s highest import potential is Netherlands with an import gap of $32.7k.

See methodology.

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