2023
Exports
$159MWorld Rnk 18 / 120
Flag Rnk 13 / 1050
2023
PRODUCT COMPLEXITY IN Explosive Ammunition
0.28Rnk 468 / 1025
2023
Imports
$6.87MWorld Rnk 75 / 198
Flag Rnk 359 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $159M in Explosive Ammunition, making it the 18th largest exporter of Explosive Ammunition in the world. At the same year, Explosive Ammunition was the 13th most exported product in Bosnia and Herzegovina. The main destination of Explosive Ammunition exports from Bosnia and Herzegovina are: United States ($41.6M), Bulgaria ($22.7M), Turkey ($18M), Iraq ($9.47M), and Saudi Arabia ($8.5M).

The fastest growing export markets for Explosive Ammunition of Bosnia and Herzegovina between 2022 and 2023 were Bulgaria ($22.3M), Iraq ($9.47M), and United States ($9.44M).

Imports In 2023, Bosnia and Herzegovina imported $6.87M in Explosive Ammunition, becoming the 75th largest importer of Explosive Ammunition in the world. At the same year, Explosive Ammunition was the 359th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Explosive Ammunition primarily from: Serbia ($2M), Egypt ($1.85M), Turkey ($1.03M), Czechia ($910k), and Italy ($585k).

The fastest growing import markets in Explosive Ammunition for Bosnia and Herzegovina between 2022 and 2023 were Egypt ($1.85M), Turkey ($817k), and Czechia ($748k).

Latest Trends

Jan 2025

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 Explosive Ammunition. 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)$159M
IMPORTS (2023)$6.87M
NET TRADE (2023)$152M

In 2023, Bosnia and Herzegovina exported $159M in Explosive Ammunition. The main destinations of Bosnia and Herzegovina exports on Explosive Ammunition were United States ($41.6M), Bulgaria ($22.7M), Turkey ($18M), Iraq ($9.47M), and Saudi Arabia ($8.5M).

In 2023, Bosnia and Herzegovina imported $6.87M in Explosive Ammunition, mainly from Serbia ($2M), Egypt ($1.85M), Turkey ($1.03M), Czechia ($910k), and Italy ($585k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Explosive Ammunition EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Bulgaria$22.3M (5.39k%)
Iraq$9.47M (1%)
United States$9.44M (29.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Explosive Ammunition BY Bosnia and Herzegovina WERE (2022 - 2023):
Saudi Arabia-$17.5M (-67.3%)
Egypt-$9.26M (-99.9%)
Kenya-$2.38M (-56.9%)

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 Explosive Ammunition were:
In 2023, Bosnia and Herzegovina's main importing competitors in Explosive Ammunition were:

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Trade Value of Explosive Ammunition by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.27M
TOP IMPORT POTENTIALUnited States+ $640k

Explosive Ammunition’s highest export potential is United States. With an export gap of $3.27M.   Explosive Ammunition’s highest import potential is United States with an import gap of $640k.

See methodology.

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