2022
Exports
$2.5MWorld Rnk 116 / 175
Flag Rnk 75 / 96
2022
PRODUCT COMPLEXITY IN Fertilizers
-0.82Rnk 785 / 1025
2022
Imports
$111MWorld Rnk 95 / 223
Flag Rnk 32 / 96
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $2.5M in Fertilizers, making it the 116th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 75th most exported product in Bosnia and Herzegovina. The main destination of Fertilizers exports from Bosnia and Herzegovina are: Hungary ($1.2M), Serbia ($682k), Slovakia ($254k), North Macedonia ($112k), and Italy ($105k).

The fastest growing export markets for Fertilizers of Bosnia and Herzegovina between 2021 and 2022 were Slovakia ($254k), Italy ($71.2k), and Montenegro ($29.7k).

Imports In 2022, Bosnia and Herzegovina imported $111M in Fertilizers, becoming the 95th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 32nd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Fertilizers primarily from: Serbia ($38M), Russia ($16.9M), Croatia ($15.9M), Austria ($10.6M), and Hungary ($7.84M).

The fastest growing import markets in Fertilizers for Bosnia and Herzegovina between 2021 and 2022 were Serbia ($27.1M), Russia ($11.6M), and Austria ($10.2M).

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 Fertilizers. 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)$2.5M
IMPORTS (2022)$111M
NET TRADE (2022)-$109M

In 2022, Bosnia and Herzegovina exported $2.5M in Fertilizers. The main destinations of Bosnia and Herzegovina exports on Fertilizers were Hungary ($1.2M), Serbia ($682k), Slovakia ($254k), North Macedonia ($112k), and Italy ($105k).

In 2022, Bosnia and Herzegovina imported $111M in Fertilizers, mainly from Serbia ($38M), Russia ($16.9M), Croatia ($15.9M), Austria ($10.6M), and Hungary ($7.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Slovakia$254k (1%)
Italy$71.2k (210%)
Montenegro$29.7k (44.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Bosnia and Herzegovina WERE (2021 - 2022):
Serbia-$629k (-47.9%)
Hungary-$375k (-23.7%)
Saudi Arabia-$272k (-100%)

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 Fertilizers were:
Russia $18.7B
Canada $14.5B
China $12.7B
In 2022, Bosnia and Herzegovina's main importing competitors in Fertilizers were:

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSerbia+ $451k
TOP IMPORT POTENTIALRussia+ $8.16M

Fertilizers’s highest export potential is Serbia. With an export gap of $451k.   Fertilizers’s highest import potential is Russia with an import gap of $8.16M.

See methodology.

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