2023
Exports
$1.47MWorld Rnk 119 / 175
Flag Rnk 79 / 96
2023
PRODUCT COMPLEXITY IN Fertilizers
-0.92Rnk 808 / 1025
2023
Imports
$63.8MWorld Rnk 105 / 221
Flag Rnk 51 / 96
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $1.47M in Fertilizers, making it the 119th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 79th most exported product in Bosnia and Herzegovina. The main destination of Fertilizers exports from Bosnia and Herzegovina are: Hungary ($740k), Croatia ($198k), Serbia ($158k), Montenegro ($116k), and Italy ($89.9k).

The fastest growing export markets for Fertilizers of Bosnia and Herzegovina between 2022 and 2023 were Croatia ($160k), Slovenia ($27.2k), and Montenegro ($21.4k).

Imports In 2023, Bosnia and Herzegovina imported $63.8M in Fertilizers, becoming the 105th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 51st most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Fertilizers primarily from: Russia ($22.6M), Serbia ($9.16M), Turkey ($6.09M), Austria ($4.87M), and Croatia ($3.89M).

The fastest growing import markets in Fertilizers for Bosnia and Herzegovina between 2022 and 2023 were Russia ($3.43M), Slovakia ($1.76M), and Turkey ($943k).

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 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 (2023)$1.47M
IMPORTS (2023)$63.8M
NET TRADE (2023)-$62.3M

In 2023, Bosnia and Herzegovina exported $1.47M in Fertilizers. The main destinations of Bosnia and Herzegovina exports on Fertilizers were Hungary ($740k), Croatia ($198k), Serbia ($158k), Montenegro ($116k), and Italy ($89.9k).

In 2023, Bosnia and Herzegovina imported $63.8M in Fertilizers, mainly from Russia ($22.6M), Serbia ($9.16M), Turkey ($6.09M), Austria ($4.87M), and Croatia ($3.89M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Croatia$160k (419%)
Slovenia$27.2k (2k%)
Montenegro$21.4k (22.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Bosnia and Herzegovina WERE (2022 - 2023):
Serbia-$446k (-73.8%)
Saudi Arabia-$273k (-100%)
Slovakia-$254k (-100%)

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 Fertilizers were:
Russia $15.3B
China $10.9B
Canada $10.4B
In 2023, 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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