2022
Exports
$190kWorld Rnk 81 / 128
Flag Rnk 563 / 1052
2022
PRODUCT COMPLEXITY IN Iron Ore
-1.79Rnk 980 / 1025
2022
Imports
$6.96MWorld Rnk 52 / 130
Flag Rnk 358 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $190k in Iron Ore, making it the 81st largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 563rd most exported product in Bosnia and Herzegovina. The main destination of Iron Ore exports from Bosnia and Herzegovina are: Hungary ($164k), Croatia ($21.9k), Spain ($2.38k), Serbia ($1.95k), and Turkey ($7).

The fastest growing export markets for Iron Ore of Bosnia and Herzegovina between 2021 and 2022 were Hungary ($107k), Croatia ($2.62k), and Spain ($2.38k).

Imports In 2022, Bosnia and Herzegovina imported $6.96M in Iron Ore, becoming the 52nd largest importer of Iron Ore in the world. At the same year, Iron Ore was the 358th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Iron Ore primarily from: Spain ($5M), Turkey ($1.93M), Norway ($14.5k), Brazil ($11.4k), and United Kingdom ($10.1k).

The fastest growing import markets in Iron Ore for Bosnia and Herzegovina between 2021 and 2022 were Spain ($1.93M), Turkey ($1.9M), and Norway ($14.5k).

Latest Trends

Sep 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 Iron Ore. 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)$190k
IMPORTS (2022)$6.96M
NET TRADE (2022)-$6.77M

In 2022, Bosnia and Herzegovina exported $190k in Iron Ore. The main destinations of Bosnia and Herzegovina exports on Iron Ore were Hungary ($164k), Croatia ($21.9k), Spain ($2.38k), Serbia ($1.95k), and Turkey ($7).

In 2022, Bosnia and Herzegovina imported $6.96M in Iron Ore, mainly from Spain ($5M), Turkey ($1.93M), Norway ($14.5k), Brazil ($11.4k), and United Kingdom ($10.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Hungary$107k (187%)
Croatia$2.62k (13.6%)
Spain$2.38k (1%)

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 Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, Bosnia and Herzegovina's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCroatia+ $27k
TOP IMPORT POTENTIALBrazil+ $84.1k

Iron Ore’s highest export potential is Croatia. With an export gap of $27k.   Iron Ore’s highest import potential is Brazil with an import gap of $84.1k.

See methodology.

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