2023
Exports
$92.2MWorld Rnk 5 / 66
Flag Rnk 29 / 1050
2023
PRODUCT COMPLEXITY IN Lignite
-1.57Rnk 955 / 1025
2023
Imports
$6.52MWorld Rnk 24 / 111
Flag Rnk 372 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $92.2M in Lignite, making it the 5th largest exporter of Lignite in the world. At the same year, Lignite was the 29th most exported product in Bosnia and Herzegovina. The main destination of Lignite exports from Bosnia and Herzegovina are: Serbia ($91.7M), Croatia ($346k), Slovenia ($126k), Hungary ($66.6k), and Slovakia ($5.93k).

The fastest growing export markets for Lignite of Bosnia and Herzegovina between 2022 and 2023 were Serbia ($15.4M).

Imports In 2023, Bosnia and Herzegovina imported $6.52M in Lignite, becoming the 24th largest importer of Lignite in the world. At the same year, Lignite was the 372nd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Lignite primarily from: Germany ($3.63M), Czechia ($2.28M), Turkey ($288k), Serbia ($148k), and Indonesia ($128k).

The fastest growing import markets in Lignite for Bosnia and Herzegovina between 2022 and 2023 were Germany ($592k), Turkey ($288k), and Indonesia ($128k).

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 Lignite. 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)$92.2M
IMPORTS (2023)$6.52M
NET TRADE (2023)$85.7M

In 2023, Bosnia and Herzegovina exported $92.2M in Lignite. The main destinations of Bosnia and Herzegovina exports on Lignite were Serbia ($91.7M), Croatia ($346k), Slovenia ($126k), Hungary ($66.6k), and Slovakia ($5.93k).

In 2023, Bosnia and Herzegovina imported $6.52M in Lignite, mainly from Germany ($3.63M), Czechia ($2.28M), Turkey ($288k), Serbia ($148k), and Indonesia ($128k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Lignite EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):Serbia$15.4M (20.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lignite BY Bosnia and Herzegovina WERE (2022 - 2023):
Slovenia-$2.07M (-94.2%)
Hungary-$516k (-88.6%)
Croatia-$188k (-35.3%)

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

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Trade Value of Lignite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHungary+ $200k
TOP IMPORT POTENTIALSerbia+ $30.5k

Lignite’s highest export potential is Hungary. With an export gap of $200k.   Lignite’s highest import potential is Serbia with an import gap of $30.5k.

See methodology.

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