2023
Exports
$556kWorld Rnk 98 / 162
Flag Rnk 446 / 1050
2023
PRODUCT COMPLEXITY IN Margarine
-0.85Rnk 793 / 1025
2023
Imports
$23.6MWorld Rnk 69 / 221
Flag Rnk 163 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $556k in Margarine, making it the 98th largest exporter of Margarine in the world. At the same year, Margarine was the 446th most exported product in Bosnia and Herzegovina. The main destination of Margarine exports from Bosnia and Herzegovina are: Croatia ($180k), Slovenia ($176k), Serbia ($160k), Montenegro ($37.8k), and North Macedonia ($2.7k).

The fastest growing export markets for Margarine of Bosnia and Herzegovina between 2022 and 2023 were Serbia ($147k), Montenegro ($11.7k), and North Macedonia ($285).

Imports In 2023, Bosnia and Herzegovina imported $23.6M in Margarine, becoming the 69th largest importer of Margarine in the world. At the same year, Margarine was the 163rd most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Margarine primarily from: Croatia ($5.85M), Serbia ($5.55M), Sweden ($3.49M), Indonesia ($3.14M), and Belgium ($1.34M).

The fastest growing import markets in Margarine for Bosnia and Herzegovina between 2022 and 2023 were Serbia ($1.17M), Indonesia ($490k), and Netherlands ($354k).

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 Margarine. 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)$556k
IMPORTS (2023)$23.6M
NET TRADE (2023)-$23M

In 2023, Bosnia and Herzegovina exported $556k in Margarine. The main destinations of Bosnia and Herzegovina exports on Margarine were Croatia ($180k), Slovenia ($176k), Serbia ($160k), Montenegro ($37.8k), and North Macedonia ($2.7k).

In 2023, Bosnia and Herzegovina imported $23.6M in Margarine, mainly from Croatia ($5.85M), Serbia ($5.55M), Sweden ($3.49M), Indonesia ($3.14M), and Belgium ($1.34M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Serbia$147k (1.16k%)
Montenegro$11.7k (44.7%)
North Macedonia$285 (11.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Bosnia and Herzegovina WERE (2022 - 2023):
Austria-$809k (-100%)
Slovenia-$531k (-75.1%)
Croatia-$211k (-53.9%)

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 Margarine were:
In 2023, Bosnia and Herzegovina's main importing competitors in Margarine were:
China $1.08B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCroatia+ $43.6k
TOP IMPORT POTENTIALIndonesia+ $892k

Margarine’s highest export potential is Croatia. With an export gap of $43.6k.   Margarine’s highest import potential is Indonesia with an import gap of $892k.

See methodology.

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