2022
Exports
$47.1kWorld Rnk 61 / 104
Flag Rnk 753 / 1052
2022
Imports
$433kWorld Rnk 88 / 185
Flag Rnk 817 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $47.1k in Nitric Acids, making it the 61st largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 753rd most exported product in Bosnia and Herzegovina. The main destination of Nitric Acids exports from Bosnia and Herzegovina are: Serbia ($44.6k) and Finland ($2.49k).

The fastest growing export markets for Nitric Acids of Bosnia and Herzegovina between 2021 and 2022 were Serbia ($23.2k) and Finland ($2.49k).

Imports In 2022, Bosnia and Herzegovina imported $433k in Nitric Acids, becoming the 88th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 817th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Nitric Acids primarily from: Slovakia ($116k), Poland ($78.9k), Hungary ($54.3k), Bulgaria ($48.7k), and Croatia ($38.4k).

The fastest growing import markets in Nitric Acids for Bosnia and Herzegovina between 2021 and 2022 were Slovakia ($53.6k), Hungary ($51.5k), and Bulgaria ($48.7k).

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 Nitric Acids. 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)$47.1k
IMPORTS (2022)$433k
NET TRADE (2022)-$386k

In 2022, Bosnia and Herzegovina exported $47.1k in Nitric Acids. The main destinations of Bosnia and Herzegovina exports on Nitric Acids were Serbia ($44.6k) and Finland ($2.49k).

In 2022, Bosnia and Herzegovina imported $433k in Nitric Acids, mainly from Slovakia ($116k), Poland ($78.9k), Hungary ($54.3k), Bulgaria ($48.7k), and Croatia ($38.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitric Acids EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Serbia$23.2k (109%)
Finland$2.49k (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 Nitric Acids were:
In 2022, Bosnia and Herzegovina's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFinland+ $1.76k
TOP IMPORT POTENTIALGermany+ $23.7k

Nitric Acids’s highest export potential is Finland. With an export gap of $1.76k.   Nitric Acids’s highest import potential is Germany with an import gap of $23.7k.

See methodology.

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