2023
Exports
$12.5MWorld Rnk 92 / 215
Flag Rnk 57 / 96
2023
PRODUCT COMPLEXITY IN Organic chemicals
1.84Rnk 10 / 1025
2023
Imports
$70.7MWorld Rnk 105 / 225
Flag Rnk 49 / 96
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $12.5M in Organic chemicals, making it the 92nd largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 57th most exported product in Bosnia and Herzegovina. The main destination of Organic chemicals exports from Bosnia and Herzegovina are: Italy ($5.83M), Serbia ($1.53M), Germany ($1.12M), Turkey ($1.01M), and Slovenia ($966k).

The fastest growing export markets for Organic chemicals of Bosnia and Herzegovina between 2022 and 2023 were Poland ($168k), Montenegro ($81.6k), and Belarus ($70.4k).

Imports In 2023, Bosnia and Herzegovina imported $70.7M in Organic chemicals, becoming the 105th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 49th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Organic chemicals primarily from: China ($14.6M), India ($6.96M), Serbia ($6.75M), Hungary ($5.43M), and Poland ($5.24M).

The fastest growing import markets in Organic chemicals for Bosnia and Herzegovina between 2022 and 2023 were Russia ($4.05M), China ($3.02M), and India ($2.73M).

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 Organic chemicals. 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)$12.5M
IMPORTS (2023)$70.7M
NET TRADE (2023)-$58.2M

In 2023, Bosnia and Herzegovina exported $12.5M in Organic chemicals. The main destinations of Bosnia and Herzegovina exports on Organic chemicals were Italy ($5.83M), Serbia ($1.53M), Germany ($1.12M), Turkey ($1.01M), and Slovenia ($966k).

In 2023, Bosnia and Herzegovina imported $70.7M in Organic chemicals, mainly from China ($14.6M), India ($6.96M), Serbia ($6.75M), Hungary ($5.43M), and Poland ($5.24M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
Poland$168k (41.6%)
Montenegro$81.6k (50.3%)
Belarus$70.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Bosnia and Herzegovina WERE (2022 - 2023):
Italy-$3.97M (-40.5%)
Turkey-$1.2M (-54.4%)
Czechia-$921k (-88.7%)

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

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $1.5M
TOP IMPORT POTENTIALChina+ $6.92M

Organic chemicals’s highest export potential is Turkey. With an export gap of $1.5M.   Organic chemicals’s highest import potential is China with an import gap of $6.92M.

See methodology.

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