2023
Exports
$119kWorld Rnk 102 / 155
Flag Rnk 635 / 1050
2023
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.29Rnk 898 / 1025
2023
Imports
$3.4MWorld Rnk 106 / 217
Flag Rnk 508 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $119k in Other Vegetable Oils, making it the 102nd largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 635th most exported product in Bosnia and Herzegovina. The main destination of Other Vegetable Oils exports from Bosnia and Herzegovina are: North Macedonia ($62.2k), Serbia ($42.1k), Montenegro ($12.6k), Austria ($1.64k), and Australia ($174).

The fastest growing export markets for Other Vegetable Oils of Bosnia and Herzegovina between 2022 and 2023 were North Macedonia ($62.2k), Serbia ($24k), and Montenegro ($10.6k).

Imports In 2023, Bosnia and Herzegovina imported $3.4M in Other Vegetable Oils, becoming the 106th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 508th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Other Vegetable Oils primarily from: Indonesia ($1.67M), Serbia ($726k), Malaysia ($187k), Hungary ($143k), and Bulgaria ($141k).

The fastest growing import markets in Other Vegetable Oils for Bosnia and Herzegovina between 2022 and 2023 were Bulgaria ($96.2k), Hungary ($95.7k), and Malaysia ($83.2k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$119k
IMPORTS (2023)$3.4M
NET TRADE (2023)-$3.28M

In 2023, Bosnia and Herzegovina exported $119k in Other Vegetable Oils. The main destinations of Bosnia and Herzegovina exports on Other Vegetable Oils were North Macedonia ($62.2k), Serbia ($42.1k), Montenegro ($12.6k), Austria ($1.64k), and Australia ($174).

In 2023, Bosnia and Herzegovina imported $3.4M in Other Vegetable Oils, mainly from Indonesia ($1.67M), Serbia ($726k), Malaysia ($187k), Hungary ($143k), and Bulgaria ($141k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2022 - 2023):
North Macedonia$62.2k (1%)
Serbia$24k (133%)
Montenegro$10.6k (539%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Bosnia and Herzegovina WERE (2022 - 2023):
Australia-$2.26k (-92.8%)
Ireland-$3 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Bosnia and Herzegovina's main exporting competitors in Other Vegetable Oils were:
In 2023, Bosnia and Herzegovina's main importing competitors in Other Vegetable Oils were:

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSerbia+ $4.47k
TOP IMPORT POTENTIALIndonesia+ $252k

Other Vegetable Oils’s highest export potential is Serbia. With an export gap of $4.47k.   Other Vegetable Oils’s highest import potential is Indonesia with an import gap of $252k.

See methodology.

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