2022
Exports
$73.2MWorld Rnk 78 / 217
Flag Rnk 39 / 1052
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$338MWorld Rnk 88 / 224
Flag Rnk 6 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $73.2M in Packaged Medicaments, making it the 78th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 39th most exported product in Bosnia and Herzegovina. The main destination of Packaged Medicaments exports from Bosnia and Herzegovina are: Russia ($36M), Serbia ($21M), Moldova ($2.31M), United Kingdom ($1.9M), and Ukraine ($1.76M).

The fastest growing export markets for Packaged Medicaments of Bosnia and Herzegovina between 2021 and 2022 were United Kingdom ($1.88M), Albania ($551k), and North Macedonia ($408k).

Imports In 2022, Bosnia and Herzegovina imported $338M in Packaged Medicaments, becoming the 88th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 6th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Packaged Medicaments primarily from: Slovenia ($72.1M), Germany ($37.2M), Serbia ($26.5M), Switzerland ($26.5M), and Italy ($23.7M).

The fastest growing import markets in Packaged Medicaments for Bosnia and Herzegovina between 2021 and 2022 were Slovenia ($4.95M), Serbia ($4.49M), and Switzerland ($3.51M).

Latest Trends

Sep 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 Packaged Medicaments. 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)$73.2M
IMPORTS (2022)$338M
NET TRADE (2022)-$265M

In 2022, Bosnia and Herzegovina exported $73.2M in Packaged Medicaments. The main destinations of Bosnia and Herzegovina exports on Packaged Medicaments were Russia ($36M), Serbia ($21M), Moldova ($2.31M), United Kingdom ($1.9M), and Ukraine ($1.76M).

In 2022, Bosnia and Herzegovina imported $338M in Packaged Medicaments, mainly from Slovenia ($72.1M), Germany ($37.2M), Serbia ($26.5M), Switzerland ($26.5M), and Italy ($23.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
United Kingdom$1.88M (10.9k%)
Albania$551k (49.2%)
North Macedonia$408k (32.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Bosnia and Herzegovina WERE (2021 - 2022):
Russia-$12.3M (-25.5%)
Ukraine-$1.2M (-40.6%)
Libya-$1.01M (-54.7%)

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 Packaged Medicaments were:
In 2022, Bosnia and Herzegovina's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $6.64M
TOP IMPORT POTENTIALGermany+ $24.1M

Packaged Medicaments’s highest export potential is Russia. With an export gap of $6.64M.   Packaged Medicaments’s highest import potential is Germany with an import gap of $24.1M.

See methodology.

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