2023
Exports
$1.05MWorld Rnk 35 / 116
Flag Rnk 366 / 1050
falsefalse Croatia
2023
PRODUCT COMPLEXITY IN Peat
0.017Rnk 552 / 1025
2023
Imports
$3.26MWorld Rnk 51 / 198
Flag Rnk 520 / 1175
2023
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.7Rnk 37 / 132

About

Exports In 2023, Bosnia and Herzegovina exported $1.05M in Peat, making it the 35th largest exporter of Peat in the world. At the same year, Peat was the 366th most exported product in Bosnia and Herzegovina. The main destination of Peat exports from Bosnia and Herzegovina are: Croatia ($845k), Montenegro ($202k), and Serbia ($1.13k).

Imports In 2023, Bosnia and Herzegovina imported $3.26M in Peat, becoming the 51st largest importer of Peat in the world. At the same year, Peat was the 520th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Peat primarily from: Germany ($795k), Hungary ($686k), Lithuania ($683k), Italy ($527k), and Latvia ($423k).

The fastest growing import markets in Peat for Bosnia and Herzegovina between 2022 and 2023 were Italy ($99.7k), Lithuania ($44.8k), and Belarus ($3.41k).

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 Peat. 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)$1.05M
IMPORTS (2023)$3.26M
NET TRADE (2023)-$2.21M

In 2023, Bosnia and Herzegovina exported $1.05M in Peat. The main destinations of Bosnia and Herzegovina exports on Peat were Croatia ($845k), Montenegro ($202k), and Serbia ($1.13k).

In 2023, Bosnia and Herzegovina imported $3.26M in Peat, mainly from Germany ($795k), Hungary ($686k), Lithuania ($683k), Italy ($527k), and Latvia ($423k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Bosnia and Herzegovina WERE (2022 - 2023):
Croatia-$111k (-11.6%)
Montenegro-$21k (-9.38%)
Serbia-$367 (-24.5%)

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

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSerbia+ $5.6k
TOP IMPORT POTENTIALNetherlands+ $56.6k

Peat’s highest export potential is Serbia. With an export gap of $5.6k.   Peat’s highest import potential is Netherlands with an import gap of $56.6k.

See methodology.

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