2022
Exports
$10.9MWorld Rnk 74 / 202
Flag Rnk 133 / 1052
2022
PRODUCT COMPLEXITY IN Sauces and Seasonings
-0.62Rnk 736 / 1025
2022
Imports
$28.4MWorld Rnk 82 / 225
Flag Rnk 130 / 1170
2022
ECONOMIC COMPLEXITY of Bosnia and Herzegovina
0.67Rnk 39 / 133

About

Exports In 2022, Bosnia and Herzegovina exported $10.9M in Sauces and Seasonings, making it the 74th largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 133rd most exported product in Bosnia and Herzegovina. The main destination of Sauces and Seasonings exports from Bosnia and Herzegovina are: Austria ($5.03M), Serbia ($1.37M), Slovenia ($1.25M), Croatia ($1.11M), and Finland ($489k).

The fastest growing export markets for Sauces and Seasonings of Bosnia and Herzegovina between 2021 and 2022 were Serbia ($705k), Slovenia ($468k), and Romania ($148k).

Imports In 2022, Bosnia and Herzegovina imported $28.4M in Sauces and Seasonings, becoming the 82nd largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 130th most imported product in Bosnia and Herzegovina. Bosnia and Herzegovina imports Sauces and Seasonings primarily from: Serbia ($13M), Croatia ($8.97M), Austria ($1.53M), Slovenia ($1.38M), and Netherlands ($941k).

The fastest growing import markets in Sauces and Seasonings for Bosnia and Herzegovina between 2021 and 2022 were Serbia ($861k), Italy ($116k), and Turkey ($86.7k).

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 Sauces and Seasonings. 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)$10.9M
IMPORTS (2022)$28.4M
NET TRADE (2022)-$17.5M

In 2022, Bosnia and Herzegovina exported $10.9M in Sauces and Seasonings. The main destinations of Bosnia and Herzegovina exports on Sauces and Seasonings were Austria ($5.03M), Serbia ($1.37M), Slovenia ($1.25M), Croatia ($1.11M), and Finland ($489k).

In 2022, Bosnia and Herzegovina imported $28.4M in Sauces and Seasonings, mainly from Serbia ($13M), Croatia ($8.97M), Austria ($1.53M), Slovenia ($1.38M), and Netherlands ($941k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR Bosnia and Herzegovina WERE (2021 - 2022):
Serbia$705k (105%)
Slovenia$468k (59.6%)
Romania$148k (2.18k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY Bosnia and Herzegovina WERE (2021 - 2022):
Austria-$480k (-8.71%)
Finland-$110k (-18.4%)
Norway-$21.6k (-87.1%)

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 Sauces and Seasonings were:
In 2022, Bosnia and Herzegovina's main importing competitors in Sauces and Seasonings were:

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Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCroatia+ $289k
TOP IMPORT POTENTIALItaly+ $816k

Sauces and Seasonings’s highest export potential is Croatia. With an export gap of $289k.   Sauces and Seasonings’s highest import potential is Italy with an import gap of $816k.

See methodology.

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