Turkey (TUR) and Bosnia and Herzegovina (BIH) Trade | The Observatory of Economic Complexity

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Turkey-Bosnia and Herzegovina Trade: In 2022, Turkey exported $394M to Bosnia and Herzegovina. The main products that Turkey exported to Bosnia and Herzegovina were Aluminium Bars ($24.5M), Raw Aluminium ($20.7M), and Coated Flat-Rolled Iron ($19M). Over the past 5 years the exports of Turkey to Bosnia and Herzegovina have increased at an annualized rate of 119%, from $7.83M in 2017 to $394M in 2022.

In 2022, Turkey did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Turkey Trade: In 2022, Bosnia and Herzegovina exported $279M to Turkey. The main products that Bosnia and Herzegovina exported to Turkey were Scrap Iron ($47.9M), Explosive Ammunition ($17.5M), and Seats ($12.6M). Over the past 5 years the exports of Bosnia and Herzegovina to Turkey have increased at an annualized rate of 369%, from $123k in 2017 to $279M in 2022.

In 2019, Bosnia and Herzegovina exported services to Turkey worth $90.7M, with Travel ($71M), Transportation ($18.7M), and Communications services ($560k) being the largest in terms of value.

Comparison: In 2022, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkey exported $394M to Bosnia and Herzegovina. The main products exported from Turkey to Bosnia and Herzegovina were Aluminium Bars ($24.5M), Raw Aluminium ($20.7M), and Coated Flat-Rolled Iron ($19M). During the last 5 years the exports of Turkey to Bosnia and Herzegovina have increased at an annualized rate of 119%, from $7.83M in 2017 to $394M in 2022.

In 2017, Bosnia and Herzegovina exported $279M to Turkey. The main products exported from Bosnia and Herzegovina to Turkey were Scrap Iron ($47.9M), Explosive Ammunition ($17.5M), and Seats ($12.6M). During the last 22 years the exports of Bosnia and Herzegovina to Turkey have increased at an annualized rate of 369%, from $123k in 1995 to $279M in 2017.

Exports from Turkey () to Bosnia and Herzegovina () (2022)

Exports from Bosnia and Herzegovina () to Turkey () (2022)

Latest Data

Trade between Turkey () and Bosnia and Herzegovina ()

Turkey Exports

Date

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$21.9B

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

This map shows whether countries import more from Turkey or Bosnia and Herzegovina. Each country is colored based on the difference in imports they receive from Turkey and Bosnia and Herzegovina or the difference in the growth in imports.

In 2022, countries that imported more from Turkey than Bosnia and Herzegovina included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2022, countries that imported more from Bosnia and Herzegovina than Turkey included Croatia ($1.47B), Montenegro ($306M), and San Marino ($5.06M).

Difference in imports from Bosnia and Herzegovina () and Turkey () (2022)

Comparative Advantage Turkey - Bosnia and Herzegovina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Turkey and Bosnia and Herzegovina by product, considering products traded by both, Turkey and Bosnia and Herzegovina.

During 2022, Turkey had a large net trade with Bosnia and Herzegovina in the exports of Metals ($202M), Textiles ($177M), and Machines ($107M).

During 2017, Bosnia and Herzegovina had a large net trade with Turkey in the exports of Metals ($65.4M), Chemical Products ($25.1M), and Weapons ($17.5M).

Service Trade

Bilateral Service Trade

Bih Year

In 2019, Bosnia and Herzegovina exported services to Turkey worth $90.7M, with Travel ($71M), Transportation ($18.7M), and Communications services ($560k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina () to Turkey () (2019)

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Turkey and Bosnia and Herzegovina. This means that a dot/product with the flag of Turkey indicates it has a comparative advantage over Bosnia and Herzegovina. Similarly, a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Turkey.

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Historical Data

Bilateral Trade by Products

Exports from Turkey () to Bosnia and Herzegovina () (2022)

Exports from Bosnia and Herzegovina () to Turkey () (2022)

Latest Data

Trade between Turkey () and Bosnia and Herzegovina ()

Turkey Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Difference in imports from Bosnia and Herzegovina () and Turkey () (2022)

Comparative Advantage Turkey - Bosnia and Herzegovina

Service Trade

Bilateral Service Trade

Services Exports from Bosnia and Herzegovina () to Turkey () (2019)

Economic Complexity

Competitive Landscape

Product Space of Turkey () and Bosnia and Herzegovina () (2022)

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