Austria / Bosnia and Herzegovina

Austria-Bosnia and Herzegovina Trade: In 2022, Austria exported $411M to Bosnia and Herzegovina. The main products that Austria exported to Bosnia and Herzegovina were Electric Motor Parts ($43.2M), Tanned Equine and Bovine Hides ($27.6M), and Other Tin Products ($25M). Over the past 5 years the exports of Austria to Bosnia and Herzegovina have increased at an annualized rate of 91%, from $16.2M in 2017 to $411M in 2022.

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

Bosnia and Herzegovina-Austria Trade: In 2022, Bosnia and Herzegovina exported $548M to Austria. The main products that Bosnia and Herzegovina exported to Austria were Insulated Wire ($130M), Electric Motor Parts ($74.9M), and Iron Structures ($67.2M). Over the past 5 years the exports of Bosnia and Herzegovina to Austria have increased at an annualized rate of 320%,  from $421k in 2017 to $548M in 2022.

In 2019, Bosnia and Herzegovina exported services to Austria worth $107M, with Transportation ($55.9M), Travel ($46M), and Communications services ($4.7M) being the largest in terms of value.

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).