2022
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GDP
$89BCURRENT US$
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2012-2022
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GDP GROWTH
64%CURRENT US$
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2022
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 GDP
$24.5BCURRENT US$
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GDP GROWTH
42.4%CURRENT US$
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GDP PC 
$13,772CURRENT US$
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GDP PC GROWTH
85.3%CURRENT US$
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GDP PC
$7,585CURRENT US$
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GDP PC GROWTH
61.8%CURRENT US$
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About

Bulgaria-Bosnia and Herzegovina In 2022, Bulgaria exported $99.2M to Bosnia and Herzegovina. The main products that Bulgaria exported to Bosnia and Herzegovina are Baked Goods ($7.68M), Float Glass ($6.46M), and Seats ($4.36M). During the last 26 years the exports of Bulgaria to Bosnia and Herzegovina have increased at an annualized rate of 14.7%, from $2.83M in 1996 to $99.2M in 2022.

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

Bosnia and Herzegovina-Bulgaria In 2022, Bosnia and Herzegovina exported $32.9M to Bulgaria. The main products that Bosnia and Herzegovina exported to Bulgaria were Insulated Wire ($4.08M), Scrap Copper ($3.64M), and Other Inorganic Acids Salts ($2.02M). During the last 26 years the exports of Bosnia and Herzegovina to Bulgaria have increased at an annualized rate of 30.6%, from $32k in 1996 to $32.9M in 2022.

In 2019, Bosnia and Herzegovina exported services to Bulgaria worth $8.17M, with Travel ($6.27M), Transportation ($1.68M), and Personal, cultural, and recreational services ($112k) being the largest in terms of value.

Comparison In 2022,  Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66), and 60 in total exports ($51.9B). That same year, Bosnia and Herzegovina ranked 36 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bulgaria exported $99.2M to Bosnia and Herzegovina. The main products exported from Bulgaria to Bosnia and Herzegovina were Baked Goods ($7.68M), Float Glass ($6.46M), and Seats ($4.36M). During the last 26 years the exports of Bulgaria to Bosnia and Herzegovina have increased at an annualized rate of 14.7%, from $2.83M in 1996 to $99.2M in 2022.

In 2022, Bosnia and Herzegovina exported $32.9M to Bulgaria. The main products exported from Bosnia and Herzegovina to Bulgaria were Insulated Wire ($4.08M), Scrap Copper ($3.64M), and Other Inorganic Acids Salts ($2.02M). During the last 26 years the exports of Bosnia and Herzegovina to Bulgaria have increased at an annualized rate of 30.6%, from $32k in 1996 to $32.9M in 2022.

Exports from Bulgaria (Flag) to Bosnia and Herzegovina (Flag) (2022)

Exports from Bosnia and Herzegovina (Flag) to Bulgaria (Flag) (2022)

Latest Data

Trade between Bulgaria (Flag) and Bosnia and Herzegovina (Flag)

Bulgaria Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bulgaria
Top Destination
Germany$6.91B
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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

In 2021, countries that imported more from Bulgaria than Bosnia and Herzegovina were Romania ($6.55B), Germany ($6.91B), and Greece ($2.93B).

In 2021, countries that imported more from Bosnia and Herzegovina than Bulgaria were Croatia ($1.47B), Montenegro ($306M), and Slovenia ($811M).

Difference in imports from Bosnia and Herzegovina (Flag) and Bulgaria (Flag) (2022)

Comparative Advantage Bulgaria - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Bosnia and Herzegovina in the exports of Miscellaneous ($16.1M), Foodstuffs ($15.6M), and Metals ($14M).

During 2022, Bosnia and Herzegovina had a large net trade with Bulgaria in the exports of Metals ($7.51M), Machines ($7.03M), and Chemical Products ($4.13M).

Service Trade

Bilateral Service Trade

In 2019, Bosnia and Herzegovina exported services to Bulgaria worth $8.17M, with Travel ($6.27M), Transportation ($1.68M), and Personal, cultural, and recreational services ($112k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina (Flag) to Bulgaria (Flag) (2019)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Bulgaria has comparative advantage over Bosnia and Herzegovina. Similarly, the more yellow a dot/product is, the more Bosnia and Herzegovina has comparative advantage over Bulgaria.

Product Space of Bulgaria (Flag) and Bosnia and Herzegovina (Flag) (2022)

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