2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
GDP PC 
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC
$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 95 / 186

About

Bosnia and Herzegovina-Benin Trade: In 2022, Bosnia and Herzegovina exported $19.2k to Benin. The main products that Bosnia and Herzegovina exported to Benin were Poultry Meat ($19k) and Iron Fasteners ($171). Over the past 5 years the exports of Bosnia and Herzegovina to Benin have decreased at an annualized rate of 12.5%, from $37.5k in 2017 to $19.2k in 2022.

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

Benin-Bosnia and Herzegovina Trade: In 2022, Benin exported $34.6k to Bosnia and Herzegovina. The main products that Benin exported to Bosnia and Herzegovina were Coconuts, Brazil Nuts, and Cashews ($29.9k), Liquid Pumps ($4.48k), and Electrical Lighting and Signalling Equipment ($256). Over the past 5 years the exports of Benin to Bosnia and Herzegovina have increased at an annualized rate of 195%,  from $155 in 2017 to $34.6k in 2022.

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

Comparison: In 2022,  Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $19.2k to Benin. The main products exported from Bosnia and Herzegovina to Benin were Poultry Meat ($19k) and Iron Fasteners ($171). During the last 5 years the exports of Bosnia and Herzegovina to Benin have decreased at an annualized rate of 12.5%, from $37.5k in 2017 to $19.2k in 2022.

In 2017, Benin exported $34.6k to Bosnia and Herzegovina. The main products exported from Benin to Bosnia and Herzegovina were Coconuts, Brazil Nuts, and Cashews ($29.9k), Liquid Pumps ($4.48k), and Electrical Lighting and Signalling Equipment ($256). During the last 5 years the exports of Benin to Bosnia and Herzegovina have increased at an annualized rate of 195%, from $155 in 2022 to $34.6k in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Benin Exports

Date

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Benin
Top Destination
India$448M

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

In 2022, countries that imported more from Bosnia and Herzegovina than Benin included Croatia ($1.47B), Germany ($1.46B), and Serbia ($1.35B).

In 2022, countries that imported more from Benin than Bosnia and Herzegovina included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

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

Comparative Advantage Bosnia and Herzegovina - Benin

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Benin in the exports of Animal Products ($19k) and Metals ($171).

During 2017, Benin had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($29.9k), Machines ($4.74k), and Metals ($1).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Benin+$34.1kPoultry Meat
Top Product Potential Benin Bosnia and Herzegovina+$20kCoconuts, Brazil Nuts, and Cashews

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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