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2023
Flag → Flag
Exports $146Rnk 155 / 159
2023
Flag → Flag
Top Product $146Recovered Paper
2023
Flag → Flag
Exports $105kRnk 71 / 120
2023
Flag → Flag
Top Product $105kCoconuts, Brazil Nuts, and Cashews
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 83 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP$19.7BCURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP GROWTH57.2%CURRENT US$
Rnk 59 / 195
2023
Flag
GDP PC $8,639CURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC$1,394CURRENT US$
Rnk 168 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 104 / 195

About

Bosnia and Herzegovina-Benin Trade: In 2023, Bosnia and Herzegovina exported $146 to Benin. The main products that Bosnia and Herzegovina exported to Benin were Recovered Paper ($146). Over the past 5 years the exports of Bosnia and Herzegovina to Benin have decreased at an annualized rate of 53.4%, from $6.64k in 2018 to $146 in 2023.

In 2023, Bosnia and Herzegovina did not export any services to Benin.

Benin-Bosnia and Herzegovina Trade: In 2023, Benin exported $105k to Bosnia and Herzegovina. The main products that Benin exported to Bosnia and Herzegovina were Coconuts, Brazil Nuts, and Cashews ($105k). Over the past 5 years the exports of Benin to Bosnia and Herzegovina have increased at an annualized rate of 82.6%,  from $5.16k in 2018 to $105k in 2023.

In 2023, Benin did not export any services to Bosnia and Herzegovina.

Comparison: In 2023,  Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B). That same year, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $146 to Benin. The main products exported from Bosnia and Herzegovina to Benin were Recovered Paper ($146). During the last 5 years the exports of Bosnia and Herzegovina to Benin have decreased at an annualized rate of 53.4%, from $6.64k in 2018 to $146 in 2023.

In 2018, Benin exported $105k to Bosnia and Herzegovina. The main products exported from Benin to Bosnia and Herzegovina were Coconuts, Brazil Nuts, and Cashews ($105k). During the last 5 years the exports of Benin to Bosnia and Herzegovina have increased at an annualized rate of 82.6%, from $5.16k in 2023 to $105k in 2018.

Exports from Bosnia and Herzegovina (Flag) to Benin (Flag) (2023)

Exports from Benin (Flag) to Bosnia and Herzegovina (Flag) (2023)

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 DestinationGermany$1.48B
Benin
Top DestinationUnited Arab Emirates$803M

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 2023, countries that imported more from Bosnia and Herzegovina than Benin included Germany ($1.48B), Croatia ($1.39B), and Serbia ($1.18B).

In 2023, countries that imported more from Benin than Bosnia and Herzegovina included United Arab Emirates ($803M), Bangladesh ($391M), and India ($216M).

Difference in imports from Benin (Flag) and Bosnia and Herzegovina (Flag) (2023)

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 2023, Bosnia and Herzegovina had a large net trade with Benin in the exports of Paper Goods ($146).

During 2018, Benin had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($105k).

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) (2023)

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