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Pricing

2022
Flag → Flag
Exports $39.9MRnk 27 / 162
2022
Flag → Flag
Top Product $7.1MSeats
2022
Flag → Flag
Exports $149MRnk 95 / 218
2022
Flag → Flag
Top Product $12.9MCars
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
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Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
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GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
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 GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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GDP PC $7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

About

Bosnia and Herzegovina-Spain Trade: In 2022, Bosnia and Herzegovina exported $39.9M to Spain. The main products that Bosnia and Herzegovina exported to Spain were Seats ($7.1M), Aluminium Oxide ($3.32M), and Sulfides ($3.07M). Over the past 5 years the exports of Bosnia and Herzegovina to Spain have decreased at an annualized rate of 15%, from $89.8M in 2017 to $39.9M in 2022.

In 2019, Bosnia and Herzegovina exported services to Spain worth $17.1M, with Travel ($13.1M), Transportation ($3.92M), and Personal, cultural, and recreational services ($112k) being the largest in terms of value.

Spain-Bosnia and Herzegovina Trade: In 2022, Spain exported $149M to Bosnia and Herzegovina. The main products that Spain exported to Bosnia and Herzegovina were Cars ($12.9M), Unglazed Ceramics ($10M), and Non-Knit Women's Suits ($5.74M). Over the past 5 years the exports of Spain to Bosnia and Herzegovina have increased at an annualized rate of 5.82%,  from $95M in 2017 to $149M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $39.9M to Spain. The main products exported from Bosnia and Herzegovina to Spain were Seats ($7.1M), Aluminium Oxide ($3.32M), and Sulfides ($3.07M). During the last 5 years the exports of Bosnia and Herzegovina to Spain have decreased at an annualized rate of 15%, from $89.8M in 2017 to $39.9M in 2022.

In 2017, Spain exported $149M to Bosnia and Herzegovina. The main products exported from Spain to Bosnia and Herzegovina were Cars ($12.9M), Unglazed Ceramics ($10M), and Non-Knit Women's Suits ($5.74M). During the last 5 years the exports of Spain to Bosnia and Herzegovina have increased at an annualized rate of 5.82%, from $95M in 2022 to $149M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Spain Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationCroatia$1.47B
Spain
Top DestinationFrance$65.2B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Spain included Croatia ($1.47B), Serbia ($1.35B), and Montenegro ($306M).

In 2022, countries that imported more from Spain than Bosnia and Herzegovina included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Bosnia and Herzegovina - Spain

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Spain in the exports of Miscellaneous ($8.94M), Chemical Products ($7.84M), and Machines ($5.06M).

During 2017, Spain had a large net trade with Bosnia and Herzegovina in the exports of Textiles ($20.3M), Transportation ($18.5M), and Chemical Products ($17.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Spain+$6.29MSeats
Top Product Potential Spain Bosnia and Herzegovina+$13.9MCars

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 Spain. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Spain. Similarly, a dot/product with the flag of Spain indicates it has a comparative advantage over Bosnia and Herzegovina.

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

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