2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 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
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186

About

Bosnia and Herzegovina-Indonesia Trade: In 2022, Bosnia and Herzegovina exported $1.2M to Indonesia. The main products that Bosnia and Herzegovina exported to Indonesia were Centrifuges ($444k), Other Domestic Electric Housewares ($133k), and Medical Instruments ($129k). Over the past 5 years the exports of Bosnia and Herzegovina to Indonesia have decreased at an annualized rate of 24.7%, from $4.97M in 2017 to $1.2M in 2022.

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

Indonesia-Bosnia and Herzegovina Trade: In 2022, Indonesia exported $40.2M to Bosnia and Herzegovina. The main products that Indonesia exported to Bosnia and Herzegovina were Tissue ($5.79M), Raw Aluminium ($4.78M), and Textile Footwear ($3.54M). Over the past 5 years the exports of Indonesia to Bosnia and Herzegovina have increased at an annualized rate of 10.7%,  from $24.2M in 2017 to $40.2M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $1.2M to Indonesia. The main products exported from Bosnia and Herzegovina to Indonesia were Centrifuges ($444k), Other Domestic Electric Housewares ($133k), and Medical Instruments ($129k). During the last 5 years the exports of Bosnia and Herzegovina to Indonesia have decreased at an annualized rate of 24.7%, from $4.97M in 2017 to $1.2M in 2022.

In 2017, Indonesia exported $40.2M to Bosnia and Herzegovina. The main products exported from Indonesia to Bosnia and Herzegovina were Tissue ($5.79M), Raw Aluminium ($4.78M), and Textile Footwear ($3.54M). During the last 5 years the exports of Indonesia to Bosnia and Herzegovina have increased at an annualized rate of 10.7%, from $24.2M in 2022 to $40.2M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Indonesia Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Indonesia
Top Destination
China$67.7B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Indonesia included Croatia ($1.47B), Serbia ($1.35B), and Austria ($942M).

In 2022, countries that imported more from Indonesia than Bosnia and Herzegovina included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Bosnia and Herzegovina - Indonesia

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Indonesia in the exports of Machines ($655k), Footwear and Headwear ($207k), and Instruments ($129k).

During 2017, Indonesia had a large net trade with Bosnia and Herzegovina in the exports of Footwear and Headwear ($9.28M), Metals ($8.78M), and Animal and Vegetable Bi-Products ($6.19M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Indonesia+$799kCentrifuges
Top Product Potential Indonesia Bosnia and Herzegovina+$1.8MLeather Footwear

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

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

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