Bosnia and Herzegovina / South Korea

Bosnia and Herzegovina-South Korea Trade: In 2023, Bosnia and Herzegovina exported $2.12M to South Korea. The main products that Bosnia and Herzegovina exported to South Korea were Explosive Ammunition ($976k), Other Furniture ($627k), and Other Inorganic Acids ($267k). Over the past 5 years the exports of Bosnia and Herzegovina to South Korea have decreased at an annualized rate of 39.5%, from $26.1M in 2018 to $2.12M in 2023.

In 2019, Bosnia and Herzegovina exported services to South Korea worth $20.7M, with Travel ($19.7M) and Transportation ($1.01M) being the largest in terms of value.

South Korea-Bosnia and Herzegovina Trade: In 2023, South Korea exported $64.3M to Bosnia and Herzegovina. The main products that South Korea exported to Bosnia and Herzegovina were Large Construction Vehicles ($9.24M), Cars ($7.76M), and Coated Flat-Rolled Iron ($3.68M). Over the past 5 years the exports of South Korea to Bosnia and Herzegovina have increased at an annualized rate of 10.8%,  from $34.7M in 2018 to $64.3M in 2023.

In 2023, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).