Bosnia and Herzegovina (BIH) and Poland (POL) Trade | The Observatory of Economic Complexity

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Bosnia and Herzegovina-Poland Trade: In 2023, Bosnia and Herzegovina exported $149M to Poland. The main products that Bosnia and Herzegovina exported to Poland were Carbonates ($25.1M), Seats ($11.7M), and Aluminium Oxide ($10.5M). Over the past 5 years the exports of Bosnia and Herzegovina to Poland have increased at an annualized rate of 5.58%, from $113M in 2018 to $149M in 2023.

In 2019, Bosnia and Herzegovina exported services to Poland worth $48.8M, with Travel ($37.5M), Transportation ($10.5M), and Communications services ($560k) being the largest in terms of value.

Poland-Bosnia and Herzegovina Trade: In 2023, Poland exported $484M to Bosnia and Herzegovina. The main products that Poland exported to Bosnia and Herzegovina were Bovine Meat ($34.4M), Coke ($29.5M), and Other Edible Preparations ($18.9M). Over the past 5 years the exports of Poland to Bosnia and Herzegovina have increased at an annualized rate of 7.1%, from $344M in 2018 to $484M in 2023.

In 2023, Poland 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, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bosnia and Herzegovina exported $149M to Poland. The main products exported from Bosnia and Herzegovina to Poland were Carbonates ($25.1M), Seats ($11.7M), and Aluminium Oxide ($10.5M). During the last 5 years the exports of Bosnia and Herzegovina to Poland have increased at an annualized rate of 5.58%, from $113M in 2018 to $149M in 2023.

In 2018, Poland exported $484M to Bosnia and Herzegovina. The main products exported from Poland to Bosnia and Herzegovina were Bovine Meat ($34.4M), Coke ($29.5M), and Other Edible Preparations ($18.9M). During the last 5 years the exports of Poland to Bosnia and Herzegovina have increased at an annualized rate of 7.1%, from $344M in 2023 to $484M in 2018.

Exports from Bosnia and Herzegovina () to Poland () (2023)

Exports from Poland () to Bosnia and Herzegovina () (2023)

Latest Data

Trade between Bosnia and Herzegovina () and Poland ()

Bosnia and Herzegovina Exports

Date

Poland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bosnia and Herzegovina
Top DestinationGermany$1.48B

Poland
Top DestinationGermany$84B

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

In 2023, countries that imported more from Bosnia and Herzegovina than Poland included Montenegro ($283M) and Eritrea ($7.04k).

In 2023, countries that imported more from Poland than Bosnia and Herzegovina included Germany ($84B), United Kingdom ($19.4B), and Czechia ($19.3B).

Difference in imports from Poland () and Bosnia and Herzegovina () (2023)

Comparative Advantage Bosnia and Herzegovina - Poland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bosnia and Herzegovina had a large net trade with Poland in the exports of Chemical Products ($44.5M), Miscellaneous ($24.1M), and Machines ($21.3M).

During 2018, Poland had a large net trade with Bosnia and Herzegovina in the exports of Foodstuffs ($71.8M), Machines ($67.4M), and Metals ($55.6M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bosnia and Herzegovina Poland+$7.37MSeats

Top Product Potential Poland Bosnia and Herzegovina+$4.99MMotor vehicles; parts and accessories (8701 to 8705)

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bosnia and Herzegovina () to Poland () (2023)

Exports from Poland () to Bosnia and Herzegovina () (2023)

Latest Data

Trade between Bosnia and Herzegovina () and Poland ()

Bosnia and Herzegovina Exports

Poland Exports

Market Competitiveness

Difference in imports from Poland () and Bosnia and Herzegovina () (2023)

Comparative Advantage Bosnia and Herzegovina - Poland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bosnia and Herzegovina () and Poland () (2023)

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