2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC 
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186

About

In N/A, Bosnia and Herzegovina did not export any services to North Korea.

North Korea-Bosnia and Herzegovina Trade: In N/A, North Korea exported $25.1k to Bosnia and Herzegovina. The main products that North Korea exported to Bosnia and Herzegovina were Cars ($14k), Air Conditioners ($5.15k), and Motorcycles and cycles ($2.17k). Over the past N/A years the exports of North Korea to Bosnia and Herzegovina have decreased at an annualized rate of 17.3%,  from $64.6k in N/A to $25.1k in N/A.

In N/A, North Korea 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, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Bosnia and Herzegovina does not register exports to North Korea. The main products exported from Bosnia and Herzegovina to North Korea were Sulfides ($95.4k) and Fuel Wood ($2.23k).

In 2017, North Korea exported $25.1k to Bosnia and Herzegovina. The main products exported from North Korea to Bosnia and Herzegovina were Cars ($14k), Air Conditioners ($5.15k), and Motorcycles and cycles ($2.17k). During the last 5 years the exports of North Korea to Bosnia and Herzegovina have decreased at an annualized rate of 17.3%, from $64.6k in 2022 to $25.1k in 2017.

Exports from Bosnia and Herzegovina (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to Bosnia and Herzegovina (Flag) (2022)

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
North Korea
Top Destination
China$131M

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

In 2022, countries that imported more from Bosnia and Herzegovina than North Korea included Croatia ($1.47B), Germany ($1.46B), and Serbia ($1.35B).

In 2022, countries that imported more from North Korea than Bosnia and Herzegovina included China ($131M), Senegal ($26.9M), and Nigeria ($14M).

Difference in imports from North Korea (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - North Korea

Flow
Scale

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

During 2017, North Korea had a large net trade with Bosnia and Herzegovina in the exports of Transportation ($16.2k), Machines ($5.27k), and Plastics and Rubbers ($2.79k).

Economic Complexity

Competitive Landscape

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

Product Space of Bosnia and Herzegovina (Flag) and North Korea (Flag) (2022)

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