Bosnia and Herzegovina (BIH) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Bosnia and Herzegovina-Russia In 2022, Bosnia and Herzegovina exported $52.7M to Russia. The main products that Bosnia and Herzegovina exported to Russia are Packaged Medicaments ($36M), Apples and Pears ($7.98M), and Refined Petroleum ($4.4M). During the last 26 years the exports of Bosnia and Herzegovina to Russia have increased at an annualized rate of 26.1%, from $126k in 1996 to $52.7M in 2022.

In 2019, Bosnia and Herzegovina exported services to Russia worth $13.8M, with Travel ($12.8M) and Transportation ($1.01M) being the largest in terms of value.

Russia-Bosnia and Herzegovina In 2022, Russia exported $319M to Bosnia and Herzegovina. The main products that Russia exported to Bosnia and Herzegovina were Petroleum Gas ($88.2M), Raw Aluminium ($82.8M), and Coal Briquettes ($58.5M). During the last 26 years the exports of Russia to Bosnia and Herzegovina have increased at an annualized rate of 8.65%, from $36.9M in 1996 to $319M in 2022.

In 2020, Russia exported services to Bosnia and Herzegovina worth $13M, with Other business services ($9.69M), Travel ($1.07M), and Transportation ($913k) being the largest in terms of value.

Comparison In 2022, Bosnia and Herzegovina ranked 36 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). That same year, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bosnia and Herzegovina exported $52.7M to Russia. The main products exported from Bosnia and Herzegovina to Russia were Packaged Medicaments ($36M), Apples and Pears ($7.98M), and Refined Petroleum ($4.4M). During the last 26 years the exports of Bosnia and Herzegovina to Russia have increased at an annualized rate of 26.1%, from $126k in 1996 to $52.7M in 2022.

In 2022, Russia exported $319M to Bosnia and Herzegovina. The main products exported from Russia to Bosnia and Herzegovina were Petroleum Gas ($88.2M), Raw Aluminium ($82.8M), and Coal Briquettes ($58.5M). During the last 26 years the exports of Russia to Bosnia and Herzegovina have increased at an annualized rate of 8.65%, from $36.9M in 1996 to $319M in 2022.

Exports from Bosnia and Herzegovina () to Russia () (2022)

Exports from Russia () to Bosnia and Herzegovina () (2022)

Latest Data

Trade between Bosnia and Herzegovina () and Russia ()

Bosnia and Herzegovina Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

Russia
Top DestinationChina$101B

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

In 2021, countries that imported more from Bosnia and Herzegovina than Russia were Croatia ($1.47B), Austria ($942M), and Montenegro ($306M).

In 2021, countries that imported more from Russia than Bosnia and Herzegovina were China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and Bosnia and Herzegovina () (2022)

Comparative Advantage Bosnia and Herzegovina - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bosnia and Herzegovina had a large net trade with Russia in the exports of Chemical Products ($37.4M), Vegetable Products ($8.33M), and Mineral Products ($4.41M).

During 2022, Russia had a large net trade with Bosnia and Herzegovina in the exports of Mineral Products ($156M), Metals ($126M), and Chemical Products ($21M).

Service Trade

Bilateral Service Trade

Rus Year

Bih Year

In 2019, Bosnia and Herzegovina exported services to Russia worth $13.8M, with Travel ($12.8M) and Transportation ($1.01M) being the largest in terms of value.

In 2020, Russia exported services to Bosnia and Herzegovina worth $13M, with Other business services ($9.69M), Travel ($1.07M), and Transportation ($913k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina () to Russia () (2019)

Services Exports from Russia () to Bosnia and Herzegovina () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Bosnia and Herzegovina has comparative advantage over Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over Bosnia and Herzegovina.

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Historical Data

Bilateral Trade by Products

Exports from Bosnia and Herzegovina () to Russia () (2022)

Exports from Russia () to Bosnia and Herzegovina () (2022)

Latest Data

Trade between Bosnia and Herzegovina () and Russia ()

Bosnia and Herzegovina Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Bosnia and Herzegovina () (2022)

Comparative Advantage Bosnia and Herzegovina - Russia

Service Trade

Bilateral Service Trade

Services Exports from Bosnia and Herzegovina () to Russia () (2019)

Services Exports from Russia () to Bosnia and Herzegovina () (2020)

Economic Complexity

Competitive Landscape

Product Space of Bosnia and Herzegovina () and Russia () (2022)

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