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Pricing

2022
Flag → Flag
Exports $44.6MRnk 26 / 162
2022
Flag → Flag
Top Product $26MExplosive Ammunition
2022
Flag → Flag
Exports $4.73MRnk 113 / 138
2022
Flag → Flag
Top Product $2.06MEthylene Polymers
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag  
GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC $7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186

About

Bosnia and Herzegovina-Saudi Arabia Trade: In 2022, Bosnia and Herzegovina exported $44.6M to Saudi Arabia. The main products that Bosnia and Herzegovina exported to Saudi Arabia were Explosive Ammunition ($26M), Kraft Paper ($5.43M), and Carbonates ($3.58M). Over the past 5 years the exports of Bosnia and Herzegovina to Saudi Arabia have increased at an annualized rate of 3.92%, from $36.8M in 2017 to $44.6M in 2022.

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

Saudi Arabia-Bosnia and Herzegovina Trade: In 2022, Saudi Arabia exported $4.73M to Bosnia and Herzegovina. The main products that Saudi Arabia exported to Bosnia and Herzegovina were Ethylene Polymers ($2.06M), Raw Plastic Sheeting ($1.04M), and Polyacetals ($486k). Over the past 5 years the exports of Saudi Arabia to Bosnia and Herzegovina have increased at an annualized rate of 10.5%,  from $2.87M in 2017 to $4.73M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $44.6M to Saudi Arabia. The main products exported from Bosnia and Herzegovina to Saudi Arabia were Explosive Ammunition ($26M), Kraft Paper ($5.43M), and Carbonates ($3.58M). During the last 5 years the exports of Bosnia and Herzegovina to Saudi Arabia have increased at an annualized rate of 3.92%, from $36.8M in 2017 to $44.6M in 2022.

In 2017, Saudi Arabia exported $4.73M to Bosnia and Herzegovina. The main products exported from Saudi Arabia to Bosnia and Herzegovina were Ethylene Polymers ($2.06M), Raw Plastic Sheeting ($1.04M), and Polyacetals ($486k). During the last 5 years the exports of Saudi Arabia to Bosnia and Herzegovina have increased at an annualized rate of 10.5%, from $2.87M in 2022 to $4.73M in 2017.

Exports from Bosnia and Herzegovina (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Saudi Arabia (Flag)

Bosnia and Herzegovina Exports

Saudi Arabia Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationCroatia$1.47B
Saudi Arabia
Top DestinationChina$68B

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

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

In 2022, countries that imported more from Saudi Arabia than Bosnia and Herzegovina included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - Saudi Arabia

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Saudi Arabia in the exports of Weapons ($26M), Chemical Products ($8.19M), and Paper Goods ($5.44M).

During 2017, Saudi Arabia had a large net trade with Bosnia and Herzegovina in the exports of Plastics and Rubbers ($3.92M), Chemical Products ($502k), and Vegetable Products ($185k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Saudi Arabia+$1.7MSawn Wood
Top Product Potential Saudi Arabia Bosnia and Herzegovina+$2.27MEthylene Polymers

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

Product Space of Bosnia and Herzegovina (Flag) and Saudi Arabia (Flag) (2022)

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