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2023
Flag → Flag
Exports $825MRnk 5 / 159
2023
Flag → Flag
Top Product $54.3MAluminium Oxide
2023
Flag → Flag
Exports $706MRnk 16 / 199
2023
Flag → Flag
Top Product $56.5MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
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Economic Complexity (ECI) ECI 1.48Rnk 12 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
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GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
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 GDP$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
GDP PC $8,639CURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195
2023
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GDP PC$32,610CURRENT US$
Rnk 43 / 196
2013-2023
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GDP PC GROWTH40.3%CURRENT US$
Rnk 61 / 195

About

Bosnia and Herzegovina-Slovenia Trade: In 2023, Bosnia and Herzegovina exported $825M to Slovenia. The main products that Bosnia and Herzegovina exported to Slovenia were Aluminium Oxide ($54.3M), Electric Motor Parts ($47.6M), and Excavation Machinery ($46.6M). Over the past 5 years the exports of Bosnia and Herzegovina to Slovenia have increased at an annualized rate of 3.69%, from $688M in 2018 to $825M in 2023.

In 2019, Bosnia and Herzegovina exported services to Slovenia worth $112M, with Travel ($72.4M), Transportation ($30.3M), and Personal, cultural, and recreational services ($7.05M) being the largest in terms of value.

Slovenia-Bosnia and Herzegovina Trade: In 2023, Slovenia exported $706M to Bosnia and Herzegovina. The main products that Slovenia exported to Bosnia and Herzegovina were Packaged Medicaments ($56.5M), Insulated Wire ($30.8M), and Cars ($24.9M). Over the past 5 years the exports of Slovenia to Bosnia and Herzegovina have increased at an annualized rate of 2.81%,  from $615M in 2018 to $706M in 2023.

In 2023, Slovenia 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, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $825M to Slovenia. The main products exported from Bosnia and Herzegovina to Slovenia were Aluminium Oxide ($54.3M), Electric Motor Parts ($47.6M), and Excavation Machinery ($46.6M). During the last 5 years the exports of Bosnia and Herzegovina to Slovenia have increased at an annualized rate of 3.69%, from $688M in 2018 to $825M in 2023.

In 2018, Slovenia exported $706M to Bosnia and Herzegovina. The main products exported from Slovenia to Bosnia and Herzegovina were Packaged Medicaments ($56.5M), Insulated Wire ($30.8M), and Cars ($24.9M). During the last 5 years the exports of Slovenia to Bosnia and Herzegovina have increased at an annualized rate of 2.81%, from $615M in 2023 to $706M in 2018.

Exports from Bosnia and Herzegovina (Flag) to Slovenia (Flag) (2023)

Exports from Slovenia (Flag) to Bosnia and Herzegovina (Flag) (2023)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Slovenia (Flag)

Bosnia and Herzegovina Exports

Slovenia Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Slovenia
Top DestinationSwitzerland$13.5B

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

In 2023, countries that imported more from Bosnia and Herzegovina than Slovenia included Montenegro ($283M), Serbia ($1.18B), and Namibia ($8.71M).

In 2023, countries that imported more from Slovenia than Bosnia and Herzegovina included Switzerland ($13.5B), Germany ($7.21B), and Italy ($6.23B).

Difference in imports from Slovenia (Flag) and Bosnia and Herzegovina (Flag) (2023)

Comparative Advantage Bosnia and Herzegovina - Slovenia

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Slovenia in the exports of Machines ($286M), Metals ($142M), and Chemical Products ($73.7M).

During 2018, Slovenia had a large net trade with Bosnia and Herzegovina in the exports of Machines ($179M), Metals ($106M), and Chemical Products ($104M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Slovenia+$1.82MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Slovenia Bosnia and Herzegovina+$4.26MRefined Petroleum

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

Product Space of Bosnia and Herzegovina (Flag) and Slovenia (Flag) (2023)

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