2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
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GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
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 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC 
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
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GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186
2022
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GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Bosnia and Herzegovina-Sweden In 2022, Bosnia and Herzegovina exported $73.1M to Sweden. The main products that Bosnia and Herzegovina exported to Sweden are Seats ($14.2M), Other Furniture ($8.9M), and Leather Footwear ($5.14M). During the last 27 years the exports of Bosnia and Herzegovina to Sweden have increased at an annualized rate of 27.6%, from $101k in 1995 to $73.1M in 2022.

In 2019, Bosnia and Herzegovina exported services to Sweden worth $15.8M, with Travel ($13.7M) and Transportation ($2.13M) being the largest in terms of value.

Sweden-Bosnia and Herzegovina In 2022, Sweden exported $68.9M to Bosnia and Herzegovina. The main products that Sweden exported to Bosnia and Herzegovina were Cars ($8.7M), Sulfate Chemical Woodpulp ($3.48M), and Nitrogenous Fertilizers ($3.42M). During the last 27 years the exports of Sweden to Bosnia and Herzegovina have increased at an annualized rate of 18.2%, from $746k in 1995 to $68.9M in 2022.

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

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, Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $73.1M to Sweden. The main products exported from Bosnia and Herzegovina to Sweden were Seats ($14.2M), Other Furniture ($8.9M), and Leather Footwear ($5.14M). During the last 27 years the exports of Bosnia and Herzegovina to Sweden have increased at an annualized rate of 27.6%, from $101k in 1995 to $73.1M in 2022.

In 2022, Sweden exported $68.9M to Bosnia and Herzegovina. The main products exported from Sweden to Bosnia and Herzegovina were Cars ($8.7M), Sulfate Chemical Woodpulp ($3.48M), and Nitrogenous Fertilizers ($3.42M). During the last 27 years the exports of Sweden to Bosnia and Herzegovina have increased at an annualized rate of 18.2%, from $746k in 1995 to $68.9M in 2022.

Exports from Bosnia and Herzegovina (Flag) to Sweden (Flag) (2022)

Exports from Sweden (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

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

Bosnia and Herzegovina Exports

Sweden Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Sweden
Top Destination
Germany$19.2B

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

In 2021, countries that imported more from Bosnia and Herzegovina than Sweden were Croatia ($1.47B), Serbia ($1.35B), and Slovenia ($811M).

In 2021, countries that imported more from Sweden than Bosnia and Herzegovina were Norway ($18.7B), Germany ($19.2B), and United States ($17.8B).

Difference in imports from Sweden (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - Sweden

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Sweden in the exports of Miscellaneous ($26.6M), Metals ($10.2M), and Wood Products ($6.45M).

During 2022, Sweden had a large net trade with Bosnia and Herzegovina in the exports of Machines ($14.4M), Transportation ($14.4M), and Paper Goods ($7.71M).

Service Trade

Bilateral Service Trade

In 2019, Bosnia and Herzegovina exported services to Sweden worth $15.8M, with Travel ($13.7M) and Transportation ($2.13M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina (Flag) to Sweden (Flag) (2019)

Economic Complexity

Competitive Landscape

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 Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Bosnia and Herzegovina.

Product Space of Bosnia and Herzegovina (Flag) and Sweden (Flag) (2022)

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