2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC 
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Bosnia and Herzegovina-South Africa Trade: In 2022, Bosnia and Herzegovina exported $5.46M to South Africa. The main products that Bosnia and Herzegovina exported to South Africa were Medical Instruments ($974k), Centrifuges ($868k), and Sawn Wood ($575k). Over the past 5 years the exports of Bosnia and Herzegovina to South Africa have increased at an annualized rate of 7.05%, from $3.88M in 2017 to $5.46M in 2022.

In 2019, Bosnia and Herzegovina exported services to South Africa worth $672k, with Travel ($672k) being the largest in terms of value.

South Africa-Bosnia and Herzegovina Trade: In 2022, South Africa exported $8.13M to Bosnia and Herzegovina. The main products that South Africa exported to Bosnia and Herzegovina were Granite ($1.76M), Delivery Trucks ($1.71M), and Refractory Bricks ($783k). Over the past 5 years the exports of South Africa to Bosnia and Herzegovina have decreased at an annualized rate of 9.84%,  from $13.6M in 2017 to $8.13M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $5.46M to South Africa. The main products exported from Bosnia and Herzegovina to South Africa were Medical Instruments ($974k), Centrifuges ($868k), and Sawn Wood ($575k). During the last 5 years the exports of Bosnia and Herzegovina to South Africa have increased at an annualized rate of 7.05%, from $3.88M in 2017 to $5.46M in 2022.

In 2017, South Africa exported $8.13M to Bosnia and Herzegovina. The main products exported from South Africa to Bosnia and Herzegovina were Granite ($1.76M), Delivery Trucks ($1.71M), and Refractory Bricks ($783k). During the last 5 years the exports of South Africa to Bosnia and Herzegovina have decreased at an annualized rate of 9.84%, from $13.6M in 2022 to $8.13M in 2017.

Exports from Bosnia and Herzegovina (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and South Africa (Flag)

Bosnia and Herzegovina Exports

South Africa Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
South Africa
Top Destination
China$23.4B

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

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

In 2022, countries that imported more from South Africa than Bosnia and Herzegovina included China ($23.4B), United States ($10.9B), and India ($9.14B).

Difference in imports from South Africa (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - South Africa

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with South Africa in the exports of Machines ($1.54M), Instruments ($976k), and Chemical Products ($675k).

During 2017, South Africa had a large net trade with Bosnia and Herzegovina in the exports of Transportation ($2.33M), Stone And Glass ($2.05M), and Mineral Products ($1.81M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina South Africa+$829kCentrifuges
Top Product Potential South Africa Bosnia and Herzegovina+$1.56MDelivery Trucks

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

Product Space of Bosnia and Herzegovina (Flag) and South Africa (Flag) (2022)

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