2022
Flag
 GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186

About

Greenland-Bosnia and Herzegovina Trade: In 2018, Greenland exported $694 to Bosnia and Herzegovina. The main products that Greenland exported to Bosnia and Herzegovina were N/A. Over the past 9 years the exports of Greenland to Bosnia and Herzegovina have decreased at an annualized rate of 16.6%, from $3.57k in 2009 to $694 in 2018.

In 2018, Greenland did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Greenland Trade: In 2018, Bosnia and Herzegovina exported $30.4k to Greenland. The main products that Bosnia and Herzegovina exported to Greenland were N/A. Over the past 9 years the exports of Bosnia and Herzegovina to Greenland have decreased at an annualized rate of 9.84%,  from $51k in 2009 to $30.4k in 2018.

In 2018, Bosnia and Herzegovina did not export any services to Greenland.

Comparison In 2022,  Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index. That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Greenland exported $694 to Bosnia and Herzegovina. There were not main exports from Greenland to Bosnia and Herzegovina in 2018. During the last 9 years the exports of Greenland to Bosnia and Herzegovina have decreased at an annualized rate of 16.6%, from $3.57k in 2009 to $694 in 2018.

In 2013, Bosnia and Herzegovina exported $30.4k to Greenland. There were not main exports from Bosnia and Herzegovina to Greenland in 2013. During the last 5 years the exports of Bosnia and Herzegovina to Greenland have decreased at an annualized rate of 9.84%, from $51k in 2018 to $30.4k in 2013.

Exports from Greenland (Flag) to Bosnia and Herzegovina (Flag) (2018)

Exports from Bosnia and Herzegovina (Flag) to Greenland (Flag) (2018)

Market Competitiveness

Color
Greenland
Top Destination
Denmark$731M
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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

In 2022, countries that imported more from Greenland than Bosnia and Herzegovina included Denmark ($731M), China ($353M), and Japan ($77M).

In 2022, countries that imported more from Bosnia and Herzegovina than Greenland included Croatia ($1.47B), Germany ($1.46B), and Serbia ($1.35B).

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

Comparative Advantage Greenland - Bosnia and Herzegovina

Flow
Scale

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

During 2018, Greenland had a large net trade with Bosnia and Herzegovina in the exports of .

During 2013, Bosnia and Herzegovina had a large net trade with Greenland in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Greenland and Bosnia and Herzegovina. This means that a dot/product with the flag of Greenland indicates it has a comparative advantage over Bosnia and Herzegovina. Similarly, a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Greenland.

Product Space of Greenland (Flag) and Bosnia and Herzegovina (Flag) (2018)

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