Flag Croatia / Bosnia and Herzegovina Flag

2021
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Exports
: $1.83B, Rnk 4 / 185

2021
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Top Product
: $487M, Refined Petroleum

2021
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Exports
: $1.14B, Rnk 3 / 158

2021
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Top Product
: $194M, Electricity

2021
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Economic Complexity (ECI)
: ECI 0.81, Rnk 34 / 131

2021
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Economic Complexity (ECI)
: ECI 0.65, Rnk 39 / 131

2021
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GDP
: $67.8B, CURRENT US$
Rnk 73 / 182

2011-2021
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GDP GROWTH
: 7.39%, CURRENT US$
Rnk 137 / 182

2021
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 GDP
: $22.6B, CURRENT US$
Rnk 105 / 182

2011-2021
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GDP GROWTH
: 21.1%, CURRENT US$
Rnk 107 / 182

2021
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GDP PC 
: $17,399, CURRENT US$
Rnk 48 / 182

2011-2021
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GDP PC GROWTH
: 17.9%, CURRENT US$
Rnk 77 / 182

2021
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GDP PC
: $6,916, CURRENT US$
Rnk 86 / 182

2011-2021
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GDP PC GROWTH
: 35.8%, CURRENT US$
Rnk 47 / 182

Croatia-Bosnia and Herzegovina In 2021, Croatia exported $1.83B to Bosnia and Herzegovina. The main products that Croatia exported to Bosnia and Herzegovina are Refined Petroleum ($487M), Electricity ($108M), and Knit Socks and Hosiery ($41.2M). During the last 26 years the exports of Croatia to Bosnia and Herzegovina have increased at an annualized rate of 6.2%, from $383M in 1995 to $1.83B in 2021.

In 2021, Croatia did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Croatia In 2021, Bosnia and Herzegovina exported $1.14B to Croatia. The main products that Bosnia and Herzegovina exported to Croatia were Electricity ($194M), Iron Cloth ($69.9M), and Knit Socks and Hosiery ($44.9M). During the last 26 years the exports of Bosnia and Herzegovina to Croatia have increased at an annualized rate of 20.9%, from $8.12M in 1995 to $1.14B in 2021.

In 2019, Bosnia and Herzegovina exported services to Croatia worth $220M, with Travel ($158M), Transportation ($57.5M), and Communications services ($4.37M) being the largest in terms of value.

Comparison In 2021,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.81), and 72 in total exports ($22.8B). That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.65), and 97 in total exports ($9.57B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Croatia exported $1.83B to Bosnia and Herzegovina. The main products exported from Croatia to Bosnia and Herzegovina were Refined Petroleum ($487M), Electricity ($108M), and Knit Socks and Hosiery ($41.2M). During the last 26 years the exports of Croatia to Bosnia and Herzegovina have increased at an annualized rate of 6.2%, from $383M in 1995 to $1.83B in 2021.

In 2021, Bosnia and Herzegovina exported $1.14B to Croatia. The main products exported from Bosnia and Herzegovina to Croatia were Electricity ($194M), Iron Cloth ($69.9M), and Knit Socks and Hosiery ($44.9M). During the last 26 years the exports of Bosnia and Herzegovina to Croatia have increased at an annualized rate of 20.9%, from $8.12M in 1995 to $1.14B in 2021.

Croatia Exports

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Bosnia and Herzegovina Exports

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Market Competitiveness

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Color

Croatia
Top Destination
: Italy, $2.82B

Bosnia and Herzegovina
Top Destination
: Italy, $1.4B

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

In 2021, countries that imported more from Croatia than Bosnia and Herzegovina were Hungary ($1.82B), Slovenia ($2.33B), and Italy ($2.82B).

In 2021, countries that imported more from Bosnia and Herzegovina than Croatia were Luxembourg ($50.5M), Tunisia ($14.5M), and Syria ($4.64M).

Comparative Advantage Croatia - Bosnia and Herzegovina

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Flow
Scale

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

During 2021, Croatia had a large net trade with Bosnia and Herzegovina in the exports of Mineral Products ($677M), Foodstuffs ($218M), and Machines ($157M).

During 2021, Bosnia and Herzegovina had a large net trade with Croatia in the exports of Mineral Products ($238M), Metals ($219M), and Miscellaneous ($89.7M).

Bilateral Service Trade

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In 2019, Bosnia and Herzegovina exported services to Croatia worth $220M, with Travel ($158M), Transportation ($57.5M), and Communications services ($4.37M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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