Croatia (HRV) and Bosnia and Herzegovina (BIH) Trade | The Observatory of Economic Complexity

About

Croatia-Bosnia and Herzegovina In 2022, Croatia exported $2.45B to Bosnia and Herzegovina. The main products that Croatia exported to Bosnia and Herzegovina are Refined Petroleum ($917M), Electricity ($177M), and Knit Socks and Hosiery ($58.5M). During the last 27 years the exports of Croatia to Bosnia and Herzegovina have increased at an annualized rate of 7.12%, from $383M in 1995 to $2.45B in 2022.

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

Bosnia and Herzegovina-Croatia In 2022, Bosnia and Herzegovina exported $1.47B to Croatia. The main products that Bosnia and Herzegovina exported to Croatia were Electricity ($271M), Iron Cloth ($108M), and Knit Socks and Hosiery ($71.1M). During the last 27 years the exports of Bosnia and Herzegovina to Croatia have increased at an annualized rate of 21.2%, from $8.12M in 1995 to $1.47B in 2022.

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 2022, Croatia ranked 32 in the Economic Complexity Index (ECI 0.81), and 73 in total exports ($26B). That same year, Bosnia and Herzegovina ranked 36 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Croatia exported $2.45B to Bosnia and Herzegovina. The main products exported from Croatia to Bosnia and Herzegovina were Refined Petroleum ($917M), Electricity ($177M), and Knit Socks and Hosiery ($58.5M). During the last 27 years the exports of Croatia to Bosnia and Herzegovina have increased at an annualized rate of 7.12%, from $383M in 1995 to $2.45B in 2022.

In 2022, Bosnia and Herzegovina exported $1.47B to Croatia. The main products exported from Bosnia and Herzegovina to Croatia were Electricity ($271M), Iron Cloth ($108M), and Knit Socks and Hosiery ($71.1M). During the last 27 years the exports of Bosnia and Herzegovina to Croatia have increased at an annualized rate of 21.2%, from $8.12M in 1995 to $1.47B in 2022.

Exports from Croatia () to Bosnia and Herzegovina () (2022)

Exports from Bosnia and Herzegovina () to Croatia () (2022)

Latest Data

Trade between Croatia () and Bosnia and Herzegovina ()

Croatia Exports

Date

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Croatia
Top DestinationItaly$3.44B

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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 ($2.65B), Italy ($3.44B), and Slovenia ($2.87B).

In 2021, countries that imported more from Bosnia and Herzegovina than Croatia were Luxembourg ($53.6M), Syria ($6.5M), and San Marino ($5.06M).

Difference in imports from Bosnia and Herzegovina () and Croatia () (2022)

Comparative Advantage Croatia - Bosnia and Herzegovina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Croatia had a large net trade with Bosnia and Herzegovina in the exports of Mineral Products ($1.18B), Foodstuffs ($222M), and Machines ($166M).

During 2022, Bosnia and Herzegovina had a large net trade with Croatia in the exports of Metals ($334M), Mineral Products ($331M), and Textiles ($108M).

Service Trade

Bilateral Service Trade

Bih Year

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.

Services Exports from Bosnia and Herzegovina () to Croatia () (2019)

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Croatia () to Bosnia and Herzegovina () (2022)

Exports from Bosnia and Herzegovina () to Croatia () (2022)

Latest Data

Trade between Croatia () and Bosnia and Herzegovina ()

Croatia Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Difference in imports from Bosnia and Herzegovina () and Croatia () (2022)

Comparative Advantage Croatia - Bosnia and Herzegovina

Service Trade

Bilateral Service Trade

Services Exports from Bosnia and Herzegovina () to Croatia () (2019)

Economic Complexity

Competitive Landscape

Product Space of Croatia () and Bosnia and Herzegovina () (2022)

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