Flag Romania / Bosnia and Herzegovina Flag

2021
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Exports
: $133M, Rnk 56 / 197

2021
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Top Product
: $12.4M, Aluminium Wire

2021
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Exports
: $133M, Rnk 15 / 158

2021
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Top Product
: $70.8M, Hot-Rolled Iron Bars

2021
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Economic Complexity (ECI)
: ECI 1.07, Rnk 26 / 131

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

2021
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GDP
: $284B, CURRENT US$
Rnk 44 / 182

2011-2021
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GDP GROWTH
: 55%, CURRENT US$
Rnk 47 / 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 
: $14,862, CURRENT US$
Rnk 55 / 182

2011-2021
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GDP PC GROWTH
: 63.3%, CURRENT US$
Rnk 16 / 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

Romania-Bosnia and Herzegovina In 2021, Romania exported $133M to Bosnia and Herzegovina. The main products that Romania exported to Bosnia and Herzegovina are Aluminium Wire ($12.4M), Bovine ($8.4M), and Cars ($7.06M). During the last 26 years the exports of Romania to Bosnia and Herzegovina have increased at an annualized rate of 22.2%, from $721k in 1995 to $133M in 2021.

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

Bosnia and Herzegovina-Romania In 2021, Bosnia and Herzegovina exported $133M to Romania. The main products that Bosnia and Herzegovina exported to Romania were Hot-Rolled Iron Bars ($70.8M), Processed Crustaceans ($7.63M), and Raw Iron Bars ($3.81M). During the last 26 years the exports of Bosnia and Herzegovina to Romania have increased at an annualized rate of 45.5%, from $7.76k in 1995 to $133M in 2021.

In 2019, Bosnia and Herzegovina exported services to Romania worth $9.18M, with Travel ($5.49M), Transportation ($3.47M), and Communications services ($224k) being the largest in terms of value.

Comparison In 2021,  Romania ranked 26 in the Economic Complexity Index (ECI 1.07), and 42 in total exports ($90.8B). 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, Romania exported $133M to Bosnia and Herzegovina. The main products exported from Romania to Bosnia and Herzegovina were Aluminium Wire ($12.4M), Bovine ($8.4M), and Cars ($7.06M). During the last 26 years the exports of Romania to Bosnia and Herzegovina have increased at an annualized rate of 22.2%, from $721k in 1995 to $133M in 2021.

In 2021, Bosnia and Herzegovina exported $133M to Romania. The main products exported from Bosnia and Herzegovina to Romania were Hot-Rolled Iron Bars ($70.8M), Processed Crustaceans ($7.63M), and Raw Iron Bars ($3.81M). During the last 26 years the exports of Bosnia and Herzegovina to Romania have increased at an annualized rate of 45.5%, from $7.76k in 1995 to $133M in 2021.

Romania Exports

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Bosnia and Herzegovina Exports

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Market Competitiveness

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Color

Romania
Top Destination
: Germany, $17.7B

Bosnia and Herzegovina
Top Destination
: Italy, $1.4B

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

In 2021, countries that imported more from Romania than Bosnia and Herzegovina were Germany ($17.7B), Italy ($8.85B), and France ($5.5B).

In 2021, countries that imported more from Bosnia and Herzegovina than Romania were Croatia ($1.14B), Slovenia ($759M), and Montenegro ($235M).

Comparative Advantage Romania - Bosnia and Herzegovina

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Flow
Scale

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

During 2021, Romania had a large net trade with Bosnia and Herzegovina in the exports of Metals ($23.3M), Machines ($15.1M), and Chemical Products ($14.9M).

During 2021, Bosnia and Herzegovina had a large net trade with Romania in the exports of Metals ($85.5M), Foodstuffs ($8.59M), and Machines ($7.82M).

Bilateral Service Trade

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In 2019, Bosnia and Herzegovina exported services to Romania worth $9.18M, with Travel ($5.49M), Transportation ($3.47M), and Communications services ($224k) 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 Romania has comparative advantage over Bosnia and Herzegovina. Similarly, the more yellow a dot/product is, the more Bosnia and Herzegovina has comparative advantage over Romania.