2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
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 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 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

Saudi Arabia-Bosnia and Herzegovina Trade: In 2022, Saudi Arabia exported $4.73M to Bosnia and Herzegovina. The main products that Saudi Arabia exported to Bosnia and Herzegovina were Ethylene Polymers ($2.06M), Raw Plastic Sheeting ($1.04M), and Polyacetals ($486k). Over the past 5 years the exports of Saudi Arabia to Bosnia and Herzegovina have increased at an annualized rate of 10.5%, from $2.87M in 2017 to $4.73M in 2022.

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

Bosnia and Herzegovina-Saudi Arabia Trade: In 2022, Bosnia and Herzegovina exported $44.6M to Saudi Arabia. The main products that Bosnia and Herzegovina exported to Saudi Arabia were Explosive Ammunition ($26M), Kraft Paper ($5.43M), and Carbonates ($3.58M). Over the past 5 years the exports of Bosnia and Herzegovina to Saudi Arabia have increased at an annualized rate of 3.92%,  from $36.8M in 2017 to $44.6M in 2022.

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

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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 2022, Saudi Arabia exported $4.73M to Bosnia and Herzegovina. The main products exported from Saudi Arabia to Bosnia and Herzegovina were Ethylene Polymers ($2.06M), Raw Plastic Sheeting ($1.04M), and Polyacetals ($486k). During the last 5 years the exports of Saudi Arabia to Bosnia and Herzegovina have increased at an annualized rate of 10.5%, from $2.87M in 2017 to $4.73M in 2022.

In 2017, Bosnia and Herzegovina exported $44.6M to Saudi Arabia. The main products exported from Bosnia and Herzegovina to Saudi Arabia were Explosive Ammunition ($26M), Kraft Paper ($5.43M), and Carbonates ($3.58M). During the last 5 years the exports of Bosnia and Herzegovina to Saudi Arabia have increased at an annualized rate of 3.92%, from $36.8M in 2022 to $44.6M in 2017.

Exports from Saudi Arabia (Flag) to Bosnia and Herzegovina (Flag) (2022)

Exports from Bosnia and Herzegovina (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Bosnia and Herzegovina (Flag)

Saudi Arabia Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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

In 2022, countries that imported more from Saudi Arabia than Bosnia and Herzegovina included China ($68B), India ($46.2B), and Japan ($36.5B).

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

Difference in imports from Bosnia and Herzegovina (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Bosnia and Herzegovina in the exports of Plastics and Rubbers ($3.92M), Chemical Products ($502k), and Vegetable Products ($185k).

During 2017, Bosnia and Herzegovina had a large net trade with Saudi Arabia in the exports of Weapons ($26M), Chemical Products ($8.19M), and Paper Goods ($5.44M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Bosnia and Herzegovina+$2.27MEthylene Polymers
Top Product Potential Bosnia and Herzegovina Saudi Arabia+$1.7MSawn Wood

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 Saudi Arabia and Bosnia and Herzegovina. This means that a dot/product with the flag of Saudi Arabia 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 Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Bosnia and Herzegovina (Flag) (2022)

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