Turkey (TUR) and Bosnia and Herzegovina (BIH) Trade | OEC - The Observatory of Economic Complexity

About

Turkey-Bosnia and Herzegovina In 2020, Turkey exported $483M to Bosnia and Herzegovina. The main products that Turkey exported to Bosnia and Herzegovina are Copper Plating ($15.7M), Knit T-shirts ($13.1M), and Packaged Medicaments ($11.9M). During the last 25 years the exports of Turkey to Bosnia and Herzegovina have increased at an annualized rate of 17.9%, from $7.83M in 1995 to $483M in 2020.

In 2020, Turkey did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Turkey In 2020, Bosnia and Herzegovina exported $212M to Turkey. The main products that Bosnia and Herzegovina exported to Turkey were Seed Oils ($48M), Scrap Iron ($26M), and Seats ($19.5M). During the last 25 years the exports of Bosnia and Herzegovina to Turkey have increased at an annualized rate of 34.8%, from $122k in 1995 to $212M in 2020.

In 2019, Bosnia and Herzegovina exported services to Turkey worth $90.7M, with Travel ($71M), Transportation ($18.7M), and Communications services ($560k) being the largest in terms of value.

Comparison In 2020, Turkey ranked 38 in the Economic Complexity Index (ECI 0.58), and 29 in total exports ($177B). That same year, Bosnia and Herzegovina ranked 44 in the Economic Complexity Index (ECI 0.49), and 102 in total exports ($6.62B).

Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2020, Turkey exported $483M to Bosnia and Herzegovina. The main products exported from Turkey to Bosnia and Herzegovina were Copper Plating ($15.7M), Knit T-shirts ($13.1M), and Packaged Medicaments ($11.9M). During the last 25 years the exports of Turkey to Bosnia and Herzegovina have increased at an annualized rate of 17.9%, from $7.83M in 1995 to $483M in 2020.

In 2020, Bosnia and Herzegovina exported $212M to Turkey. The main products exported from Bosnia and Herzegovina to Turkey were Seed Oils ($48M), Scrap Iron ($26M), and Seats ($19.5M). During the last 25 years the exports of Bosnia and Herzegovina to Turkey have increased at an annualized rate of 34.8%, from $122k in 1995 to $212M in 2020.

Latest Data

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Turkey Exports

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Date

Bosnia and Herzegovina Exports

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Date

Market Competitiveness

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Measure

SectionYear

Turkey
Top Destination: Germany, $16.3B

Bosnia and Herzegovina
Top Destination: Germany, $938M

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

In 2019, countries that imported more from Turkey than Bosnia and Herzegovina were Germany ($16.3B), United Kingdom ($12.7B), and United States ($10.3B).

In 2019, countries that imported more from Bosnia and Herzegovina than Turkey were Croatia ($797M), Montenegro ($170M), and San Marino ($924k).

Comparative Advantage Turkey - Bosnia and Herzegovina

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Flow

Scale

Year

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

During 2020, Turkey had a large net trade with Bosnia and Herzegovina in the exports of Textiles ($129M), Metals ($80.5M), and Machines ($71.8M).

During 2020, Bosnia and Herzegovina had a large net trade with Turkey in the exports of Animal and Vegetable Bi-Products ($48.9M), Metals ($37.9M), and Miscellaneous ($21M).

Service Trade

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Bilateral Service Trade

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Bih Year

In 2019, Bosnia and Herzegovina exported services to Turkey worth $90.7M, with Travel ($71M), Transportation ($18.7M), and Communications services ($560k) 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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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 Turkey has comparative advantage over Bosnia and Herzegovina. Similarly, the more yellow a dot/product is, the more Bosnia and Herzegovina has comparative advantage over Turkey.

About

Historical Data

Bilateral Trade by Products

Latest Data

Turkey Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Comparative Advantage Turkey - Bosnia and Herzegovina

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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