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2023
Flag → Flag
Exports $93.9MRnk 81 / 142
2023
Flag → Flag
Top Product $28MBroadcasting Equipment
2023
Flag → Flag
Exports $2.23MRnk 71 / 159
2023
Flag → Flag
Top Product $957kRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
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Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
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GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
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GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
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 GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
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GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
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GDP PC $4,282CURRENT US$
Rnk 128 / 195
2013-2023
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GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195
2023
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GDP PC$8,639CURRENT US$
Rnk 91 / 196
2013-2023
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GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195

About

Vietnam-Bosnia and Herzegovina Trade: In 2023, Vietnam exported $93.9M to Bosnia and Herzegovina. The main products that Vietnam exported to Bosnia and Herzegovina were Broadcasting Equipment ($28M), Textile Footwear ($8.74M), and Leather Footwear ($7.26M). Over the past 5 years the exports of Vietnam to Bosnia and Herzegovina have increased at an annualized rate of 8.2%, from $63.3M in 2018 to $93.9M in 2023.

In 2023, Vietnam did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Vietnam Trade: In 2023, Bosnia and Herzegovina exported $2.23M to Vietnam. The main products that Bosnia and Herzegovina exported to Vietnam were Refined Petroleum ($957k), Veneer Sheets ($454k), and Rough Wood ($406k). Over the past 5 years the exports of Bosnia and Herzegovina to Vietnam have increased at an annualized rate of 32.7%,  from $543k in 2018 to $2.23M in 2023.

In 2023, Bosnia and Herzegovina did not export any services to Vietnam.

Comparison: In 2023,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). That same year, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Vietnam exported $93.9M to Bosnia and Herzegovina. The main products exported from Vietnam to Bosnia and Herzegovina were Broadcasting Equipment ($28M), Textile Footwear ($8.74M), and Leather Footwear ($7.26M). During the last 5 years the exports of Vietnam to Bosnia and Herzegovina have increased at an annualized rate of 8.2%, from $63.3M in 2018 to $93.9M in 2023.

In 2018, Bosnia and Herzegovina exported $2.23M to Vietnam. The main products exported from Bosnia and Herzegovina to Vietnam were Refined Petroleum ($957k), Veneer Sheets ($454k), and Rough Wood ($406k). During the last 5 years the exports of Bosnia and Herzegovina to Vietnam have increased at an annualized rate of 32.7%, from $543k in 2023 to $2.23M in 2018.

Exports from Vietnam (Flag) to Bosnia and Herzegovina (Flag) (2023)

Exports from Bosnia and Herzegovina (Flag) to Vietnam (Flag) (2023)

Latest Data

Trade between Vietnam (Flag) and Bosnia and Herzegovina (Flag)

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$118B
Bosnia and Herzegovina
Top DestinationGermany$1.48B

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

In 2023, countries that imported more from Vietnam than Bosnia and Herzegovina included United States ($118B), China ($85.7B), and Japan ($25.1B).

In 2023, countries that imported more from Bosnia and Herzegovina than Vietnam included Croatia ($1.39B), Serbia ($1.18B), and Slovenia ($825M).

Difference in imports from Bosnia and Herzegovina (Flag) and Vietnam (Flag) (2023)

Comparative Advantage Vietnam - Bosnia and Herzegovina

Flow
Scale

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

During 2023, Vietnam had a large net trade with Bosnia and Herzegovina in the exports of Machines ($38.4M), Footwear and Headwear ($24.8M), and Textiles ($9.47M).

During 2018, Bosnia and Herzegovina had a large net trade with Vietnam in the exports of Wood Products ($1.05M), Mineral Products ($957k), and Chemical Products ($200k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Bosnia and Herzegovina+$13.5MTelephones
Top Product Potential Bosnia and Herzegovina Vietnam+$924kRefined Petroleum

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

Product Space of Vietnam (Flag) and Bosnia and Herzegovina (Flag) (2023)

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