Australia (AUS) and Bosnia and Herzegovina (BIH) Trade | The Observatory of Economic Complexity

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Australia-Bosnia and Herzegovina Trade: In 2022, Australia exported $6.14M to Bosnia and Herzegovina. The main products that Australia exported to Bosnia and Herzegovina were Coal Briquettes ($5.11M), Sand ($160k), and Orthopedic Appliances ($90k). Over the past 5 years the exports of Australia to Bosnia and Herzegovina have increased at an annualized rate of 28.7%, from $1.74M in 2017 to $6.14M in 2022.

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

Bosnia and Herzegovina-Australia In N/A, Bosnia and Herzegovina did not export any products to Australia.

In 2019, Bosnia and Herzegovina exported services to Australia worth $8.4M, with Travel ($8.17M) and Transportation ($224k) being the largest in terms of value.

Comparison: In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Australia exported $6.14M to Bosnia and Herzegovina. The main products exported from Australia to Bosnia and Herzegovina were Coal Briquettes ($5.11M), Sand ($160k), and Orthopedic Appliances ($90k). During the last 5 years the exports of Australia to Bosnia and Herzegovina have increased at an annualized rate of 28.7%, from $1.74M in 2017 to $6.14M in 2022.

Bosnia and Herzegovina does not register exports to Australia. The main products exported from Bosnia and Herzegovina to Australia were Medical Instruments ($3.63M), Rubber Footwear ($1.31M), and Non-Knit Women's Coats ($905k).

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

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

Latest Data

Trade between Australia () and Bosnia and Herzegovina ()

Australia Exports

Date

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationChina$123B

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2022, countries that imported more from Australia than Bosnia and Herzegovina included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

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

Comparative Advantage Australia - Bosnia and Herzegovina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Australia had a large net trade with Bosnia and Herzegovina in the exports of Mineral Products ($5.27M), Machines ($316k), and Instruments ($124k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Australia Bosnia and Herzegovina+N/AN/A

Top Product Potential Bosnia and Herzegovina Australia+$1.21MMedical Instruments

N/A

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Bilateral Service Trade

Bih Year

In 2019, Bosnia and Herzegovina exported services to Australia worth $8.4M, with Travel ($8.17M) and Transportation ($224k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Australia and Bosnia and Herzegovina. This means that a dot/product with the flag of Australia 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 Australia.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Australia () and Bosnia and Herzegovina ()

Australia Exports

Bosnia and Herzegovina Exports

Market Competitiveness

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

Comparative Advantage Australia - Bosnia and Herzegovina

Potential Exports

Potential Exports

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Bilateral Service Trade

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

Service Trade

Economic Complexity

Competitive Landscape

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

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