2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC 
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Bosnia and Herzegovina-Algeria Trade: In 2022, Bosnia and Herzegovina exported $9.77M to Algeria. The main products that Bosnia and Herzegovina exported to Algeria were Kraft Paper ($9.74M), Machinery Having Individual Functions ($20.9k), and Parachutes ($9.12k). Over the past 5 years the exports of Bosnia and Herzegovina to Algeria have increased at an annualized rate of 9.15%, from $6.31M in 2017 to $9.77M in 2022.

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

Algeria-Bosnia and Herzegovina Trade: In 2022, Algeria exported $2.07M to Bosnia and Herzegovina. The main products that Algeria exported to Bosnia and Herzegovina were Petroleum Gas ($1.86M), Hydrogen ($166k), and Tropical Fruits ($24.8k). Over the past 5 years the exports of Algeria to Bosnia and Herzegovina have increased at an annualized rate of 9.28%,  from $1.33M in 2017 to $2.07M in 2022.

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

Comparison: In 2022,  Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). That same year, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $9.77M to Algeria. The main products exported from Bosnia and Herzegovina to Algeria were Kraft Paper ($9.74M), Machinery Having Individual Functions ($20.9k), and Parachutes ($9.12k). During the last 5 years the exports of Bosnia and Herzegovina to Algeria have increased at an annualized rate of 9.15%, from $6.31M in 2017 to $9.77M in 2022.

In 2017, Algeria exported $2.07M to Bosnia and Herzegovina. The main products exported from Algeria to Bosnia and Herzegovina were Petroleum Gas ($1.86M), Hydrogen ($166k), and Tropical Fruits ($24.8k). During the last 5 years the exports of Algeria to Bosnia and Herzegovina have increased at an annualized rate of 9.28%, from $1.33M in 2022 to $2.07M in 2017.

Exports from Bosnia and Herzegovina (Flag) to Algeria (Flag) (2022)

Exports from Algeria (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

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

Bosnia and Herzegovina Exports

Algeria Exports

Date

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Algeria included Croatia ($1.47B), Serbia ($1.35B), and Slovenia ($811M).

In 2022, countries that imported more from Algeria than Bosnia and Herzegovina included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

Difference in imports from Algeria (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - Algeria

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Algeria in the exports of Paper Goods ($9.74M), Machines ($20.9k), and Transportation ($9.12k).

During 2017, Algeria had a large net trade with Bosnia and Herzegovina in the exports of Mineral Products ($1.86M), Chemical Products ($187k), and Vegetable Products ($24.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Algeria+$63.9kMachinery Having Individual Functions
Top Product Potential Algeria Bosnia and Herzegovina+$3.6MPetroleum Gas

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 Bosnia and Herzegovina and Algeria. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Bosnia and Herzegovina.

Product Space of Bosnia and Herzegovina (Flag) and Algeria (Flag) (2022)

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