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Pricing

2020
Flag → Flag
Exports $3.55kRnk 204 / 0
2020
Flag → Flag
Exports $1.1MRnk 35 / 109
2020
Flag → Flag
Top Product $1.1MAluminium Ore
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC $8,639CURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH106%CURRENT US$
Rnk 7 / 195

About

Bosnia and Herzegovina-Guinea Trade: In 2020, Bosnia and Herzegovina exported $3.55k to Guinea. The main products that Bosnia and Herzegovina exported to Guinea were N/A. Over the past 6 years the exports of Bosnia and Herzegovina to Guinea have increased at an annualized rate of 0.42%, from $3.46k in 2014 to $3.55k in 2020.

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

Guinea-Bosnia and Herzegovina Trade: In 2020, Guinea exported $1.1M to Bosnia and Herzegovina. The main products that Guinea exported to Bosnia and Herzegovina were Aluminium Ore ($1.1M), Centrifuges ($911), and Friction Material ($529). Over the past 6 years the exports of Guinea to Bosnia and Herzegovina have decreased at an annualized rate of 7.22%,  from $1.61M in 2014 to $1.1M in 2020.

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

Comparison: In 2023,  Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B). That same year, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Bosnia and Herzegovina exported $3.55k to Guinea. There were not main exports from Bosnia and Herzegovina to Guinea in 2020. During the last 6 years the exports of Bosnia and Herzegovina to Guinea have increased at an annualized rate of 0.42%, from $3.46k in 2014 to $3.55k in 2020.

In 2018, Guinea exported $1.1M to Bosnia and Herzegovina. The main products exported from Guinea to Bosnia and Herzegovina were Aluminium Ore ($1.1M), Centrifuges ($911), and Friction Material ($529). During the last 5 years the exports of Guinea to Bosnia and Herzegovina have decreased at an annualized rate of 7.22%, from $1.61M in 2023 to $1.1M in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Guinea
Top DestinationUnited Arab Emirates$9.05B

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

In 2023, countries that imported more from Bosnia and Herzegovina than Guinea included Germany ($1.48B), Croatia ($1.39B), and Serbia ($1.18B).

In 2023, countries that imported more from Guinea than Bosnia and Herzegovina included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

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

Comparative Advantage Bosnia and Herzegovina - Guinea

Flow
Scale

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

During 2020, Bosnia and Herzegovina had a large net trade with Guinea in the exports of .

During 2018, Guinea had a large net trade with Bosnia and Herzegovina in the exports of Mineral Products ($1.1M), Machines ($911), and Stone And Glass ($529).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Guinea+$1.88kIron Structures
Top Product Potential Guinea Bosnia and Herzegovina+$34.3kCoffee

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

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

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