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2023
Flag → Flag
Exports $13.4MRnk 40 / 159
2023
Flag → Flag
Top Product $1.49MCarbonates
2023
Flag → Flag
Exports $143MRnk 54 / 214
2023
Flag → Flag
Top Product $57.2MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
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Economic Complexity (ECI) ECI 0.4Rnk 46 / 132
2023
Flag  
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$243BCURRENT US$
Rnk 54 / 195
2013-2023
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GDP GROWTH2.93%CURRENT US$
Rnk 166 / 195
2023
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GDP PC $8,639CURRENT US$
Rnk 91 / 195
2013-2023
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GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195
2023
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GDP PC$23,401CURRENT US$
Rnk 53 / 196
2013-2023
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GDP PC GROWTH8.47%CURRENT US$
Rnk 139 / 195

About

Bosnia and Herzegovina-Greece Trade: In 2023, Bosnia and Herzegovina exported $13.4M to Greece. The main products that Bosnia and Herzegovina exported to Greece were Carbonates ($1.49M), Scrap Copper ($1.43M), and Sawn Wood ($1.42M). Over the past 5 years the exports of Bosnia and Herzegovina to Greece have increased at an annualized rate of 4.31%, from $10.9M in 2018 to $13.4M in 2023.

In 2019, Bosnia and Herzegovina exported services to Greece worth $10.4M, with Travel ($5.37M), Transportation ($4.81M), and Personal, cultural, and recreational services ($224k) being the largest in terms of value.

Greece-Bosnia and Herzegovina Trade: In 2023, Greece exported $143M to Bosnia and Herzegovina. The main products that Greece exported to Bosnia and Herzegovina were Refined Petroleum ($57.2M), Petroleum Coke ($16.3M), and Raw Aluminium ($5.92M). Over the past 5 years the exports of Greece to Bosnia and Herzegovina have decreased at an annualized rate of 1.22%,  from $152M in 2018 to $143M in 2023.

In 2023, Greece 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $13.4M to Greece. The main products exported from Bosnia and Herzegovina to Greece were Carbonates ($1.49M), Scrap Copper ($1.43M), and Sawn Wood ($1.42M). During the last 5 years the exports of Bosnia and Herzegovina to Greece have increased at an annualized rate of 4.31%, from $10.9M in 2018 to $13.4M in 2023.

In 2018, Greece exported $143M to Bosnia and Herzegovina. The main products exported from Greece to Bosnia and Herzegovina were Refined Petroleum ($57.2M), Petroleum Coke ($16.3M), and Raw Aluminium ($5.92M). During the last 5 years the exports of Greece to Bosnia and Herzegovina have decreased at an annualized rate of 1.22%, from $152M in 2023 to $143M in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Greece Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Greece
Top DestinationItaly$6.21B

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

In 2023, countries that imported more from Bosnia and Herzegovina than Greece included Croatia ($1.39B), Serbia ($1.18B), and Austria ($996M).

In 2023, countries that imported more from Greece than Bosnia and Herzegovina included Italy ($6.21B), Cyprus ($3.03B), and Bulgaria ($2.38B).

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

Comparative Advantage Bosnia and Herzegovina - Greece

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Greece in the exports of Chemical Products ($3.58M), Metals ($2.93M), and Wood Products ($2.42M).

During 2018, Greece had a large net trade with Bosnia and Herzegovina in the exports of Mineral Products ($75.3M), Metals ($20.9M), and Chemical Products ($12.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Greece+$1.02MSawn Wood
Top Product Potential Greece Bosnia and Herzegovina+$20.9MRefined 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 Bosnia and Herzegovina and Greece. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Bosnia and Herzegovina.

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

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