2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 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
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186

About

Bosnia and Herzegovina-Greece Trade: In 2022, Bosnia and Herzegovina exported $14.3M to Greece. The main products that Bosnia and Herzegovina exported to Greece were Scrap Copper ($1.71M), Kraft Paper ($1.65M), and Sawn Wood ($1.54M). Over the past 5 years the exports of Bosnia and Herzegovina to Greece have increased at an annualized rate of 1.55%, from $13.2M in 2017 to $14.3M in 2022.

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 2022, Greece exported $98.4M to Bosnia and Herzegovina. The main products that Greece exported to Bosnia and Herzegovina were Refined Petroleum ($25.8M), Styrene Polymers ($7.54M), and Aluminium Bars ($6.54M). Over the past 5 years the exports of Greece to Bosnia and Herzegovina have decreased at an annualized rate of 2.44%,  from $111M in 2017 to $98.4M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $14.3M to Greece. The main products exported from Bosnia and Herzegovina to Greece were Scrap Copper ($1.71M), Kraft Paper ($1.65M), and Sawn Wood ($1.54M). During the last 5 years the exports of Bosnia and Herzegovina to Greece have increased at an annualized rate of 1.55%, from $13.2M in 2017 to $14.3M in 2022.

In 2017, Greece exported $98.4M to Bosnia and Herzegovina. The main products exported from Greece to Bosnia and Herzegovina were Refined Petroleum ($25.8M), Styrene Polymers ($7.54M), and Aluminium Bars ($6.54M). During the last 5 years the exports of Greece to Bosnia and Herzegovina have decreased at an annualized rate of 2.44%, from $111M in 2022 to $98.4M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Greece Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Greece
Top Destination
Italy$5.82B

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

In 2022, countries that imported more from Greece than Bosnia and Herzegovina included Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

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

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 2022, Bosnia and Herzegovina had a large net trade with Greece in the exports of Metals ($4.77M), Chemical Products ($2.68M), and Paper Goods ($1.98M).

During 2017, Greece had a large net trade with Bosnia and Herzegovina in the exports of Mineral Products ($35.3M), Metals ($17.1M), and Plastics and Rubbers ($11M).

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) (2022)

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