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Pricing

2022
Flag → Flag
Exports $4.31MRnk 59 / 162
2022
Flag → Flag
Top Product $1.02MKraft Paper
2022
Flag → Flag
Exports $433MRnk 98 / 217
2022
Flag → Flag
Top Product $332MRaw Aluminium
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Bosnia and Herzegovina-India Trade: In 2022, Bosnia and Herzegovina exported $4.31M to India. The main products that Bosnia and Herzegovina exported to India were Kraft Paper ($1.02M), Ball Bearings ($514k), and Sawn Wood ($467k). Over the past 5 years the exports of Bosnia and Herzegovina to India have decreased at an annualized rate of 11.4%, from $7.9M in 2017 to $4.31M in 2022.

In 2019, Bosnia and Herzegovina exported services to India worth $2.69M, with Travel ($2.46M) and Transportation ($224k) being the largest in terms of value.

India-Bosnia and Herzegovina Trade: In 2022, India exported $433M to Bosnia and Herzegovina. The main products that India exported to Bosnia and Herzegovina were Raw Aluminium ($332M), Coffee ($16.2M), and Air Pumps ($6.63M). Over the past 5 years the exports of India to Bosnia and Herzegovina have increased at an annualized rate of 46.3%,  from $64.7M in 2017 to $433M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $4.31M to India. The main products exported from Bosnia and Herzegovina to India were Kraft Paper ($1.02M), Ball Bearings ($514k), and Sawn Wood ($467k). During the last 5 years the exports of Bosnia and Herzegovina to India have decreased at an annualized rate of 11.4%, from $7.9M in 2017 to $4.31M in 2022.

In 2017, India exported $433M to Bosnia and Herzegovina. The main products exported from India to Bosnia and Herzegovina were Raw Aluminium ($332M), Coffee ($16.2M), and Air Pumps ($6.63M). During the last 5 years the exports of India to Bosnia and Herzegovina have increased at an annualized rate of 46.3%, from $64.7M in 2022 to $433M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

India Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationCroatia$1.47B
India
Top DestinationUnited States$82.9B

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

In 2022, countries that imported more from Bosnia and Herzegovina than India included Croatia ($1.47B), Serbia ($1.35B), and Montenegro ($306M).

In 2022, countries that imported more from India than Bosnia and Herzegovina included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Bosnia and Herzegovina - India

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with India in the exports of Paper Goods ($1.19M), Machines ($788k), and Metals ($591k).

During 2017, India had a large net trade with Bosnia and Herzegovina in the exports of Metals ($343M), Vegetable Products ($17.9M), and Machines ($16.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina India+$1.44MSawn Wood
Top Product Potential India Bosnia and Herzegovina+$7.99MPackaged Medicaments

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

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

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