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Pricing

2023
Flag → Flag
Exports $23.9kRnk 133 / 159
2023
Flag → Flag
Top Product $11.6kVideo and Card Games
2023
Flag → Flag
Exports $11.7kRnk 108 / 112
2023
Flag → Flag
Top Product $110Plastic Floor Coverings
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.44Rnk 126 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH33.5%CURRENT US$
Rnk 106 / 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$772CURRENT US$
Rnk 184 / 196
2013-2023
Flag
GDP PC GROWTH8.6%CURRENT US$
Rnk 138 / 195

About

Bosnia and Herzegovina-Liberia Trade: In 2023, Bosnia and Herzegovina exported $23.9k to Liberia. The main products that Bosnia and Herzegovina exported to Liberia were Video and Card Games ($11.6k), Edible Offal ($8.61k), and Office Machine Parts ($2.09k). Over the past 5 years the exports of Bosnia and Herzegovina to Liberia have increased at an annualized rate of 97.7%, from $790 in 2018 to $23.9k in 2023.

In 2023, Bosnia and Herzegovina did not export any services to Liberia.

Liberia-Bosnia and Herzegovina Trade: In 2023, Liberia exported $112 to Bosnia and Herzegovina. The main products that Liberia exported to Bosnia and Herzegovina were Plastic Floor Coverings ($110) and Knit Gloves ($2). Over the past 5 years the exports of Liberia to Bosnia and Herzegovina have decreased at an annualized rate of 38.4%,  from $8.74k in 2018 to $112 in 2023.

In 2023, Liberia 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, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $23.9k to Liberia. The main products exported from Bosnia and Herzegovina to Liberia were Video and Card Games ($11.6k), Edible Offal ($8.61k), and Office Machine Parts ($2.09k). During the last 5 years the exports of Bosnia and Herzegovina to Liberia have increased at an annualized rate of 70%, from $240k in 2018 to $23.9k in 2023.

In 2018, Liberia exported $112 to Bosnia and Herzegovina. The main products exported from Liberia to Bosnia and Herzegovina were Plastic Floor Coverings ($110) and Knit Gloves ($2). During the last 5 years the exports of Liberia to Bosnia and Herzegovina have decreased at an annualized rate of 15.3%, from $26.7k in 2023 to $112 in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Liberia
Top DestinationSwitzerland$708M

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

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

In 2023, countries that imported more from Liberia than Bosnia and Herzegovina included Switzerland ($708M), United Kingdom ($306M), and Lebanon ($105M).

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

Comparative Advantage Bosnia and Herzegovina - Liberia

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Liberia in the exports of Miscellaneous ($11.6k), Animal Products ($8.61k), and Machines ($2.83k).

During 2018, Liberia had a large net trade with Bosnia and Herzegovina in the exports of Plastics and Rubbers ($110) and Textiles ($2).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Liberia+$2.11kRefined Petroleum
Top Product Potential Liberia Bosnia and Herzegovina+$2.68kRefined 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 Liberia. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Bosnia and Herzegovina.

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

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