2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
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GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
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 GDP
$70.3BCURRENT US$
Rnk 81 / 186
2012-2022
Flag
GDP GROWTH
63.8%CURRENT US$
Rnk 38 / 186
2022
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GDP PC 
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186
2022
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GDP PC
$24,827CURRENT US$
Rnk 45 / 186
2012-2022
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GDP PC GROWTH
72.8%CURRENT US$
Rnk 17 / 186

About

Bosnia and Herzegovina-Lithuania Trade: In 2022, Bosnia and Herzegovina exported $10.2M to Lithuania. The main products that Bosnia and Herzegovina exported to Lithuania were Insulated Wire ($27.7M), Precious Metal Scraps ($4.22M), and Carbonates ($838k). Over the past 5 years the exports of Bosnia and Herzegovina to Lithuania have increased at an annualized rate of 240%, from $22.4k in 2017 to $10.2M in 2022.

In 2019, Bosnia and Herzegovina exported services to Lithuania worth $1.68M, with Travel ($1.23M) and Transportation ($448k) being the largest in terms of value.

Lithuania-Bosnia and Herzegovina Trade: In 2022, Lithuania exported $5.99M to Bosnia and Herzegovina. The main products that Lithuania exported to Bosnia and Herzegovina were Plywood ($1.46M), Other Edible Preparations ($1.3M), and Processed Fish ($881k). Over the past 5 years the exports of Lithuania to Bosnia and Herzegovina have increased at an annualized rate of 512%,  from $699 in 2017 to $5.99M in 2022.

In 2022, Lithuania 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, Lithuania ranked 30 in the Economic Complexity Index (ECI 0.93), and 62 in total exports ($46.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $10.2M to Lithuania. The main products exported from Bosnia and Herzegovina to Lithuania were Insulated Wire ($27.7M), Precious Metal Scraps ($4.22M), and Carbonates ($838k). During the last 5 years the exports of Bosnia and Herzegovina to Lithuania have increased at an annualized rate of 240%, from $22.4k in 2017 to $10.2M in 2022.

In 2017, Lithuania exported $5.99M to Bosnia and Herzegovina. The main products exported from Lithuania to Bosnia and Herzegovina were Plywood ($1.46M), Other Edible Preparations ($1.3M), and Processed Fish ($881k). During the last 22 years the exports of Lithuania to Bosnia and Herzegovina have increased at an annualized rate of 512%, from $699 in 1995 to $5.99M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Lithuania Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Lithuania
Top Destination
Latvia$6.18B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Lithuania included Croatia ($1.47B), Serbia ($1.35B), and Slovenia ($811M).

In 2022, countries that imported more from Lithuania than Bosnia and Herzegovina included Latvia ($6.18B), Poland ($3.91B), and Russia ($2.88B).

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

Comparative Advantage Bosnia and Herzegovina - Lithuania

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Lithuania in the exports of Machines ($27.9M), Precious Metals ($4.22M), and Chemical Products ($941k).

During 2017, Lithuania had a large net trade with Bosnia and Herzegovina in the exports of Foodstuffs ($2.81M), Wood Products ($2.31M), and Machines ($1.69M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bosnia and Herzegovina and Lithuania. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Lithuania. Similarly, a dot/product with the flag of Lithuania indicates it has a comparative advantage over Bosnia and Herzegovina.

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

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