2023
Flag  
GDP
$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH
51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC 
$8,639CURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP PC GROWTH
71.6%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC
$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

Bosnia and Herzegovina-Netherlands Trade: In 2023, Bosnia and Herzegovina exported $218M to Netherlands. The main products that Bosnia and Herzegovina exported to Netherlands were Plastic Building Materials ($26.6M), Other Furniture ($18.6M), and Medical Instruments ($15.3M). Over the past 5 years the exports of Bosnia and Herzegovina to Netherlands have increased at an annualized rate of 6.85%, from $156M in 2018 to $218M in 2023.

In 2019, Bosnia and Herzegovina exported services to Netherlands worth $47.5M, with Travel ($25.7M), Transportation ($20.9M), and Communications services ($784k) being the largest in terms of value.

Netherlands-Bosnia and Herzegovina Trade: In 2023, Netherlands exported $244M to Bosnia and Herzegovina. The main products that Netherlands exported to Bosnia and Herzegovina were Bovine Meat ($49.1M), Vaccines, blood, antisera, toxins and cultures ($17.2M), and Tractors ($13.8M). Over the past 5 years the exports of Netherlands to Bosnia and Herzegovina have increased at an annualized rate of 7.29%,  from $172M in 2018 to $244M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $218M to Netherlands. The main products exported from Bosnia and Herzegovina to Netherlands were Plastic Building Materials ($26.6M), Other Furniture ($18.6M), and Medical Instruments ($15.3M). During the last 5 years the exports of Bosnia and Herzegovina to Netherlands have increased at an annualized rate of 6.85%, from $156M in 2018 to $218M in 2023.

In 2018, Netherlands exported $244M to Bosnia and Herzegovina. The main products exported from Netherlands to Bosnia and Herzegovina were Bovine Meat ($49.1M), Vaccines, blood, antisera, toxins and cultures ($17.2M), and Tractors ($13.8M). During the last 5 years the exports of Netherlands to Bosnia and Herzegovina have increased at an annualized rate of 7.29%, from $172M in 2023 to $244M in 2018.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Netherlands Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Germany$1.48B
Netherlands
Top Destination
Germany$96.9B

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

In 2023, countries that imported more from Bosnia and Herzegovina than Netherlands included Serbia ($1.18B) and Montenegro ($283M).

In 2023, countries that imported more from Netherlands than Bosnia and Herzegovina included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Bosnia and Herzegovina - Netherlands

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Netherlands in the exports of Miscellaneous ($46.8M), Plastics and Rubbers ($35.8M), and Machines ($28.3M).

During 2018, Netherlands had a large net trade with Bosnia and Herzegovina in the exports of Animal Products ($65.1M), Chemical Products ($38.3M), and Transportation ($26M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Netherlands+$9.33MOther Furniture
Top Product Potential Netherlands Bosnia and Herzegovina+$7.01MPackaged 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with