2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH
43.9%CURRENT US$
Rnk 78 / 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
$3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH
13.8%CURRENT US$
Rnk 100 / 186

About

Bosnia and Herzegovina-Papua New Guinea Trade: In 2021, Bosnia and Herzegovina exported $5.46k to Papua New Guinea. The main products that Bosnia and Herzegovina exported to Papua New Guinea were N/A. Over the past 18 years the exports of Bosnia and Herzegovina to Papua New Guinea have decreased at an annualized rate of 7.82%, from $23.6k in 2003 to $5.46k in 2021.

In 2021, Bosnia and Herzegovina did not export any services to Papua New Guinea.

Papua New Guinea-Bosnia and Herzegovina Trade: In 2021, Papua New Guinea exported $6.05k to Bosnia and Herzegovina. The main products that Papua New Guinea exported to Bosnia and Herzegovina were Processed Fish ($5.87k), Interior Decorative Glassware ($163), and Computers ($8). Over the past 18 years the exports of Papua New Guinea to Bosnia and Herzegovina have increased at an annualized rate of 60.1%,  from $574 in 2003 to $6.05k in 2021.

In 2021, Papua New Guinea 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, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Bosnia and Herzegovina exported $5.46k to Papua New Guinea. There were not main exports from Bosnia and Herzegovina to Papua New Guinea in 2021. During the last 18 years the exports of Bosnia and Herzegovina to Papua New Guinea have decreased at an annualized rate of 7.82%, from $23.6k in 2003 to $5.46k in 2021.

In 2017, Papua New Guinea exported $6.05k to Bosnia and Herzegovina. The main products exported from Papua New Guinea to Bosnia and Herzegovina were Processed Fish ($5.87k), Interior Decorative Glassware ($163), and Computers ($8). During the last 5 years the exports of Papua New Guinea to Bosnia and Herzegovina have increased at an annualized rate of 60.1%, from $574 in 2022 to $6.05k in 2017.

Exports from Bosnia and Herzegovina (Flag) to Papua New Guinea (Flag) (2022)

Exports from Papua New Guinea (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Papua New Guinea (Flag)

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Papua New Guinea
Top Destination
Japan$4.03B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Papua New Guinea included Croatia ($1.47B), Serbia ($1.35B), and Germany ($1.46B).

In 2022, countries that imported more from Papua New Guinea than Bosnia and Herzegovina included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).

Difference in imports from Papua New Guinea (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - Papua New Guinea

Flow
Scale

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

During 2021, Bosnia and Herzegovina had a large net trade with Papua New Guinea in the exports of .

During 2017, Papua New Guinea had a large net trade with Bosnia and Herzegovina in the exports of Foodstuffs ($5.87k), Stone And Glass ($163), and Machines ($8).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Papua New Guinea+$1.71kRefined Petroleum
Top Product Potential Papua New Guinea Bosnia and Herzegovina+$22.6kProcessed Fish

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

Product Space of Bosnia and Herzegovina (Flag) and Papua New Guinea (Flag) (2022)

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