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Pricing

2023
Flag → Flag
Exports $23.1MRnk 32 / 159
2023
Flag → Flag
Top Product $8.5MExplosive Ammunition
2023
Flag → Flag
Exports $4.37MRnk 138 / 182
2023
Flag → Flag
Top Product $1.14MEthylene Polymers
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 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$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Bosnia and Herzegovina-Saudi Arabia Trade: In 2023, Bosnia and Herzegovina exported $23.1M to Saudi Arabia. The main products that Bosnia and Herzegovina exported to Saudi Arabia were Explosive Ammunition ($8.5M), Carbonates ($3.41M), and Seed Oils ($934k). Over the past 5 years the exports of Bosnia and Herzegovina to Saudi Arabia have decreased at an annualized rate of 17.1%, from $59.1M in 2018 to $23.1M in 2023.

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

Saudi Arabia-Bosnia and Herzegovina Trade: In 2023, Saudi Arabia exported $4.37M to Bosnia and Herzegovina. The main products that Saudi Arabia exported to Bosnia and Herzegovina were Ethylene Polymers ($1.14M), Propylene Polymers ($774k), and Raw Plastic Sheeting ($628k). Over the past 5 years the exports of Saudi Arabia to Bosnia and Herzegovina have increased at an annualized rate of 0.15%,  from $4.33M in 2018 to $4.37M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $23.1M to Saudi Arabia. The main products exported from Bosnia and Herzegovina to Saudi Arabia were Explosive Ammunition ($8.5M), Carbonates ($3.41M), and Seed Oils ($934k). During the last 5 years the exports of Bosnia and Herzegovina to Saudi Arabia have decreased at an annualized rate of 17.1%, from $59.1M in 2018 to $23.1M in 2023.

In 2018, Saudi Arabia exported $4.37M to Bosnia and Herzegovina. The main products exported from Saudi Arabia to Bosnia and Herzegovina were Ethylene Polymers ($1.14M), Propylene Polymers ($774k), and Raw Plastic Sheeting ($628k). During the last 5 years the exports of Saudi Arabia to Bosnia and Herzegovina have increased at an annualized rate of 0.15%, from $4.33M in 2023 to $4.37M in 2018.

Exports from Bosnia and Herzegovina (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Bosnia and Herzegovina (Flag) (2023)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Saudi Arabia (Flag)

Bosnia and Herzegovina Exports

Saudi Arabia Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Bosnia and Herzegovina than Saudi Arabia included Croatia ($1.39B), Serbia ($1.18B), and Austria ($996M).

In 2023, countries that imported more from Saudi Arabia than Bosnia and Herzegovina included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Bosnia and Herzegovina (Flag) (2023)

Comparative Advantage Bosnia and Herzegovina - Saudi Arabia

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Saudi Arabia in the exports of Weapons ($8.5M), Chemical Products ($5.52M), and Machines ($1.65M).

During 2018, Saudi Arabia had a large net trade with Bosnia and Herzegovina in the exports of Plastics and Rubbers ($3.29M), Vegetable Products ($504k), and Chemical Products ($396k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Saudi Arabia+$1.7MSawn Wood
Top Product Potential Saudi Arabia Bosnia and Herzegovina+$2.27MEthylene Polymers

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

Product Space of Bosnia and Herzegovina (Flag) and Saudi Arabia (Flag) (2023)

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