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Pricing

2022
Flag → Flag
Exports $46.2kRnk 132 / 162
2022
Flag → Flag
Top Product $20.7kCarbonates
2022
Flag → Flag
Exports $11.2kRnk 127 / 149
2022
Flag → Flag
Top Product $11.2kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag  
GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC $7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Bosnia and Herzegovina-Trinidad and Tobago Trade: In 2022, Bosnia and Herzegovina exported $46.2k to Trinidad and Tobago. The main products that Bosnia and Herzegovina exported to Trinidad and Tobago were Carbonates ($20.7k), Centrifuges ($9.04k), and Other Inorganic Acids ($5.51k). Over the past 5 years the exports of Bosnia and Herzegovina to Trinidad and Tobago have increased at an annualized rate of 45.4%, from $7.11k in 2017 to $46.2k in 2022.

In 2022, Bosnia and Herzegovina did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Bosnia and Herzegovina Trade: In 2022, Trinidad and Tobago exported $11.2k to Bosnia and Herzegovina. The main products that Trinidad and Tobago exported to Bosnia and Herzegovina were Hard Liquor ($11.2k). Over the past 5 years the exports of Trinidad and Tobago to Bosnia and Herzegovina have decreased at an annualized rate of 6.4%,  from $15.6k in 2017 to $11.2k in 2022.

In 2022, Trinidad and Tobago 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, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $46.2k to Trinidad and Tobago. The main products exported from Bosnia and Herzegovina to Trinidad and Tobago were Carbonates ($20.7k), Centrifuges ($9.04k), and Other Inorganic Acids ($5.51k). During the last 5 years the exports of Bosnia and Herzegovina to Trinidad and Tobago have increased at an annualized rate of 45.4%, from $7.11k in 2017 to $46.2k in 2022.

In 2017, Trinidad and Tobago exported $11.2k to Bosnia and Herzegovina. The main products exported from Trinidad and Tobago to Bosnia and Herzegovina were Hard Liquor ($11.2k). During the last 5 years the exports of Trinidad and Tobago to Bosnia and Herzegovina have decreased at an annualized rate of 6.4%, from $15.6k in 2022 to $11.2k in 2017.

Exports from Bosnia and Herzegovina (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Bosnia and Herzegovina (Flag) (2022)

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationCroatia$1.47B
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

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

In 2022, countries that imported more from Trinidad and Tobago than Bosnia and Herzegovina included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - Trinidad and Tobago

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Trinidad and Tobago in the exports of Chemical Products ($26.2k), Machines ($11.2k), and Paper Goods ($3.39k).

During 2017, Trinidad and Tobago had a large net trade with Bosnia and Herzegovina in the exports of Foodstuffs ($11.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Trinidad and Tobago+$1.88kRefined Petroleum
Top Product Potential Trinidad and Tobago Bosnia and Herzegovina+$18kHard Liquor

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

Product Space of Bosnia and Herzegovina (Flag) and Trinidad and Tobago (Flag) (2022)

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