2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 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
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Bosnia and Herzegovina-United States Trade: In 2022, Bosnia and Herzegovina exported $149M to United States. The main products that Bosnia and Herzegovina exported to United States were Explosive Ammunition ($28.8M), Mattresses ($20.7M), and Rubber Footwear ($15.7M). Over the past 5 years the exports of Bosnia and Herzegovina to United States have increased at an annualized rate of 10.3%, from $91.1M in 2017 to $149M in 2022.

In 2019, Bosnia and Herzegovina exported services to United States worth $35.7M, with Travel ($32M) and Transportation ($3.69M) being the largest in terms of value.

United States-Bosnia and Herzegovina Trade: In 2022, United States exported $494M to Bosnia and Herzegovina. The main products that United States exported to Bosnia and Herzegovina were Coal Briquettes ($378M), Cars ($7.81M), and Vaccines, blood, antisera, toxins and cultures ($7.72M). Over the past 5 years the exports of United States to Bosnia and Herzegovina have increased at an annualized rate of 8.88%,  from $323M in 2017 to $494M in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $149M to United States. The main products exported from Bosnia and Herzegovina to United States were Explosive Ammunition ($28.8M), Mattresses ($20.7M), and Rubber Footwear ($15.7M). During the last 5 years the exports of Bosnia and Herzegovina to United States have increased at an annualized rate of 10.3%, from $91.1M in 2017 to $149M in 2022.

In 2017, United States exported $494M to Bosnia and Herzegovina. The main products exported from United States to Bosnia and Herzegovina were Coal Briquettes ($378M), Cars ($7.81M), and Vaccines, blood, antisera, toxins and cultures ($7.72M). During the last 5 years the exports of United States to Bosnia and Herzegovina have increased at an annualized rate of 8.88%, from $323M in 2022 to $494M in 2017.

Exports from Bosnia and Herzegovina (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and United States (Flag)

Bosnia and Herzegovina Exports

United States Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
United States
Top Destination
Canada$308B

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

In 2022, countries that imported more from Bosnia and Herzegovina than United States included Serbia ($1.35B), Montenegro ($306M), and Slovenia ($811M).

In 2022, countries that imported more from United States than Bosnia and Herzegovina included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - United States

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with United States in the exports of Weapons ($34.9M), Miscellaneous ($33.3M), and Footwear and Headwear ($17.4M).

During 2017, United States had a large net trade with Bosnia and Herzegovina in the exports of Mineral Products ($379M), Machines ($28.1M), and Chemical Products ($17.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina United States+$13.6MOther Furniture
Top Product Potential United States Bosnia and Herzegovina+$11.2MCars

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

Product Space of Bosnia and Herzegovina (Flag) and United States (Flag) (2022)

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