2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 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
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186

About

Bosnia and Herzegovina-Vietnam Trade: In 2022, Bosnia and Herzegovina exported $1.19M to Vietnam. The main products that Bosnia and Herzegovina exported to Vietnam were Veneer Sheets ($659k), Refined Petroleum ($470k), and Sawn Wood ($57k). Over the past 5 years the exports of Bosnia and Herzegovina to Vietnam have increased at an annualized rate of 5.26%, from $917k in 2017 to $1.19M in 2022.

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

Vietnam-Bosnia and Herzegovina Trade: In 2022, Vietnam exported $78M to Bosnia and Herzegovina. The main products that Vietnam exported to Bosnia and Herzegovina were Broadcasting Equipment ($26.6M), Textile Footwear ($7.67M), and Raw Aluminium ($6.77M). Over the past 5 years the exports of Vietnam to Bosnia and Herzegovina have increased at an annualized rate of 5.6%,  from $59.4M in 2017 to $78M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $1.19M to Vietnam. The main products exported from Bosnia and Herzegovina to Vietnam were Veneer Sheets ($659k), Refined Petroleum ($470k), and Sawn Wood ($57k). During the last 5 years the exports of Bosnia and Herzegovina to Vietnam have increased at an annualized rate of 5.26%, from $917k in 2017 to $1.19M in 2022.

In 2017, Vietnam exported $78M to Bosnia and Herzegovina. The main products exported from Vietnam to Bosnia and Herzegovina were Broadcasting Equipment ($26.6M), Textile Footwear ($7.67M), and Raw Aluminium ($6.77M). During the last 5 years the exports of Vietnam to Bosnia and Herzegovina have increased at an annualized rate of 5.6%, from $59.4M in 2022 to $78M in 2017.

Exports from Bosnia and Herzegovina (Flag) to Vietnam (Flag) (2022)

Exports from Vietnam (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Vietnam
Top Destination
United States$117B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Vietnam included Croatia ($1.47B), Serbia ($1.35B), and Slovenia ($811M).

In 2022, countries that imported more from Vietnam than Bosnia and Herzegovina included United States ($117B), China ($58.7B), and South Korea ($25.2B).

Difference in imports from Vietnam (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - Vietnam

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Vietnam in the exports of Wood Products ($716k) and Mineral Products ($470k).

During 2017, Vietnam had a large net trade with Bosnia and Herzegovina in the exports of Machines ($34.5M), Footwear and Headwear ($18.1M), and Metals ($7.66M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Vietnam+$924kRefined Petroleum
Top Product Potential Vietnam Bosnia and Herzegovina+$13.5MTelephones

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

Product Space of Bosnia and Herzegovina (Flag) and Vietnam (Flag) (2022)

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