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2023
Flag → Flag
Exports $135MRnk 103 / 221
2023
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Top Product $47.6MRaw Sugar
2023
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Exports $8.84MRnk 45 / 159
2023
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Top Product $2.17MBall Bearings
2023
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Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
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Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
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GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
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 GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
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GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
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GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
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GDP PC$8,639CURRENT US$
Rnk 91 / 196
2013-2023
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GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195

About

Brazil-Bosnia and Herzegovina Trade: In 2023, Brazil exported $135M to Bosnia and Herzegovina. The main products that Brazil exported to Bosnia and Herzegovina were Raw Sugar ($47.6M), Soybean Meal ($40.6M), and Coffee ($29.2M). Over the past 5 years the exports of Brazil to Bosnia and Herzegovina have increased at an annualized rate of 6.88%, from $96.8M in 2018 to $135M in 2023.

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

Bosnia and Herzegovina-Brazil Trade: In 2023, Bosnia and Herzegovina exported $8.84M to Brazil. The main products that Bosnia and Herzegovina exported to Brazil were Ball Bearings ($2.17M), Metalworking Machine Parts ($1.07M), and Rubber Footwear ($689k). Over the past 5 years the exports of Bosnia and Herzegovina to Brazil have increased at an annualized rate of 24.7%,  from $2.93M in 2018 to $8.84M in 2023.

In 2019, Bosnia and Herzegovina exported services to Brazil worth $4.93M, with Travel ($4.81M) and Transportation ($112k) being the largest in terms of value.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Latest Trends

January, 2025

About

Overview In January 2025, Brazil exported $363k and imported $1.17M from Bosnia and Herzegovina, resulting in a negative trade balance of $810k. Between January 2024 and January 2025 the exports of Brazil have increased by $355k (4.58k%) from $7.75k to $363k, while imports increased by $18.6k (1.61%) from $1.15M to $1.17M.

Trade In January 2025, the top exports of Brazil to Bosnia and Herzegovina were Other Plastic Sheetings ($7.75k). In January 2025 the top imports of Brazil from Bosnia and Herzegovina were Rubber Footwear ($226k), Ceramic Tableware ($152k), Air Pumps ($152k), Ball Bearings ($146k), and Textile Footwear ($96.5k).

Origins In January 2025 the exports of Brazil were mainly from Ceará ($292k), São Paulo ($56.5k), and Santa Catarina ($14.5k), while imports destinations were mainly São Paulo ($898k), Santa Catarina ($156k), Rio de Janeiro ($49.7k), Amazonas ($34.2k), and Espírito Santo ($19.6k).

Growth In January 2025, the increase in Brazil's year-by-year exports to Bosnia and Herzegovina was explained primarily by an increase in product exports in . In January 2025, the increase in Brazil's year-by-year imports  from Bosnia and Herzegovina was explained primarily by an increase in product imports  in Motor vehicles; parts and accessories (8701... ($77k or 405%), Liquid Pumps ($31.6k or 70.2%), and Centrifuges ($29.7k or 172%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2024 - January 2025)$355k(4.58k%)
IMPORT GROWTH (January 2024 - January 2025)$18.6k(1.61%)
MAIN EXPORTER (January 2025)Ceará$292k

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Bosnia and Herzegovina and Brazil trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $135M to Bosnia and Herzegovina. The main products exported from Brazil to Bosnia and Herzegovina were Raw Sugar ($47.6M), Soybean Meal ($40.6M), and Coffee ($29.2M). During the last 5 years the exports of Brazil to Bosnia and Herzegovina have increased at an annualized rate of 6.88%, from $96.8M in 2018 to $135M in 2023.

In 2018, Bosnia and Herzegovina exported $8.84M to Brazil. The main products exported from Bosnia and Herzegovina to Brazil were Ball Bearings ($2.17M), Metalworking Machine Parts ($1.07M), and Rubber Footwear ($689k). During the last 5 years the exports of Bosnia and Herzegovina to Brazil have increased at an annualized rate of 24.7%, from $2.93M in 2023 to $8.84M in 2018.

Exports from Brazil (Flag) to Bosnia and Herzegovina (Flag) (2023)

Exports from Bosnia and Herzegovina (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Bosnia and Herzegovina
Top DestinationGermany$1.48B

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

In 2023, countries that imported more from Brazil than Bosnia and Herzegovina included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Difference in imports from Bosnia and Herzegovina (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Bosnia and Herzegovina

Flow
Scale

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

During 2023, Brazil had a large net trade with Bosnia and Herzegovina in the exports of Foodstuffs ($90.4M), Vegetable Products ($30.9M), and Paper Goods ($5.44M).

During 2018, Bosnia and Herzegovina had a large net trade with Brazil in the exports of Machines ($4.9M), Footwear and Headwear ($1.28M), and Metals ($663k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Bosnia and Herzegovina+$1.9MSulfate Chemical Woodpulp
Top Product Potential Bosnia and Herzegovina Brazil+$958kBall Bearings

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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Bilateral Service Trade

In 2019, Bosnia and Herzegovina exported services to Brazil worth $4.93M, with Travel ($4.81M) and Transportation ($112k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina (Flag) to Brazil (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brazil and Bosnia and Herzegovina. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Bosnia and Herzegovina. Similarly, a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Brazil.

Product Space of Brazil (Flag) and Bosnia and Herzegovina (Flag) (2023)

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