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Pricing

2023
Flag → Flag
Exports $53.4MRnk 119 / 213
2023
Flag → Flag
Top Product $10MRaw Tin
2023
Flag → Flag
Exports $3.92MRnk 63 / 159
2023
Flag → Flag
Top Product $2.25MElectric Motor Parts
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
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Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag  
GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
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GDP GROWTH50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
 GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
GDP PC $4,876CURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC$8,639CURRENT US$
Rnk 91 / 196
2013-2023
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GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195

About

Indonesia-Bosnia and Herzegovina Trade: In 2023, Indonesia exported $53.4M to Bosnia and Herzegovina. The main products that Indonesia exported to Bosnia and Herzegovina were Raw Tin ($10M), Tissue ($9.38M), and Leather Footwear ($4.8M). Over the past 5 years the exports of Indonesia to Bosnia and Herzegovina have increased at an annualized rate of 18.9%, from $22.4M in 2018 to $53.4M in 2023.

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

Bosnia and Herzegovina-Indonesia Trade: In 2023, Bosnia and Herzegovina exported $3.92M to Indonesia. The main products that Bosnia and Herzegovina exported to Indonesia were Electric Motor Parts ($2.25M), Centrifuges ($464k), and Carbonates ($247k). Over the past 5 years the exports of Bosnia and Herzegovina to Indonesia have increased at an annualized rate of 32.8%,  from $949k in 2018 to $3.92M in 2023.

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

Comparison: In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). That same year, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Indonesia exported $53.4M to Bosnia and Herzegovina. The main products exported from Indonesia to Bosnia and Herzegovina were Raw Tin ($10M), Tissue ($9.38M), and Leather Footwear ($4.8M). During the last 5 years the exports of Indonesia to Bosnia and Herzegovina have increased at an annualized rate of 18.9%, from $22.4M in 2018 to $53.4M in 2023.

In 2018, Bosnia and Herzegovina exported $3.92M to Indonesia. The main products exported from Bosnia and Herzegovina to Indonesia were Electric Motor Parts ($2.25M), Centrifuges ($464k), and Carbonates ($247k). During the last 5 years the exports of Bosnia and Herzegovina to Indonesia have increased at an annualized rate of 32.8%, from $949k in 2023 to $3.92M in 2018.

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

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

Latest Data

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

Indonesia Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$70.7B
Bosnia and Herzegovina
Top DestinationGermany$1.48B

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

In 2023, countries that imported more from Indonesia than Bosnia and Herzegovina included China ($70.7B), United States ($27.9B), and India ($24B).

In 2023, countries that imported more from Bosnia and Herzegovina than Indonesia included Croatia ($1.39B), Serbia ($1.18B), and Slovenia ($825M).

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

Comparative Advantage Indonesia - Bosnia and Herzegovina

Flow
Scale

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

During 2023, Indonesia had a large net trade with Bosnia and Herzegovina in the exports of Metals ($13M), Footwear and Headwear ($12.4M), and Paper Goods ($9.79M).

During 2018, Bosnia and Herzegovina had a large net trade with Indonesia in the exports of Machines ($2.91M), Chemical Products ($248k), and Footwear and Headwear ($142k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Bosnia and Herzegovina+$1.8MLeather Footwear
Top Product Potential Bosnia and Herzegovina Indonesia+$799kCentrifuges

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 Indonesia and Bosnia and Herzegovina. This means that a dot/product with the flag of Indonesia 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 Indonesia.

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

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