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2022
Flag → Flag
Exports $433MRnk 98 / 217
2022
Flag → Flag
Top Product $332MRaw Aluminium
2022
Flag → Flag
Exports $4.31MRnk 59 / 162
2022
Flag → Flag
Top Product $1.02MKraft Paper
2022
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Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
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Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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 GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
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GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
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GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
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GDP PC$7,585CURRENT US$
Rnk 88 / 186
2012-2022
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GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

India-Bosnia and Herzegovina Trade: In 2022, India exported $433M to Bosnia and Herzegovina. The main products that India exported to Bosnia and Herzegovina were Raw Aluminium ($332M), Coffee ($16.2M), and Air Pumps ($6.63M). Over the past 5 years the exports of India to Bosnia and Herzegovina have increased at an annualized rate of 46.3%, from $64.7M in 2017 to $433M in 2022.

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

Bosnia and Herzegovina-India Trade: In 2022, Bosnia and Herzegovina exported $4.31M to India. The main products that Bosnia and Herzegovina exported to India were Kraft Paper ($1.02M), Ball Bearings ($514k), and Sawn Wood ($467k). Over the past 5 years the exports of Bosnia and Herzegovina to India have decreased at an annualized rate of 3.97%,  from $7.9M in 2017 to $4.31M in 2022.

In 2019, Bosnia and Herzegovina exported services to India worth $2.69M, with Travel ($2.46M) and Transportation ($224k) being the largest in terms of value.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Latest Trends

August, 2024

About

Overview In August 2024, India exported $1.03M and imported $127k from Bosnia and Herzegovina, resulting in a positive trade balance of $901k. Between August 2023 and August 2024 the exports of India have decreased by $-4.65M (-81.9%) from $5.68M to $1.03M, while imports decreased by $-497k (-79.6%) from $624k to $127k.

Trade In August 2024, the top exports of India to Bosnia and Herzegovina were Electric Machinery And Equipme ($345k), Residul Chemicl And Alled Prod ($248k), Telecom Instruments ($167k), Ac, Refrigeration Machnry Etc ($146k), and Bulk Drugs, Drug Intermediates ($146k). In August 2024 the top imports of India from Bosnia and Herzegovina were Raw Hides And Skins ($71.4k), Indl. Machnry For Dairy Etc ($70.6k), Plywood And Allied Products ($62.2k), Auto Components/Parts ($32.3k), and Paper, Paper Board And Product ($27.7k).

Growth In August 2024, the decrease in India's year-by-year exports to Bosnia and Herzegovina was explained primarily by an decrease in product exports in Auto Tyres And Tubes ($-146k or -80.8%), Drug Formulations, Biologicals ($-102k or -52.6%), and Electric Machinery And Equipme ($-93k or -21.2%). In August 2024, the decrease in India's year-by-year imports  from Bosnia and Herzegovina was explained primarily by an decrease in product imports  in Plywood And Allied Products ($-22.9k or -26.9%) and Ic Engines And Parts ($-2.69k or -33.3%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)$-4.65M(-81.9%)
IMPORT GROWTH (August 2023 - August 2024)$-497k(-79.6%)

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

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

For full datasets download visit Bulk Download page.

Explore Bosnia and Herzegovina and India Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $433M to Bosnia and Herzegovina. The main products exported from India to Bosnia and Herzegovina were Raw Aluminium ($332M), Coffee ($16.2M), and Air Pumps ($6.63M). During the last 5 years the exports of India to Bosnia and Herzegovina have increased at an annualized rate of 46.3%, from $64.7M in 2017 to $433M in 2022.

In 2017, Bosnia and Herzegovina exported $4.31M to India. The main products exported from Bosnia and Herzegovina to India were Kraft Paper ($1.02M), Ball Bearings ($514k), and Sawn Wood ($467k). During the last 5 years the exports of Bosnia and Herzegovina to India have decreased at an annualized rate of 3.97%, from $7.9M in 2022 to $4.31M in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2022, countries that imported more from India than Bosnia and Herzegovina included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Bosnia and Herzegovina than India included Croatia ($1.47B), Serbia ($1.35B), and Montenegro ($306M).

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

Comparative Advantage India - Bosnia and Herzegovina

Flow
Scale

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

During 2022, India had a large net trade with Bosnia and Herzegovina in the exports of Metals ($343M), Vegetable Products ($17.9M), and Machines ($16.8M).

During 2017, Bosnia and Herzegovina had a large net trade with India in the exports of Paper Goods ($1.19M), Machines ($788k), and Metals ($591k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Bosnia and Herzegovina+$7.99MPackaged Medicaments
Top Product Potential Bosnia and Herzegovina India+$1.44MSawn Wood

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 India worth $2.69M, with Travel ($2.46M) and Transportation ($224k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of India and Bosnia and Herzegovina. This means that a dot/product with the flag of India 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 India.

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

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