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2022
Flag → Flag
Exports $454kRnk 181 / 210
2022
Flag → Flag
Top Product $155kHoney
2022
Flag → Flag
Exports $3.15MRnk 68 / 162
2022
Flag → Flag
Top Product $2.11MMedical Instruments
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag  
GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
 GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC $48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

New Zealand-Bosnia and Herzegovina Trade: In 2022, New Zealand exported $454k to Bosnia and Herzegovina. The main products that New Zealand exported to Bosnia and Herzegovina were Honey ($155k), Molluscs ($86.8k), and Animal Organs ($38.7k). Over the past 5 years the exports of New Zealand to Bosnia and Herzegovina have decreased at an annualized rate of 0.62%, from $468k in 2017 to $454k in 2022.

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

Bosnia and Herzegovina-New Zealand Trade: In 2022, Bosnia and Herzegovina exported $3.15M to New Zealand. The main products that Bosnia and Herzegovina exported to New Zealand were Medical Instruments ($2.11M), Non-Knit Women's Coats ($103k), and Centrifuges ($95.8k). Over the past 5 years the exports of Bosnia and Herzegovina to New Zealand have increased at an annualized rate of 9.31%,  from $2.02M in 2017 to $3.15M in 2022.

In 2019, Bosnia and Herzegovina exported services to New Zealand worth $1.12M, with Travel ($1.12M) being the largest in terms of value.

Comparison: In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Zealand exported $454k to Bosnia and Herzegovina. The main products exported from New Zealand to Bosnia and Herzegovina were Honey ($155k), Molluscs ($86.8k), and Animal Organs ($38.7k). During the last 5 years the exports of New Zealand to Bosnia and Herzegovina have decreased at an annualized rate of 0.62%, from $468k in 2017 to $454k in 2022.

In 2017, Bosnia and Herzegovina exported $3.15M to New Zealand. The main products exported from Bosnia and Herzegovina to New Zealand were Medical Instruments ($2.11M), Non-Knit Women's Coats ($103k), and Centrifuges ($95.8k). During the last 5 years the exports of Bosnia and Herzegovina to New Zealand have increased at an annualized rate of 9.31%, from $2.02M in 2022 to $3.15M in 2017.

Exports from New Zealand (Flag) to Bosnia and Herzegovina (Flag) (2022)

Exports from Bosnia and Herzegovina (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and Bosnia and Herzegovina (Flag)

New Zealand Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$13.1B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2022, countries that imported more from New Zealand than Bosnia and Herzegovina included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

In 2022, countries that imported more from Bosnia and Herzegovina than New Zealand included Croatia ($1.47B), Serbia ($1.35B), and Austria ($942M).

Difference in imports from Bosnia and Herzegovina (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - Bosnia and Herzegovina

Flow
Scale

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

During 2022, New Zealand had a large net trade with Bosnia and Herzegovina in the exports of Animal Products ($281k), Machines ($47k), and Foodstuffs ($36.9k).

During 2017, Bosnia and Herzegovina had a large net trade with New Zealand in the exports of Instruments ($2.11M), Textiles ($353k), and Machines ($195k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Bosnia and Herzegovina+$64kMolluscs
Top Product Potential Bosnia and Herzegovina New Zealand+$147kCentrifuges

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 New Zealand worth $1.12M, with Travel ($1.12M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina (Flag) to New Zealand (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of New Zealand (Flag) and Bosnia and Herzegovina (Flag) (2022)

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