2022
Flag  
GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
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GDP GROWTH
25.9%CURRENT US$
Rnk 106 / 186
2022
Flag
 GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC 
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186

About

Peru-Bosnia and Herzegovina Trade: In 2022, Peru exported $1.18M to Bosnia and Herzegovina. The main products that Peru exported to Bosnia and Herzegovina were Sowing Seeds ($365k), Light Rubberized Knitted Fabric ($221k), and Dried Legumes ($93.6k). Over the past 5 years the exports of Peru to Bosnia and Herzegovina have increased at an annualized rate of 2.72%, from $1.03M in 2017 to $1.18M in 2022.

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

Bosnia and Herzegovina-Peru Trade: In 2022, Bosnia and Herzegovina exported $1.42M to Peru. The main products that Bosnia and Herzegovina exported to Peru were Kraft Paper ($475k), Centrifuges ($240k), and Rubber Footwear ($207k). Over the past 5 years the exports of Bosnia and Herzegovina to Peru have decreased at an annualized rate of 6.78%,  from $2.02M in 2017 to $1.42M in 2022.

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

Comparison: In 2022,  Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). 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, Peru exported $1.18M to Bosnia and Herzegovina. The main products exported from Peru to Bosnia and Herzegovina were Sowing Seeds ($365k), Light Rubberized Knitted Fabric ($221k), and Dried Legumes ($93.6k). During the last 5 years the exports of Peru to Bosnia and Herzegovina have increased at an annualized rate of 2.72%, from $1.03M in 2017 to $1.18M in 2022.

In 2017, Bosnia and Herzegovina exported $1.42M to Peru. The main products exported from Bosnia and Herzegovina to Peru were Kraft Paper ($475k), Centrifuges ($240k), and Rubber Footwear ($207k). During the last 5 years the exports of Bosnia and Herzegovina to Peru have decreased at an annualized rate of 6.78%, from $2.02M in 2022 to $1.42M in 2017.

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

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

Latest Data

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

Peru Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Peru
Top Destination
China$17.6B
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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

In 2022, countries that imported more from Peru than Bosnia and Herzegovina included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

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

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

Comparative Advantage Peru - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Peru had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($751k), Textiles ($286k), and Machines ($50.4k).

During 2017, Bosnia and Herzegovina had a large net trade with Peru in the exports of Paper Goods ($476k), Machines ($301k), and Footwear and Headwear ($244k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru Bosnia and Herzegovina+$127kTropical Fruits
Top Product Potential Bosnia and Herzegovina Peru+$397kKraft Paper

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

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

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