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2022
Flag → Flag
Exports $17.6MRnk 101 / 208
2022
Flag → Flag
Top Product $3.88MCars
2022
Flag → Flag
Exports $31.3MRnk 32 / 162
2022
Flag → Flag
Top Product $20.3MRaw Aluminium
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
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Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
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GDP GROWTH16.5%CURRENT US$
Rnk 132 / 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
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
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GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$7,585CURRENT US$
Rnk 88 / 186
2012-2022
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GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

Portugal-Bosnia and Herzegovina Trade: In 2022, Portugal exported $17.6M to Bosnia and Herzegovina. The main products that Portugal exported to Bosnia and Herzegovina were Cars ($3.88M), Footwear Parts ($1.06M), and Other Synthetic Fabrics ($959k). Over the past 5 years the exports of Portugal to Bosnia and Herzegovina have decreased at an annualized rate of 2.2%, from $19.7M in 2017 to $17.6M in 2022.

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

Bosnia and Herzegovina-Portugal Trade: In 2022, Bosnia and Herzegovina exported $31.3M to Portugal. The main products that Bosnia and Herzegovina exported to Portugal were Raw Aluminium ($20.3M), Seats ($2.56M), and Aluminium Oxide ($1.42M). Over the past 5 years the exports of Bosnia and Herzegovina to Portugal have increased at an annualized rate of 61.4%,  from $2.86M in 2017 to $31.3M in 2022.

In 2019, Bosnia and Herzegovina exported services to Portugal worth $2.57M, with Travel ($2.35M) and Transportation ($224k) being the largest in terms of value.

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). 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

September, 2024

About

Overview In September 2024, Portugal exported €836k and imported €537k from Bosnia and Herzegovina, resulting in a positive trade balance of €299k. Between September 2023 and September 2024 the exports of Portugal have decreased by €-93.9k (-10.1%) from €930k to €836k, while imports increased by €35.1k (7%) from €502k to €537k.

Trade In September 2024, the top exports of Portugal to Bosnia and Herzegovina were Miscellaneous edible preparations (€52.9k), Leather articles (€41.2k), Coated, covered, & laminated fabrics for... (€25.1k), Electrical machinery and electronics (€23.4k), and Man-made staple fibres (€21k). In September 2024 the top imports of Portugal from Bosnia and Herzegovina were Inorganic chemicals (€643k), Plastics & articles thereof (€94.2k), Furniture, bedding, lamps, & prefab buildings (€89.1k), Aluminum articles (€47.7k), and Iron/Steel Articles (€45.7k).

Growth In September 2024, the decrease in Portugal's year-by-year exports to Bosnia and Herzegovina was explained primarily by an decrease in product exports in Rubber & articles thereof (€-40.3k or -100%), Ceramic products (€-37.1k or -100%), and Fish, Crustaceans & Molluscs (€-35.5k or -69.3%). In September 2024, the increase in Portugal's year-by-year imports  from Bosnia and Herzegovina was explained primarily by an increase in product imports  in Furniture, bedding, lamps, & prefab buildings (€56.8k or 176%), Plastics & articles thereof (€45.6k or 93.8%), and Footwear (€1.88k or 4.73%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (September 2023 - September 2024)€-93.9k(-10.1%)
IMPORT GROWTH (September 2023 - September 2024)€35.1k(7%)

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

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

For full datasets download visit Bulk Download page.

Explore Bosnia and Herzegovina and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $17.6M to Bosnia and Herzegovina. The main products exported from Portugal to Bosnia and Herzegovina were Cars ($3.88M), Footwear Parts ($1.06M), and Other Synthetic Fabrics ($959k). During the last 5 years the exports of Portugal to Bosnia and Herzegovina have decreased at an annualized rate of 2.2%, from $19.7M in 2017 to $17.6M in 2022.

In 2017, Bosnia and Herzegovina exported $31.3M to Portugal. The main products exported from Bosnia and Herzegovina to Portugal were Raw Aluminium ($20.3M), Seats ($2.56M), and Aluminium Oxide ($1.42M). During the last 5 years the exports of Bosnia and Herzegovina to Portugal have increased at an annualized rate of 61.4%, from $2.86M in 2022 to $31.3M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2022, countries that imported more from Portugal than Bosnia and Herzegovina included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Bosnia and Herzegovina than Portugal included Croatia ($1.47B), Serbia ($1.35B), and Slovenia ($811M).

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

Comparative Advantage Portugal - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Portugal had a large net trade with Bosnia and Herzegovina in the exports of Transportation ($4.18M), Textiles ($4.01M), and Footwear and Headwear ($2.09M).

During 2017, Bosnia and Herzegovina had a large net trade with Portugal in the exports of Metals ($20.8M), Miscellaneous ($2.56M), and Wood Products ($2.11M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Bosnia and Herzegovina+$3.27MCars
Top Product Potential Bosnia and Herzegovina Portugal+$1.85MSeats

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 Portugal worth $2.57M, with Travel ($2.35M) 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 Portugal (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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