Romania (ROU) and Bosnia and Herzegovina (BIH) Trade | The Observatory of Economic Complexity

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Romania-Bosnia and Herzegovina Trade: In 2022, Romania exported $153M to Bosnia and Herzegovina. The main products that Romania exported to Bosnia and Herzegovina were Sodium or Potassium Peroxides ($14.4M), Cars ($9.94M), and Processed Tobacco ($7.63M). Over the past 5 years the exports of Romania to Bosnia and Herzegovina have increased at an annualized rate of 7.45%, from $107M in 2017 to $153M in 2022.

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

Bosnia and Herzegovina-Romania Trade: In 2022, Bosnia and Herzegovina exported $99.6M to Romania. The main products that Bosnia and Herzegovina exported to Romania were Hot-Rolled Iron Bars ($23.1M), Processed Crustaceans ($6.93M), and Footwear Parts ($6.8M). Over the past 5 years the exports of Bosnia and Herzegovina to Romania have decreased at an annualized rate of 0.087%, from $100M in 2017 to $99.6M in 2022.

In 2019, Bosnia and Herzegovina exported services to Romania worth $9.18M, with Travel ($5.49M), Transportation ($3.47M), and Communications services ($224k) being the largest in terms of value.

Comparison: In 2022, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Romania exported $153M to Bosnia and Herzegovina. The main products exported from Romania to Bosnia and Herzegovina were Sodium or Potassium Peroxides ($14.4M), Cars ($9.94M), and Processed Tobacco ($7.63M). During the last 5 years the exports of Romania to Bosnia and Herzegovina have increased at an annualized rate of 7.45%, from $107M in 2017 to $153M in 2022.

In 2017, Bosnia and Herzegovina exported $99.6M to Romania. The main products exported from Bosnia and Herzegovina to Romania were Hot-Rolled Iron Bars ($23.1M), Processed Crustaceans ($6.93M), and Footwear Parts ($6.8M). During the last 5 years the exports of Bosnia and Herzegovina to Romania have decreased at an annualized rate of 0.087%, from $100M in 2022 to $99.6M in 2017.

Exports from Romania () to Bosnia and Herzegovina () (2022)

Exports from Bosnia and Herzegovina () to Romania () (2022)

Latest Data

Trade between Romania () and Bosnia and Herzegovina ()

Romania Exports

Date

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2022, countries that imported more from Romania than Bosnia and Herzegovina included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2022, countries that imported more from Bosnia and Herzegovina than Romania included Croatia ($1.47B), Montenegro ($306M), and Slovenia ($811M).

Difference in imports from Bosnia and Herzegovina () and Romania () (2022)

Comparative Advantage Romania - Bosnia and Herzegovina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Bosnia and Herzegovina in the exports of Chemical Products ($25.1M), Foodstuffs ($22.7M), and Metals ($20.2M).

During 2017, Bosnia and Herzegovina had a large net trade with Romania in the exports of Metals ($39.4M), Machines ($11.2M), and Miscellaneous ($10.2M).

Bilateral Service Trade

Bih Year

In 2019, Bosnia and Herzegovina exported services to Romania worth $9.18M, with Travel ($5.49M), Transportation ($3.47M), and Communications services ($224k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina () to Romania () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Romania () to Bosnia and Herzegovina () (2022)

Exports from Bosnia and Herzegovina () to Romania () (2022)

Latest Data

Trade between Romania () and Bosnia and Herzegovina ()

Romania Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Difference in imports from Bosnia and Herzegovina () and Romania () (2022)

Comparative Advantage Romania - Bosnia and Herzegovina

Bilateral Service Trade

Services Exports from Bosnia and Herzegovina () to Romania () (2019)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Romania () and Bosnia and Herzegovina () (2022)

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