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2022
Flag → Flag
Exports $494MRnk 104 / 219
2022
Flag → Flag
Top Product $378MCoal Briquettes
2022
Flag → Flag
Exports $149MRnk 14 / 162
2022
Flag → Flag
Top Product $28.8MExplosive Ammunition
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
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Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
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GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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 $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 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

United States-Bosnia and Herzegovina Trade: In 2022, United States exported $494M to Bosnia and Herzegovina. The main products that United States exported to Bosnia and Herzegovina were Coal Briquettes ($378M), Cars ($7.81M), and Vaccines, blood, antisera, toxins and cultures ($7.72M). Over the past 5 years the exports of United States to Bosnia and Herzegovina have increased at an annualized rate of 8.88%, from $323M in 2017 to $494M in 2022.

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

Bosnia and Herzegovina-United States Trade: In 2022, Bosnia and Herzegovina exported $149M to United States. The main products that Bosnia and Herzegovina exported to United States were Explosive Ammunition ($28.8M), Mattresses ($20.7M), and Rubber Footwear ($15.7M). Over the past 5 years the exports of Bosnia and Herzegovina to United States have increased at an annualized rate of 7.27%,  from $91.1M in 2017 to $149M in 2022.

In 2019, Bosnia and Herzegovina exported services to United States worth $35.7M, with Travel ($32M) and Transportation ($3.69M) being the largest in terms of value.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Company data: In 2023, leading companies such as IKEA Group (34) and Mahle Behr (7) were at the forefront of exporting goods from Bosnia and Herzegovina to the United States. Conversely, Other (41) were notable for importing products to Bosnia and Herzegovina from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $5.69M and imported $19.7M from Bosnia and Herzegovina, resulting in a negative trade balance of $14M. Between August 2023 and August 2024 the exports of United States have increased by $4.23M (289%) from $1.46M to $5.69M, while imports increased by $7.01M (55%) from $12.7M to $19.7M.

Trade In August 2024, the top exports of United States to Bosnia and Herzegovina were Broadcasting Accessories ($605k), Engine Parts ($129k), Machinery Having Individual Functions ($127k), Computers ($80.2k), and Tractors ($62.5k). In August 2024 the top imports of United States from Bosnia and Herzegovina were Explosive Ammunition ($2.52M), Rubber Footwear ($991k), Other Furniture ($640k), Detonating Fuses ($578k), and Centrifuges ($556k).

Origins In August 2024 the exports of United States were mainly from California ($3.76M), Florida ($1.08M), Pennsylvania ($176k), Missouri ($167k), and New York ($111k), while imports destinations were mainly Virginia ($3.46M), Oregon ($2.49M), Connecticut ($1.62M), Texas ($1.23M), and New Jersey ($1.12M).

Growth In August 2024, the increase in United States's year-by-year exports to Bosnia and Herzegovina was explained primarily by an increase in product exports in Computers ($61k or 318%), Tractors ($42k or 205%), and Cars ($17.6k or 53.3%). In August 2024, the increase in United States's year-by-year imports  from Bosnia and Herzegovina was explained primarily by an increase in product imports  in Textile Footwear ($338k or 248%), Centrifuges ($302k or 119%), and Prepr binder for foundry ($236k or 416%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$4.23M(289%)
IMPORT GROWTH (August 2023 - August 2024)$7.01M(55%)
MAIN EXPORTER (August 2024)California$3.76M

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

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

For full datasets download visit Bulk Download page.

Explore Bosnia and Herzegovina and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $494M to Bosnia and Herzegovina. The main products exported from United States to Bosnia and Herzegovina were Coal Briquettes ($378M), Cars ($7.81M), and Vaccines, blood, antisera, toxins and cultures ($7.72M). During the last 5 years the exports of United States to Bosnia and Herzegovina have increased at an annualized rate of 8.88%, from $323M in 2017 to $494M in 2022.

In 2017, Bosnia and Herzegovina exported $149M to United States. The main products exported from Bosnia and Herzegovina to United States were Explosive Ammunition ($28.8M), Mattresses ($20.7M), and Rubber Footwear ($15.7M). During the last 5 years the exports of Bosnia and Herzegovina to United States have increased at an annualized rate of 7.27%, from $91.1M in 2022 to $149M in 2017.

Exports from United States (Flag) to Bosnia and Herzegovina (Flag) (2022)

Exports from Bosnia and Herzegovina (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2022, countries that imported more from United States than Bosnia and Herzegovina included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Bosnia and Herzegovina than United States included Serbia ($1.35B), Montenegro ($306M), and Slovenia ($811M).

Difference in imports from Bosnia and Herzegovina (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Bosnia and Herzegovina

Flow
Scale

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

During 2022, United States had a large net trade with Bosnia and Herzegovina in the exports of Mineral Products ($379M), Machines ($28.1M), and Chemical Products ($17.2M).

During 2017, Bosnia and Herzegovina had a large net trade with United States in the exports of Weapons ($34.9M), Miscellaneous ($33.3M), and Footwear and Headwear ($17.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Bosnia and Herzegovina+$11.2MCars
Top Product Potential Bosnia and Herzegovina United States+$13.6MOther Furniture

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 United States worth $35.7M, with Travel ($32M) and Transportation ($3.69M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina (Flag) to United States (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Bosnia and Herzegovina (Flag) (2022)

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