2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC 
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

Bosnia and Herzegovina-Guinea Trade: In 2020, Bosnia and Herzegovina exported $3.55k to Guinea. The main products that Bosnia and Herzegovina exported to Guinea were N/A. Over the past 6 years the exports of Bosnia and Herzegovina to Guinea have increased at an annualized rate of 0.42%, from $3.46k in 2014 to $3.55k in 2020.

In 2020, Bosnia and Herzegovina did not export any services to Guinea.

Guinea-Bosnia and Herzegovina Trade: In 2020, Guinea exported $3.88M to Bosnia and Herzegovina. The main products that Guinea exported to Bosnia and Herzegovina were Aluminium Ore ($3.87M), Coffee ($6.95k), and Motor vehicles; parts and accessories (8701 to 8705) ($456). Over the past 6 years the exports of Guinea to Bosnia and Herzegovina have increased at an annualized rate of 596%,  from $238 in 2014 to $3.88M in 2020.

In 2020, Guinea did not export any services to Bosnia and Herzegovina.

Comparison: In 2022,  Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Bosnia and Herzegovina exported $3.55k to Guinea. There were not main exports from Bosnia and Herzegovina to Guinea in 2020. During the last 6 years the exports of Bosnia and Herzegovina to Guinea have increased at an annualized rate of 0.42%, from $3.46k in 2014 to $3.55k in 2020.

In 2017, Guinea exported $3.88M to Bosnia and Herzegovina. The main products exported from Guinea to Bosnia and Herzegovina were Aluminium Ore ($3.87M), Coffee ($6.95k), and Motor vehicles; parts and accessories (8701 to 8705) ($456). During the last 5 years the exports of Guinea to Bosnia and Herzegovina have increased at an annualized rate of 596%, from $238 in 2022 to $3.88M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Guinea
Top Destination
China$3.81B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Guinea included Croatia ($1.47B), Serbia ($1.35B), and Germany ($1.46B).

In 2022, countries that imported more from Guinea than Bosnia and Herzegovina included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

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

Comparative Advantage Bosnia and Herzegovina - Guinea

Flow
Scale

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

During 2020, Bosnia and Herzegovina had a large net trade with Guinea in the exports of .

During 2017, Guinea had a large net trade with Bosnia and Herzegovina in the exports of Mineral Products ($3.87M), Vegetable Products ($6.95k), and Transportation ($456).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Guinea+$1.88kIron Structures
Top Product Potential Guinea Bosnia and Herzegovina+$34.3kCoffee

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 Bosnia and Herzegovina and Guinea. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Bosnia and Herzegovina.

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

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