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Pricing

2022
Flag → Flag
Exports $62.1kRnk 130 / 162
2022
Flag → Flag
Top Product $61.1kVideo and Card Games
2022
Flag → Flag
Exports $117Rnk 83 / 86
2022
Flag → Flag
Top Product $117Valves
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC $7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

Bosnia and Herzegovina-Liberia Trade: In 2022, Bosnia and Herzegovina exported $62.1k to Liberia. The main products that Bosnia and Herzegovina exported to Liberia were Video and Card Games ($61.1k), Broadcasting Accessories ($766), and Other Electrical Machinery ($144). Over the past 8 years the exports of Bosnia and Herzegovina to Liberia have decreased at an annualized rate of 5.79%, from $100k in 2014 to $62.1k in 2022.

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

Liberia-Bosnia and Herzegovina Trade: In 2022, Liberia exported $117 to Bosnia and Herzegovina. The main products that Liberia exported to Bosnia and Herzegovina were Valves ($117). Over the past 8 years the exports of Liberia to Bosnia and Herzegovina have decreased at an annualized rate of 26.7%,  from $755 in 2014 to $117 in 2022.

In 2022, Liberia 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, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $62.1k to Liberia. The main products exported from Bosnia and Herzegovina to Liberia were Video and Card Games ($61.1k), Broadcasting Accessories ($766), and Other Electrical Machinery ($144). During the last 8 years the exports of Bosnia and Herzegovina to Liberia have decreased at an annualized rate of 5.79%, from $100k in 2014 to $62.1k in 2022.

In 2017, Liberia exported $117 to Bosnia and Herzegovina. The main products exported from Liberia to Bosnia and Herzegovina were Valves ($117). During the last 5 years the exports of Liberia to Bosnia and Herzegovina have decreased at an annualized rate of 26.7%, from $755 in 2022 to $117 in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationCroatia$1.47B
Liberia
Top DestinationSwitzerland$544M

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

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

In 2022, countries that imported more from Liberia than Bosnia and Herzegovina included Switzerland ($544M), Lebanon ($106M), and United Kingdom ($148M).

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

Comparative Advantage Bosnia and Herzegovina - Liberia

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Liberia in the exports of Miscellaneous ($61.1k) and Machines ($1.01k).

During 2017, Liberia had a large net trade with Bosnia and Herzegovina in the exports of Machines ($117).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Liberia+$2.11kRefined Petroleum
Top Product Potential Liberia Bosnia and Herzegovina+$2.68kRefined Petroleum

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

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

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