2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 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
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Bosnia and Herzegovina-Netherlands Trade: In 2022, Bosnia and Herzegovina exported $231M to Netherlands. The main products that Bosnia and Herzegovina exported to Netherlands were Plastic Building Materials ($36.1M), Medical Instruments ($21.6M), and Other Furniture ($21.6M). Over the past 5 years the exports of Bosnia and Herzegovina to Netherlands have increased at an annualized rate of 8.75%, from $152M in 2017 to $231M in 2022.

In 2019, Bosnia and Herzegovina exported services to Netherlands worth $47.5M, with Travel ($25.7M), Transportation ($20.9M), and Communications services ($784k) being the largest in terms of value.

Netherlands-Bosnia and Herzegovina Trade: In 2022, Netherlands exported $222M to Bosnia and Herzegovina. The main products that Netherlands exported to Bosnia and Herzegovina were Bovine Meat ($40.5M), Packaged Medicaments ($9.64M), and Amino-resins ($7.57M). Over the past 5 years the exports of Netherlands to Bosnia and Herzegovina have increased at an annualized rate of 2.97%,  from $176M in 2017 to $222M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Latest Data

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

Bosnia and Herzegovina Exports

Netherlands Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Netherlands
Top Destination
Germany$131B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Netherlands included Serbia ($1.35B), Montenegro ($306M), and Croatia ($1.47B).

In 2022, countries that imported more from Netherlands than Bosnia and Herzegovina included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Netherlands+$9.33MOther Furniture
Top Product Potential Netherlands Bosnia and Herzegovina+$7.01MPackaged Medicaments

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

Product Space of Bosnia and Herzegovina (Flag) and Netherlands (Flag) (NaN)

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