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Pricing

2022
Flag → Flag
Exports $3.28MRnk 114 / 205
2022
Flag → Flag
Top Product $1.4MOffice Machine Parts
2022
Flag → Flag
Exports $7.72MRnk 46 / 162
2022
Flag → Flag
Top Product $5.93MSeed Oils
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

Philippines-Bosnia and Herzegovina Trade: In 2022, Philippines exported $3.28M to Bosnia and Herzegovina. The main products that Philippines exported to Bosnia and Herzegovina were Office Machine Parts ($1.4M), Electric Heaters ($308k), and Electrical Transformers ($291k). Over the past 5 years the exports of Philippines to Bosnia and Herzegovina have increased at an annualized rate of 9.64%, from $2.07M in 2017 to $3.28M in 2022.

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

Bosnia and Herzegovina-Philippines Trade: In 2022, Bosnia and Herzegovina exported $7.72M to Philippines. The main products that Bosnia and Herzegovina exported to Philippines were Seed Oils ($5.93M), Soybean Oil ($917k), and Detonating Fuses ($396k). Over the past 5 years the exports of Bosnia and Herzegovina to Philippines have increased at an annualized rate of 44%,  from $1.25M in 2017 to $7.72M in 2022.

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

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Latest Trends

May, 2024

About

Overview In May 2024, Philippines exported $39.1k and imported $173k from Bosnia and Herzegovina, resulting in a negative trade balance of $134k. Between May 2023 and May 2024 the exports of Philippines have increased by $39k (39k%) from $100 to $39.1k, while imports decreased by $-2.2M (-92.7%) from $2.38M to $173k.

Trade In May 2024, the top exports of Philippines to Bosnia and Herzegovina were Telephones ($1.62k). In May 2024 the top imports of Philippines from Bosnia and Herzegovina were Seed Oils ($516k), Traffic Signals ($6.97k), Iron Fasteners ($2.93k), Telephones ($2.02k), and Motor vehicles; parts and accessories (8701... ($1.86k).

Growth In May 2024, the increase in Philippines's year-by-year exports to Bosnia and Herzegovina was explained primarily by an increase in product exports in . In June 2024, the decrease in Philippines's year-by-year imports  from Bosnia and Herzegovina was explained primarily by an decrease in product imports  in Seed Oils ($-229k or -30.7%) and Centrifuges ($-1.32k or -69.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (May 2023 - May 2024)$39k(39k%)
IMPORT GROWTH (June 2023 - June 2024)$-2.2M(-92.7%)

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

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

For full datasets download visit Bulk Download page.

Explore Bosnia and Herzegovina and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $3.28M to Bosnia and Herzegovina. The main products exported from Philippines to Bosnia and Herzegovina were Office Machine Parts ($1.4M), Electric Heaters ($308k), and Electrical Transformers ($291k). During the last 5 years the exports of Philippines to Bosnia and Herzegovina have increased at an annualized rate of 9.64%, from $2.07M in 2017 to $3.28M in 2022.

In 2017, Bosnia and Herzegovina exported $7.72M to Philippines. The main products exported from Bosnia and Herzegovina to Philippines were Seed Oils ($5.93M), Soybean Oil ($917k), and Detonating Fuses ($396k). During the last 5 years the exports of Bosnia and Herzegovina to Philippines have increased at an annualized rate of 44%, from $1.25M in 2022 to $7.72M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2022, countries that imported more from Philippines than Bosnia and Herzegovina included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Bosnia and Herzegovina than Philippines included Croatia ($1.47B), Serbia ($1.35B), and Slovenia ($811M).

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

Comparative Advantage Philippines - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Philippines had a large net trade with Bosnia and Herzegovina in the exports of Machines ($2.35M), Instruments ($357k), and Textiles ($182k).

During 2017, Bosnia and Herzegovina had a large net trade with Philippines in the exports of Animal and Vegetable Bi-Products ($6.85M), Chemical Products ($396k), and Machines ($310k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Bosnia and Herzegovina+$927kIndustrial Printers
Top Product Potential Bosnia and Herzegovina Philippines+$143kDetonating Fuses

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 Philippines and Bosnia and Herzegovina. This means that a dot/product with the flag of Philippines 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 Philippines.

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

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