2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 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
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186

About

Bosnia and Herzegovina-Sri Lanka Trade: In 2022, Bosnia and Herzegovina exported $4.06M to Sri Lanka. The main products that Bosnia and Herzegovina exported to Sri Lanka were Kraft Paper ($3.78M), Carbonates ($141k), and Electrical Transformers ($108k). Over the past 5 years the exports of Bosnia and Herzegovina to Sri Lanka have increased at an annualized rate of 45.8%, from $617k in 2017 to $4.06M in 2022.

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

Sri Lanka-Bosnia and Herzegovina Trade: In 2022, Sri Lanka exported $1.78M to Bosnia and Herzegovina. The main products that Sri Lanka exported to Bosnia and Herzegovina were Knit Women's Suits ($143k), Knit T-shirts ($140k), and Non-Knit Men's Suits ($140k). Over the past 5 years the exports of Sri Lanka to Bosnia and Herzegovina have decreased at an annualized rate of 25%,  from $7.48M in 2017 to $1.78M in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $4.06M to Sri Lanka. The main products exported from Bosnia and Herzegovina to Sri Lanka were Kraft Paper ($3.78M), Carbonates ($141k), and Electrical Transformers ($108k). During the last 5 years the exports of Bosnia and Herzegovina to Sri Lanka have increased at an annualized rate of 45.8%, from $617k in 2017 to $4.06M in 2022.

In 2017, Sri Lanka exported $1.78M to Bosnia and Herzegovina. The main products exported from Sri Lanka to Bosnia and Herzegovina were Knit Women's Suits ($143k), Knit T-shirts ($140k), and Non-Knit Men's Suits ($140k). During the last 5 years the exports of Sri Lanka to Bosnia and Herzegovina have decreased at an annualized rate of 25%, from $7.48M in 2022 to $1.78M in 2017.

Exports from Bosnia and Herzegovina (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Sri Lanka (Flag)

Bosnia and Herzegovina Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Sri Lanka
Top Destination
United States$3.52B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Sri Lanka included Croatia ($1.47B), Serbia ($1.35B), and Austria ($942M).

In 2022, countries that imported more from Sri Lanka than Bosnia and Herzegovina included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

Difference in imports from Sri Lanka (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - Sri Lanka

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Sri Lanka in the exports of Paper Goods ($3.78M), Chemical Products ($141k), and Machines ($126k).

During 2017, Sri Lanka had a large net trade with Bosnia and Herzegovina in the exports of Textiles ($1.14M), Plastics and Rubbers ($273k), and Vegetable Products ($155k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Sri Lanka+$138kCarbonates
Top Product Potential Sri Lanka Bosnia and Herzegovina+$314kKnit T-shirts

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

Product Space of Bosnia and Herzegovina (Flag) and Sri Lanka (Flag) (2022)

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