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Pricing

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

About

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.

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 4.27%,  from $2.07M in 2017 to $3.28M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $7.72M in 2022.

In 2017, 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 4.27%, from $2.07M in 2022 to $3.28M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Philippines Exports

Market Competitiveness

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

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

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

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).

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

Comparative Advantage Bosnia and Herzegovina - Philippines

Flow
Scale

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

During 2022, 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).

During 2017, Philippines had a large net trade with Bosnia and Herzegovina in the exports of Machines ($2.35M), Instruments ($357k), and Textiles ($182k).

Potential Exports

Potential Exports

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

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

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

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