2022
Flag  
GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 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
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 186

About

Bosnia and Herzegovina-Poland Trade: In 2022, Bosnia and Herzegovina exported $188M to Poland. The main products that Bosnia and Herzegovina exported to Poland were Raw Aluminium ($45.3M), Hydrogen ($17.1M), and Zinc Ore ($14.6M). Over the past 5 years the exports of Bosnia and Herzegovina to Poland have increased at an annualized rate of 14.5%, from $95.5M in 2017 to $188M in 2022.

In 2019, Bosnia and Herzegovina exported services to Poland worth $48.8M, with Travel ($37.5M), Transportation ($10.5M), and Communications services ($560k) being the largest in terms of value.

Poland-Bosnia and Herzegovina Trade: In 2022, Poland exported $392M to Bosnia and Herzegovina. The main products that Poland exported to Bosnia and Herzegovina were Coke ($20.9M), Other Furniture ($14.1M), and Monofilament ($13.2M). Over the past 5 years the exports of Poland to Bosnia and Herzegovina have increased at an annualized rate of 5.36%,  from $302M in 2017 to $392M in 2022.

In 2022, Poland 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, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $188M to Poland. The main products exported from Bosnia and Herzegovina to Poland were Raw Aluminium ($45.3M), Hydrogen ($17.1M), and Zinc Ore ($14.6M). During the last 5 years the exports of Bosnia and Herzegovina to Poland have increased at an annualized rate of 14.5%, from $95.5M in 2017 to $188M in 2022.

In 2017, Poland exported $392M to Bosnia and Herzegovina. The main products exported from Poland to Bosnia and Herzegovina were Coke ($20.9M), Other Furniture ($14.1M), and Monofilament ($13.2M). During the last 5 years the exports of Poland to Bosnia and Herzegovina have increased at an annualized rate of 5.36%, from $302M in 2022 to $392M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Poland Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
Poland
Top Destination
Germany$93.1B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Poland included Montenegro ($306M), Syria ($6.5M), and Turks and Caicos Islands ($14.3k).

In 2022, countries that imported more from Poland than Bosnia and Herzegovina included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

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

Comparative Advantage Bosnia and Herzegovina - Poland

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Poland in the exports of Metals ($48.7M), Chemical Products ($45.5M), and Mineral Products ($19.4M).

During 2017, Poland had a large net trade with Bosnia and Herzegovina in the exports of Machines ($52.6M), Metals ($49.3M), and Plastics and Rubbers ($39.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Poland+$7.37MSeats
Top Product Potential Poland Bosnia and Herzegovina+$4.99MMotor vehicles; parts and accessories (8701 to 8705)

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

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

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