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2022
Flag → Flag
Exports $222MRnk 93 / 224
2022
Flag → Flag
Top Product $40.5MBovine Meat
2022
Flag → Flag
Exports $231MRnk 8 / 162
2022
Flag → Flag
Top Product $36.1MPlastic Building Materials
2022
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Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
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Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
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GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
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 GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
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GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
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GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
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GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
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GDP PC$7,585CURRENT US$
Rnk 88 / 186
2012-2022
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GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

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 4.79%, from $176M in 2017 to $222M in 2022.

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

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.

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

October, 2022

About

Overview In October 2022, Netherlands exported €11M and imported €10M from Bosnia and Herzegovina, resulting in a positive trade balance of €1M. Between October 2021 and October 2022 the exports of Netherlands have increased by €4M (57.1%) from €7M to €11M, while imports increased by €3M (42.9%) from €7M to €10M.

Trade In October 2022, the top exports of Netherlands to Bosnia and Herzegovina were Meat of bovine animals, fresh, chilled... (€2M), Vegetables, fresh, chilled, frozen or simply... (€1M), Crude vegetable materials, n.e.s. (€1M), Polyacetals, other polyethers and epoxide resins,... (€1M), and Electrodiagnostic apparatus for medical, surgical, dental... (€1M). In October 2022 the top imports of Netherlands from Bosnia and Herzegovina were Wood manufactures, n.e.s. (€1M), Furniture and parts thereof; bedding, mattresses,... (€1M), and Articles, n.e.s., of plastics (€1M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to Bosnia and Herzegovina was explained primarily by an increase in product exports in . In October 2022, the increase in Netherlands's year-by-year imports  from Bosnia and Herzegovina was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2021 - October 2022)€4M(57.1%)
IMPORT GROWTH (October 2021 - October 2022)€3M(42.9%)

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

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

For full datasets download visit Bulk Download page.

Explore Bosnia and Herzegovina and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $222M to Bosnia and Herzegovina. The main products exported from Netherlands to Bosnia and Herzegovina were Bovine Meat ($40.5M), Packaged Medicaments ($9.64M), and Amino-resins ($7.57M). During the last 5 years the exports of Netherlands to Bosnia and Herzegovina have increased at an annualized rate of 4.79%, from $176M in 2017 to $222M in 2022.

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

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

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

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

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

Comparative Advantage Netherlands - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Netherlands had a large net trade with Bosnia and Herzegovina in the exports of Animal Products ($48M), Machines ($34.6M), and Chemical Products ($27.4M).

During 2017, Bosnia and Herzegovina had a large net trade with Netherlands in the exports of Miscellaneous ($50.9M), Plastics and Rubbers ($46.6M), and Machines ($25.4M).

Potential Exports

Potential Exports

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

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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Bilateral Service Trade

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.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina (Flag) to Netherlands (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Netherlands and Bosnia and Herzegovina. This means that a dot/product with the flag of Netherlands 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 Netherlands.

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

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