Austria (AUT) and Bosnia and Herzegovina (BIH) Trade | The Observatory of Economic Complexity

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Austria-Bosnia and Herzegovina In 2022, Austria exported $618M to Bosnia and Herzegovina. The main products that Austria exported to Bosnia and Herzegovina are Electric Motor Parts ($43.2M), Tanned Equine and Bovine Hides ($27.6M), and Other Tin Products ($25M). During the last 27 years the exports of Austria to Bosnia and Herzegovina have increased at an annualized rate of 14.4%, from $16.2M in 1995 to $618M in 2022.

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

Bosnia and Herzegovina-Austria In 2022, Bosnia and Herzegovina exported $942M to Austria. The main products that Bosnia and Herzegovina exported to Austria were Insulated Wire ($130M), Electric Motor Parts ($74.9M), and Iron Structures ($67.2M). During the last 27 years the exports of Bosnia and Herzegovina to Austria have increased at an annualized rate of 33.1%, from $421k in 1995 to $942M in 2022.

In 2019, Bosnia and Herzegovina exported services to Austria worth $107M, with Transportation ($55.9M), Travel ($46M), and Communications services ($4.7M) being the largest in terms of value.

Comparison In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B). That same year, Bosnia and Herzegovina ranked 36 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Austria exported $618M to Bosnia and Herzegovina. The main products exported from Austria to Bosnia and Herzegovina were Electric Motor Parts ($43.2M), Tanned Equine and Bovine Hides ($27.6M), and Other Tin Products ($25M). During the last 27 years the exports of Austria to Bosnia and Herzegovina have increased at an annualized rate of 14.4%, from $16.2M in 1995 to $618M in 2022.

In 2022, Bosnia and Herzegovina exported $942M to Austria. The main products exported from Bosnia and Herzegovina to Austria were Insulated Wire ($130M), Electric Motor Parts ($74.9M), and Iron Structures ($67.2M). During the last 27 years the exports of Bosnia and Herzegovina to Austria have increased at an annualized rate of 33.1%, from $421k in 1995 to $942M in 2022.

Exports from Austria () to Bosnia and Herzegovina () (2022)

Exports from Bosnia and Herzegovina () to Austria () (2022)

Latest Data

Trade between Austria () and Bosnia and Herzegovina ()

Austria Exports

Date

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2021, countries that imported more from Austria than Bosnia and Herzegovina were Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2021, countries that imported more from Bosnia and Herzegovina than Austria were Montenegro ($306M), Serbia ($1.35B), and North Korea ($97.7k).

Difference in imports from Bosnia and Herzegovina () and Austria () (2022)

Comparative Advantage Austria - Bosnia and Herzegovina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Bosnia and Herzegovina in the exports of Metals ($159M), Machines ($158M), and Plastics and Rubbers ($49.3M).

During 2022, Bosnia and Herzegovina had a large net trade with Austria in the exports of Machines ($382M), Metals ($205M), and Miscellaneous ($52.1M).

Service Trade

Bilateral Service Trade

Bih Year

In 2019, Bosnia and Herzegovina exported services to Austria worth $107M, with Transportation ($55.9M), Travel ($46M), and Communications services ($4.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina () to Austria () (2019)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Austria has comparative advantage over Bosnia and Herzegovina. Similarly, the more yellow a dot/product is, the more Bosnia and Herzegovina has comparative advantage over Austria.

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to Bosnia and Herzegovina () (2022)

Exports from Bosnia and Herzegovina () to Austria () (2022)

Latest Data

Trade between Austria () and Bosnia and Herzegovina ()

Austria Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Difference in imports from Bosnia and Herzegovina () and Austria () (2022)

Comparative Advantage Austria - Bosnia and Herzegovina

Service Trade

Bilateral Service Trade

Services Exports from Bosnia and Herzegovina () to Austria () (2019)

Economic Complexity

Competitive Landscape

Product Space of Austria () and Bosnia and Herzegovina () (2022)

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