2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
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GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
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GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
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GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186

About

Germany-Bosnia and Herzegovina In 2022, Germany exported $1.33B to Bosnia and Herzegovina. The main products that Germany exported to Bosnia and Herzegovina are Cars ($92.3M), Motor vehicles; parts and accessories (8701 to 8705) ($38M), and Packaged Medicaments ($37.2M). During the last 27 years the exports of Germany to Bosnia and Herzegovina have increased at an annualized rate of 12%, from $62.3M in 1995 to $1.33B in 2022.

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

Bosnia and Herzegovina-Germany In 2022, Bosnia and Herzegovina exported $1.46B to Germany. The main products that Bosnia and Herzegovina exported to Germany were Seats ($98.1M), Other Furniture ($77M), and Aluminium Bars ($52.3M). During the last 27 years the exports of Bosnia and Herzegovina to Germany have increased at an annualized rate of 19.3%, from $12.3M in 1995 to $1.46B in 2022.

In 2019, Bosnia and Herzegovina exported services to Germany worth $163M, with Transportation ($92.1M), Travel ($59.4M), and Communications services ($11.4M) being the largest in terms of value.

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). 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
Value

In 2022, Germany exported $1.33B to Bosnia and Herzegovina. The main products exported from Germany to Bosnia and Herzegovina were Cars ($92.3M), Motor vehicles; parts and accessories (8701 to 8705) ($38M), and Packaged Medicaments ($37.2M). During the last 27 years the exports of Germany to Bosnia and Herzegovina have increased at an annualized rate of 12%, from $62.3M in 1995 to $1.33B in 2022.

In 2022, Bosnia and Herzegovina exported $1.46B to Germany. The main products exported from Bosnia and Herzegovina to Germany were Seats ($98.1M), Other Furniture ($77M), and Aluminium Bars ($52.3M). During the last 27 years the exports of Bosnia and Herzegovina to Germany have increased at an annualized rate of 19.3%, from $12.3M in 1995 to $1.46B in 2022.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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

In 2021, countries that imported more from Germany than Bosnia and Herzegovina were United States ($153B), France ($120B), and China ($109B).

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

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

Comparative Advantage Germany - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Germany had a large net trade with Bosnia and Herzegovina in the exports of Machines ($232M), Transportation ($196M), and Plastics and Rubbers ($178M).

During 2022, Bosnia and Herzegovina had a large net trade with Germany in the exports of Metals ($324M), Machines ($269M), and Miscellaneous ($240M).

Service Trade

Bilateral Service Trade

In 2019, Bosnia and Herzegovina exported services to Germany worth $163M, with Transportation ($92.1M), Travel ($59.4M), and Communications services ($11.4M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Economic Complexity

Competitive Landscape

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 Germany has comparative advantage over Bosnia and Herzegovina. Similarly, the more yellow a dot/product is, the more Bosnia and Herzegovina has comparative advantage over Germany.

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

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