Bosnia and Herzegovina (BIH) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Bosnia and Herzegovina-Italy In 2022, Bosnia and Herzegovina exported $1.07B to Italy. The main products that Bosnia and Herzegovina exported to Italy are Raw Aluminium ($244M), Leather Footwear ($55.8M), and Footwear Parts ($52.1M). During the last 27 years the exports of Bosnia and Herzegovina to Italy have increased at an annualized rate of 16.8%, from $16M in 1995 to $1.07B in 2022.

In 2019, Bosnia and Herzegovina exported services to Italy worth $113M, with Travel ($56.4M), Transportation ($56.1M), and Personal, cultural, and recreational services ($112k) being the largest in terms of value.

Italy-Bosnia and Herzegovina In 2022, Italy exported $1.26B to Bosnia and Herzegovina. The main products that Italy exported to Bosnia and Herzegovina were Refined Petroleum ($154M), Footwear Parts ($64M), and Copper Wire ($53.9M). During the last 27 years the exports of Italy to Bosnia and Herzegovina have increased at an annualized rate of 11.4%, from $69.1M in 1995 to $1.26B in 2022.

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

Comparison In 2022, Bosnia and Herzegovina ranked 36 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bosnia and Herzegovina exported $1.07B to Italy. The main products exported from Bosnia and Herzegovina to Italy were Raw Aluminium ($244M), Leather Footwear ($55.8M), and Footwear Parts ($52.1M). During the last 27 years the exports of Bosnia and Herzegovina to Italy have increased at an annualized rate of 16.8%, from $16M in 1995 to $1.07B in 2022.

In 2022, Italy exported $1.26B to Bosnia and Herzegovina. The main products exported from Italy to Bosnia and Herzegovina were Refined Petroleum ($154M), Footwear Parts ($64M), and Copper Wire ($53.9M). During the last 27 years the exports of Italy to Bosnia and Herzegovina have increased at an annualized rate of 11.4%, from $69.1M in 1995 to $1.26B in 2022.

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

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

Latest Data

Trade between Bosnia and Herzegovina () and Italy ()

Bosnia and Herzegovina Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

Italy
Top DestinationGermany$78.5B

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

In 2019, no countries were registered that imported more from Bosnia and Herzegovina than from Italy.

In 2021, countries that imported more from Italy than Bosnia and Herzegovina were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Bosnia and Herzegovina - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bosnia and Herzegovina had a large net trade with Italy in the exports of Metals ($372M), Footwear and Headwear ($166M), and Chemical Products ($115M).

During 2022, Italy had a large net trade with Bosnia and Herzegovina in the exports of Metals ($266M), Mineral Products ($163M), and Machines ($148M).

Service Trade

Bilateral Service Trade

Bih Year

In 2019, Bosnia and Herzegovina exported services to Italy worth $113M, with Travel ($56.4M), Transportation ($56.1M), and Personal, cultural, and recreational services ($112k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina () to Italy () (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 Bosnia and Herzegovina has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over Bosnia and Herzegovina.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Bosnia and Herzegovina () and Italy ()

Bosnia and Herzegovina Exports

Italy Exports

Market Competitiveness

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

Comparative Advantage Bosnia and Herzegovina - Italy

Service Trade

Bilateral Service Trade

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

Economic Complexity

Competitive Landscape

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

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