2022
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GDP
$906BCURRENT US$
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2012-2022
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GDP GROWTH
2.89%CURRENT US$
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2022
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 GDP
$24.5BCURRENT US$
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2012-2022
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GDP GROWTH
42.4%CURRENT US$
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2022
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GDP PC 
$10,616CURRENT US$
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2012-2022
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GDP PC GROWTH
-9.24%CURRENT US$
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2022
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GDP PC
$7,585CURRENT US$
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2012-2022
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GDP PC GROWTH
61.8%CURRENT US$
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About

In N/A, Turkey did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Turkey In N/A, Bosnia and Herzegovina exported $181M to Turkey. The main products that Bosnia and Herzegovina exported to Turkey were Scrap Iron ($47.9M), Explosive Ammunition ($17.5M), and Seats ($12.6M). During the last N/A years the exports of Bosnia and Herzegovina to Turkey have increased at an annualized rate of 31%, from $123k in N/A to $181M in N/A.

In 2019, Bosnia and Herzegovina exported services to Turkey worth $90.7M, with Travel ($71M), Transportation ($18.7M), and Communications services ($560k) being the largest in terms of value.

Comparison In 2022,  Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B). 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

Turkey does not register exports to Bosnia and Herzegovina. The main products exported from Turkey to Bosnia and Herzegovina were Aluminium Bars ($24.5M), Raw Aluminium ($20.7M), and Coated Flat-Rolled Iron ($19M).

In 2022, Bosnia and Herzegovina exported $181M to Turkey. The main products exported from Bosnia and Herzegovina to Turkey were Scrap Iron ($47.9M), Explosive Ammunition ($17.5M), and Seats ($12.6M). During the last 27 years the exports of Bosnia and Herzegovina to Turkey have increased at an annualized rate of 31%, from $123k in 1995 to $181M in 2022.

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

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

Latest Data

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

Turkey Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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

In 2021, countries that imported more from Turkey than Bosnia and Herzegovina were Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2021, countries that imported more from Bosnia and Herzegovina than Turkey were Croatia ($1.47B), Montenegro ($306M), and San Marino ($5.06M).

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

Comparative Advantage Turkey - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Turkey in the exports of Metals ($65.4M), Chemical Products ($25.1M), and Weapons ($17.5M).

Service Trade

Bilateral Service Trade

In 2019, Bosnia and Herzegovina exported services to Turkey worth $90.7M, with Travel ($71M), Transportation ($18.7M), and Communications services ($560k) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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