Denmark (DNK) and Bosnia and Herzegovina (BIH) Trade | The Observatory of Economic Complexity

About

Denmark-Bosnia and Herzegovina In 2022, Denmark exported $52.3M to Bosnia and Herzegovina. The main products that Denmark exported to Bosnia and Herzegovina are Packaged Medicaments ($14.2M), Pig Meat ($8.36M), and Cellulose Fibers Paper ($1.76M). During the last 27 years the exports of Denmark to Bosnia and Herzegovina have increased at an annualized rate of 11%, from $3.12M in 1995 to $52.3M in 2022.

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

Bosnia and Herzegovina-Denmark In 2022, Bosnia and Herzegovina exported $32.1M to Denmark. The main products that Bosnia and Herzegovina exported to Denmark were Other Furniture ($9.5M), Iron Structures ($5.97M), and Seats ($3.1M). During the last 27 years the exports of Bosnia and Herzegovina to Denmark have increased at an annualized rate of 39.4%, from $4.12k in 1995 to $32.1M in 2022.

In 2019, Bosnia and Herzegovina exported services to Denmark worth $10.6M, with Travel ($7.28M) and Transportation ($3.36M) being the largest in terms of value.

Comparison In 2022, Denmark ranked 23 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). 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, Denmark exported $52.3M to Bosnia and Herzegovina. The main products exported from Denmark to Bosnia and Herzegovina were Packaged Medicaments ($14.2M), Pig Meat ($8.36M), and Cellulose Fibers Paper ($1.76M). During the last 27 years the exports of Denmark to Bosnia and Herzegovina have increased at an annualized rate of 11%, from $3.12M in 1995 to $52.3M in 2022.

In 2022, Bosnia and Herzegovina exported $32.1M to Denmark. The main products exported from Bosnia and Herzegovina to Denmark were Other Furniture ($9.5M), Iron Structures ($5.97M), and Seats ($3.1M). During the last 27 years the exports of Bosnia and Herzegovina to Denmark have increased at an annualized rate of 39.4%, from $4.12k in 1995 to $32.1M in 2022.

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

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

Latest Data

Trade between Denmark () and Bosnia and Herzegovina ()

Denmark Exports

Date

Bosnia and Herzegovina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$18.9B

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2021, countries that imported more from Denmark than Bosnia and Herzegovina were Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2021, countries that imported more from Bosnia and Herzegovina than Denmark were Croatia ($1.47B), Serbia ($1.35B), and Slovenia ($811M).

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

Comparative Advantage Denmark - Bosnia and Herzegovina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Denmark had a large net trade with Bosnia and Herzegovina in the exports of Chemical Products ($16.1M), Animal Products ($11.9M), and Machines ($5.84M).

During 2022, Bosnia and Herzegovina had a large net trade with Denmark in the exports of Miscellaneous ($13.4M), Metals ($6.71M), and Machines ($2.83M).

Service Trade

Bilateral Service Trade

Bih Year

In 2019, Bosnia and Herzegovina exported services to Denmark worth $10.6M, with Travel ($7.28M) and Transportation ($3.36M) being the largest in terms of value.

Service trade data is presented based on availability.

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Denmark () and Bosnia and Herzegovina ()

Denmark Exports

Bosnia and Herzegovina Exports

Market Competitiveness

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

Comparative Advantage Denmark - Bosnia and Herzegovina

Service Trade

Bilateral Service Trade

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

Economic Complexity

Competitive Landscape

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

Keep Exploring