Netherlands (NLD) and Bosnia and Herzegovina (BIH) Trade | The Observatory of Economic Complexity

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Netherlands-Bosnia and Herzegovina In 2022, Netherlands exported $222M to Bosnia and Herzegovina. The main products that Netherlands exported to Bosnia and Herzegovina are Bovine Meat ($40.5M), Packaged Medicaments ($9.64M), and Amino-resins ($7.57M). During the last 27 years the exports of Netherlands to Bosnia and Herzegovina have increased at an annualized rate of 9.81%, from $17.7M in 1995 to $222M in 2022.

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

Bosnia and Herzegovina-Netherlands In 2022, Bosnia and Herzegovina exported $231M to Netherlands. The main products that Bosnia and Herzegovina exported to Netherlands were Plastic Building Materials ($36.1M), Medical Instruments ($21.6M), and Other Furniture ($21.6M). During the last 27 years the exports of Bosnia and Herzegovina to Netherlands have increased at an annualized rate of 33.8%, from $89.2k in 1995 to $231M in 2022.

In 2019, Bosnia and Herzegovina exported services to Netherlands worth $47.5M, with Travel ($25.7M), Transportation ($20.9M), and Communications services ($784k) being the largest in terms of value.

Comparison In 2022, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Latest Trends

October, 2022

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Overview In October 2022, Netherlands exported €11M and imported €10M from Bosnia and Herzegovina, resulting in a positive trade balance of €1M. Between October 2021 and October 2022 the exports of Netherlands have increased by €4M (57.1%) from €7M to €11M, while imports increased by €3M (42.9%) from €7M to €10M.

Trade In October 2022, the top exports of Netherlands to Bosnia and Herzegovina were Meat of bovine animals, fresh, chilled... (€2M), Vegetables, fresh, chilled, frozen or simply... (€1M), Crude vegetable materials, n.e.s. (€1M), Polyacetals, other polyethers and epoxide resins,... (€1M), and Electrodiagnostic apparatus for medical, surgical, dental... (€1M). In October 2022 the top imports of Netherlands from Bosnia and Herzegovina were Wood manufactures, n.e.s. (€1M), Furniture and parts thereof; bedding, mattresses,... (€1M), and Articles, n.e.s., of plastics (€1M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to Bosnia and Herzegovina was explained primarily by an increase in product exports in . In October 2022, the increase in Netherlands's year-by-year imports from Bosnia and Herzegovina was explained primarily by an increase in product imports in .

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2021 - October 2022)€4M(57.1%)

IMPORT GROWTH (October 2021 - October 2022)€3M(42.9%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Bosnia and Herzegovina and Netherlands trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Netherlands exported $222M to Bosnia and Herzegovina. The main products exported from Netherlands to Bosnia and Herzegovina were Bovine Meat ($40.5M), Packaged Medicaments ($9.64M), and Amino-resins ($7.57M). During the last 27 years the exports of Netherlands to Bosnia and Herzegovina have increased at an annualized rate of 9.81%, from $17.7M in 1995 to $222M in 2022.

In 2022, Bosnia and Herzegovina exported $231M to Netherlands. The main products exported from Bosnia and Herzegovina to Netherlands were Plastic Building Materials ($36.1M), Medical Instruments ($21.6M), and Other Furniture ($21.6M). During the last 27 years the exports of Bosnia and Herzegovina to Netherlands have increased at an annualized rate of 33.8%, from $89.2k in 1995 to $231M in 2022.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Netherlands
Top DestinationGermany$131B

Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2021, countries that imported more from Netherlands than Bosnia and Herzegovina were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2021, countries that imported more from Bosnia and Herzegovina than Netherlands were Serbia ($1.35B), Montenegro ($306M), and Croatia ($1.47B).

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

Comparative Advantage Netherlands - Bosnia and Herzegovina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Netherlands had a large net trade with Bosnia and Herzegovina in the exports of Animal Products ($48M), Machines ($34.6M), and Chemical Products ($27.4M).

During 2022, Bosnia and Herzegovina had a large net trade with Netherlands in the exports of Miscellaneous ($50.9M), Plastics and Rubbers ($46.6M), and Machines ($25.4M).

Service Trade

Bilateral Service Trade

Bih Year

In 2019, Bosnia and Herzegovina exported services to Netherlands worth $47.5M, with Travel ($25.7M), Transportation ($20.9M), and Communications services ($784k) being the largest in terms of value.

Service trade data is presented based on availability.

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

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Netherlands - Bosnia and Herzegovina

Service Trade

Bilateral Service Trade

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

Economic Complexity

Competitive Landscape

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

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