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2022
Flag → Flag
Exports $68.9MRnk 82 / 217
2022
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Top Product $8.7MCars
2022
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Exports $73.1MRnk 20 / 162
2022
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Top Product $14.2MSeats
2022
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Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
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Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
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GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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 GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
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GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
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GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186
2022
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GDP PC$7,585CURRENT US$
Rnk 88 / 186
2012-2022
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GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186

About

Sweden-Bosnia and Herzegovina In 2022, Sweden exported $68.9M to Bosnia and Herzegovina. The main products that Sweden exported to Bosnia and Herzegovina are Cars ($8.7M), Sulfate Chemical Woodpulp ($3.48M), and Nitrogenous Fertilizers ($3.42M). During the last 27 years the exports of Sweden to Bosnia and Herzegovina have increased at an annualized rate of 18.2%, from $746k in 1995 to $68.9M in 2022.

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

Bosnia and Herzegovina-Sweden In 2022, Bosnia and Herzegovina exported $73.1M to Sweden. The main products that Bosnia and Herzegovina exported to Sweden were Seats ($14.2M), Other Furniture ($8.9M), and Leather Footwear ($5.14M). During the last 27 years the exports of Bosnia and Herzegovina to Sweden have increased at an annualized rate of 27.6%, from $101k in 1995 to $73.1M in 2022.

In 2019, Bosnia and Herzegovina exported services to Sweden worth $15.8M, with Travel ($13.7M) and Transportation ($2.13M) being the largest in terms of value.

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). 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

January, 2024

About

Overview In January 2024, Sweden exported SEK24.8M and imported SEK38.1M from Bosnia and Herzegovina, resulting in a negative trade balance of SEK13.2M. Between January 2023 and January 2024 the exports of Sweden have increased by SEK3.38M (15.7%) from SEK21.4M to SEK24.8M, while imports decreased by SEK-4.63M (-10.8%) from SEK42.7M to SEK38.1M.

Trade In January 2024, the top exports of Sweden to Bosnia and Herzegovina were Sulfate Chemical Woodpulp (SEK4.42M), Cars (SEK3.19M), Sheep Hides (SEK1.89M), Flat Flat-Rolled Steel (SEK1.43M), and Kaolin Coated Paper (SEK972k). In January 2024 the top imports of Sweden from Bosnia and Herzegovina were Seats (SEK8.43M), Other Furniture (SEK5.51M), Insulated Wire (SEK3.36M), Sawn Wood (SEK3.16M), and Tanned Furskins (SEK2.96M).

Growth In January 2024, the increase in Sweden's year-by-year exports to Bosnia and Herzegovina was explained primarily by an increase in product exports in Sulfate Chemical Woodpulp (SEK2.75M or 165%), Cars (SEK1.23M or 63.2%), and Sheep Hides (SEK964k or 104%). In January 2024, the decrease in Sweden's year-by-year imports  from Bosnia and Herzegovina was explained primarily by an decrease in product imports  in Leather Footwear (SEK-3.07M or -86%), Other Furniture (SEK-2.04M or -27%), and Household Washing Machines (SEK-1.57M or -71.1%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)SEK3.38M(15.7%)
IMPORT GROWTH (January 2023 - January 2024)SEK-4.63M(-10.8%)

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $68.9M to Bosnia and Herzegovina. The main products exported from Sweden to Bosnia and Herzegovina were Cars ($8.7M), Sulfate Chemical Woodpulp ($3.48M), and Nitrogenous Fertilizers ($3.42M). During the last 27 years the exports of Sweden to Bosnia and Herzegovina have increased at an annualized rate of 18.2%, from $746k in 1995 to $68.9M in 2022.

In 2022, Bosnia and Herzegovina exported $73.1M to Sweden. The main products exported from Bosnia and Herzegovina to Sweden were Seats ($14.2M), Other Furniture ($8.9M), and Leather Footwear ($5.14M). During the last 27 years the exports of Bosnia and Herzegovina to Sweden have increased at an annualized rate of 27.6%, from $101k in 1995 to $73.1M in 2022.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Bosnia and Herzegovina
Top DestinationCroatia$1.47B

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

In 2021, countries that imported more from Sweden than Bosnia and Herzegovina were Norway ($18.7B), Germany ($19.2B), and United States ($17.8B).

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

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

Comparative Advantage Sweden - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Sweden had a large net trade with Bosnia and Herzegovina in the exports of Machines ($14.4M), Transportation ($14.4M), and Paper Goods ($7.71M).

During 2022, Bosnia and Herzegovina had a large net trade with Sweden in the exports of Miscellaneous ($26.6M), Metals ($10.2M), and Wood Products ($6.45M).

Service Trade

Bilateral Service Trade

In 2019, Bosnia and Herzegovina exported services to Sweden worth $15.8M, with Travel ($13.7M) and Transportation ($2.13M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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