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Bosnia and Herzegovina trade in 2024

In 2024, Bosnia and Herzegovina exported $9.4 billion and imported $16.4 billion, a trade deficit of $7 billion. It was the world's 108th-largest exporter, with 0.04% of world exports. Its top export was electricity (4% of the total) and its main trading partner was Germany (12.3% of its trade).

Summary

Exports
$9.4billion
Imports
$16.4billion
Trade balance
-$7billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Electricity (4%) and cables and wire (4%) together make up 8% of its exports.

  1. Electricity$374 million · 4%
    Main partner: Serbia
  2. Cables and wire$372 million · 4%
    Main partner: Austria
  3. Seats and chairs$264 million · 2.8%
    Main partner: Germany
  4. Steel structures$258 million · 2.8%
    Main partner: Serbia
  5. Auto parts$249 million · 2.7%
    Main partner: Germany
  6. Furniture$240 million · 2.6%
    Main partner: Germany
  7. Bombs, missiles and ammunition$197 million · 2.1%
    Main partner: United States
  8. Sawn wood$186 million · 2%
    Main partner: Serbia
  9. Aluminum oxide and hydroxide$180 million · 1.9%
    Main partner: Slovenia
  10. Carbonates$160 million · 1.7%
    Main partner: Germany

What it imports

Refined petroleum (8.2%) and cars (4.7%) together make up 12.9% of its imports.

  1. Refined petroleum$1.3 billion · 8.2%
    Main partner: Italy
  2. Cars$769 million · 4.7%
    Main partner: Germany
  3. Medicines in measured doses or retail packs$429 million · 2.6%
    Main partner: Germany
  4. Copper wire$292 million · 1.8%
    Main partner: Italy
  5. Coal$215 million · 1.3%
    Main partner: United States
  6. Fresh beef$190 million · 1.2%
    Main partner: Italy
  7. Unwrought aluminum$184 million · 1.1%
    Main partner: Russia
  8. Electricity$179 million · 1.1%
    Main partner: Croatia
  9. Other food preparations$169 million · 1%
    Main partner: Serbia
  10. Trucks$162 million · 0.99%
    Main partner: Germany
By Harmonized System chapter (96)
ChapterExportsImports
85 · Electrical and electronic equipment$896 million$1.1 billion
84 · Mechanical machinery$792 million$1.5 billion
94 · Furniture and lighting$635 million$232 million
73 · Iron and steel products$609 million$421 million
27 · Oil, gas and coal$593 million$2 billion
64 · Footwear$522 million$218 million
44 · Wood$497 million$217 million
76 · Aluminum$463 million$412 million
28 · Inorganic chemicals$441 million$43 million
39 · Plastics$421 million$871 million
87 · Vehicles$338 million$1.4 billion
72 · Iron and steel$270 million$597 million
93 · Weapons and ammunition$259 million$21 million
62 · Woven clothing$258 million$194 million
48 · Paper and paperboard$225 million$292 million
61 · Knitted clothing$168 million$305 million
74 · Copper$130 million$397 million
26 · Ores and slag$112 million$8 million
30 · Pharmaceuticals$109 million$553 million
25 · Salt, stone and cement$95 million$84 million
04 · Dairy, eggs and honey$86 million$154 million
19 · Baked goods and cereal products$85 million$213 million
90 · Precision and medical instruments$84 million$245 million
36 · Explosives and matches$82 million$60 million
95 · Toys and sports gear$81 million$90 million
15 · Fats and oils$76 million$112 million
22 · Beverages and spirits$72 million$329 million
68 · Stone, plaster and cement articles$70 million$79 million
16 · Prepared meat and fish$65 million$96 million
83 · Miscellaneous metal goods$51 million$129 million
08 · Fruit and nuts$48 million$156 million
70 · Glass$47 million$116 million
79 · Zinc$37 million$33 million
38 · Miscellaneous chemicals$36 million$116 million
49 · Books and printed matter$34 million$30 million
21 · Food preparations$32 million$276 million
71 · Gems and precious metals$30 million$40 million
42 · Leather goods and bags$27 million$51 million
33 · Perfumes and cosmetics$26 million$225 million
02 · Meat and offal$26 million$326 million
32 · Dyes, paints and tanning agents$24 million$122 million
63 · Home textiles and used clothing$23 million$60 million
07 · Vegetables$23 million$86 million
86 · Railway equipment$22 million$40 million
82 · Tools and cutlery$21 million$82 million
34 · Soap and cleaning products$20 million$129 million
66 · Umbrellas and canes$19 million$6 million
23 · Animal feed and food waste$18 million$157 million
55 · Synthetic staple fibers$17 million$49 million
40 · Rubber$17 million$204 million
41 · Hides and leather$16 million$97 million
11 · Milling products and malt$15 million$34 million
03 · Fish and seafood$13 million$31 million
09 · Coffee, tea and spices$13 million$110 million
69 · Ceramics$13 million$121 million
12 · Oilseeds and grains$13 million$71 million
20 · Preserved fruit and vegetables$12 million$91 million
47 · Wood pulp$12 million$33 million
18 · Cocoa and chocolate$11 million$140 million
52 · Cotton$11 million$24 million
54 · Synthetic filaments$10 million$63 million
29 · Organic chemicals$10 million$68 million
59 · Coated and technical textiles$9 million$63 million
10 · Cereals$7 million$131 million
58 · Special fabrics and lace$6 million$21 million
17 · Sugar and sweets$6 million$114 million
06 · Live plants and flowers$5 million$18 million
60 · Knitted fabric$4 million$79 million
88 · Aircraft and spacecraft$3 million$2 million
56 · Felt, nonwovens and rope$3 million$55 million
65 · Hats$3 million$6 million
96 · Other manufactured goods$3 million$48 million
01 · Live animals$3 million$55 million
43 · Fur and fur goods$2 million$852 thousand
46 · Wicker and basketware$2 million$1 million
57 · Carpets and rugs$2 million$27 million
31 · Fertilizers$2 million$69 million
78 · Lead$1 million$5 million
24 · Tobacco$1 million$107 million
05 · Other animal products$1 million$3 million
91 · Watches and clocks$1 million$13 million
35 · Glues, starches and enzymes$1 million$30 million
81 · Other base metals$1 million$6 million
97 · Art and antiques$971 thousand$751 thousand
92 · Musical instruments$353 thousand$3 million
80 · Tin$304 thousand$58 million
53 · Other plant fibers$298 thousand$1 million
89 · Ships and boats$261 thousand$1 million
51 · Wool$162 thousand$21 million
13 · Gums and plant extracts$49 thousand$2 million
37 · Photographic goods$35 thousand$4 million
50 · Silk$31 thousand$375 thousand
67 · Feathers and artificial flowers$28 thousand$6 million
45 · Cork$22 thousand$752 thousand
75 · Nickel$17 thousand$812 thousand
14 · Other plant products$6 thousand$122 thousand

Trading partners

Its main destination is Germany (14.3% of exports) and its main source is Italy (12.4% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
Germany1.314.3%Sea
Croatia1.314.1%Land
Serbia1.111.5%Land
Austria0.919.8%Sea
Slovenia0.818.7%Sea
Italy0.697.4%Sea
Montenegro0.293.1%Land
Turkey0.232.5%Sea
France0.232.5%Sea
Czechia0.222.4%Sea

Who it buys from

PartnerValue (USD billions)ShareMode
Italy212.4%Sea
Germany1.811.2%Sea
Serbia1.810.9%Land
China1.59.3%Sea
Croatia1.48.3%Land
Turkey0.965.9%Sea
Slovenia0.684.2%Sea
Austria0.63.7%Sea
Poland0.533.2%Sea
Hungary0.412.5%Sea

Overview 1995–2024

In 2024, Bosnia and Herzegovina accounted for 0.04% of world exports, compared with 0% in 1995.

Exports and imports

Exports grew 165.7-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 9.4
  • Imports 16.4
  • Balance -7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$56 million$795 million-$739 million
1996$421 million$2.1 billion-$1.7 billion
1997$702 million$2.5 billion-$1.8 billion
1998$714 million$2.5 billion-$1.8 billion
1999$826 million$2.6 billion-$1.8 billion
2000$891 million$2.6 billion-$1.7 billion
2001$934 million$2.8 billion-$1.8 billion
2002$1.1 billion$3.3 billion-$2.2 billion
2003$1.4 billion$3.5 billion-$2.1 billion
2004$2.2 billion$5.3 billion-$3.1 billion
2005$3 billion$7.2 billion-$4.2 billion
2006$4 billion$7.8 billion-$3.8 billion
2007$4.6 billion$9.8 billion-$5.2 billion
2008$5.4 billion$12.4 billion-$7 billion
2009$4 billion$8.5 billion-$4.5 billion
2010$4.9 billion$9.3 billion-$4.4 billion
2011$6 billion$11.2 billion-$5.2 billion
2012$5.3 billion$10.1 billion-$4.8 billion
2013$5.9 billion$10.5 billion-$4.5 billion
2014$6.2 billion$11.2 billion-$5 billion
2015$5.5 billion$9.2 billion-$3.7 billion
2016$5.8 billion$9.4 billion-$3.5 billion
2017$7 billion$10.7 billion-$3.7 billion
2018$7.9 billion$11.9 billion-$4 billion
2019$7.2 billion$11.5 billion-$4.3 billion
2020$6.7 billion$10.2 billion-$3.5 billion
2021$9.5 billion$13.4 billion-$3.9 billion
2022$10.2 billion$15.8 billion-$5.6 billion
2023$9.8 billion$15.8 billion-$6 billion
2024$9.4 billion$16.4 billion-$7 billion

World rank

Bosnia and Herzegovina rose from 178th to 108th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 178th in 1995
  • 108th in 2024

Source: CEPII BACI

Show the numbers
YearRank
1995178th
1996139th
1997129th
1998126th
1999124th
2000130th
2001132nd
2002126th
2003121st
2004118th
2005113th
2006110th
2007110th
2008109th
2009111th
2010111th
2011109th
2012117th
2013114th
2014112th
2015109th
2016106th
2017103rd
2018104th
2019104th
2020109th
2021103rd
2022106th
2023106th
2024108th

What it sells

Electrical and electronic equipment became its top export group: from 3% to 10%

% of exports by Harmonized System chapter.

  • Other 46%
  • Aluminum 5%
  • Wood 5%
  • Footwear 6%
  • Oil, gas and coal 6%
  • Iron and steel products 7%
  • Furniture and lighting 7%
  • Mechanical machinery 8%
  • Electrical and electronic equipment 10%

Source: CEPII BACI

Show the numbers
Chapter19952024
Electrical and electronic equipment3%9.6%
Mechanical machinery11.5%8.5%
Furniture and lighting4.7%6.8%
Iron and steel products0.75%6.5%
Oil, gas and coal0.6%6.3%
Footwear17.8%5.6%
Wood6.1%5.3%
Aluminum5%5%
Other50.6%46.5%

Who it trades with

Croatia went from 46% to 10% of Bosnia and Herzegovina's trade

% of total trade (exports + imports) with each partner.

  • Germany 12%
  • Serbia 11%
  • Italy 11%
  • Croatia 10%
  • China 6%

Source: CEPII BACI

Show the numbers
Partner19952024
Germany8.8%12.3%
Serbia0%11.1%
Italy10%10.6%
Croatia46%10.4%
China0.01%6.3%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

  • Tuzla Thermal Power PlantPower · 2.5 Mt CO₂e
  • ERS Gas-Fired CHP power stationPower · 1.8 Mt CO₂e
  • Gacko Thermal Power PlantPower · 1.4 Mt CO₂e
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Largest economic production hubs (gridded GDP, 2024)

  • Sarajevo$20.3 billion (PPP, 2021 dollars)
  • Slavonski Brod$16.4 billion (PPP, 2021 dollars)
  • Banja Luka$10.1 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

Neighboring countries

See all countries