Country intelligence · BIH · 2024

Bosnia and Herzegovina trade profile

In 2024, Bosnia and Herzegovina recorded $8.9B in merchandise exports and $14.3B in imports, producing a $5.4B trade deficit. Exports changed -3.2% from the previous year, while imports changed +5.9%.[1]

Exports

$8.9B

-3.2%

Imports

$14.3B

+5.9%

Trade balance

-$5.4B

deficit

Active partners

270

35 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$8.9B$14.3B-$5.4B-3.2%
2023$9.2B$13.5B-$4.3B-4.0%
2022$9.6B$13.3B-$3.7B+10.7%
2021$8.7B$11.6B-$2.9B+40.6%
2020$6.2B$8.9B-$2.7B-6.4%
2019$6.6B$9.8B-$3.2B-8.1%
2018$7.2B$10.0B-$2.8B+13.9%
2017$6.3B$9.0B-$2.7B+19.6%
2016$5.3B$7.9B-$2.6B+5.2%
2015$5.0B$7.9B-$2.9B-11.8%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 85 · Electrical machinery

262 active HS6 lines · 123 export partners

$810.2M
2

HS 84 · Machinery

501 active HS6 lines · 136 export partners

$717.0M
3

HS 73 · HS chapter

122 active HS6 lines · 118 export partners

$599.2M
4

HS 27 · Mineral fuels and oils

42 active HS6 lines · 47 export partners

$582.5M
5

HS 94 · HS chapter

42 active HS6 lines · 106 export partners

$578.1M
6

HS 44 · HS chapter

98 active HS6 lines · 90 export partners

$512.7M
7

HS 64 · HS chapter

25 active HS6 lines · 97 export partners

$490.1M
8

HS 76 · HS chapter

35 active HS6 lines · 72 export partners

$460.1M

Leading export markets

Destinations rank bilateral export flows from Bosnia and Herzegovina; growth describes each corridor rather than the whole economy.

1

Croatia

Annual change -0.3% · 3-year CAGR 7.0%

$1.4B
2

Germany

Annual change -10.4% · 3-year CAGR 2.1%

$1.3B
3

Serbia

Annual change -9.1% · 3-year CAGR 1.5%

$1.1B
4

Austria

Annual change -7.7% · 3-year CAGR 2.8%

$887.3M
5

Slovenia

Annual change -2.3% · 3-year CAGR -0.2%

$763.0M
6

Italy

Annual change -12.6% · 3-year CAGR -16.3%

$643.4M
7

Montenegro

Annual change -9.2% · 3-year CAGR 13.5%

$295.5M
8

Türkiye

Annual change +23.2% · 3-year CAGR 0.6%

$227.4M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.