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Bosnia & Herzegovina Net Trade (Goods & Services, BoP)

Bosnia & Herzegovina's net trade (goods & services, bop) rose to $-4.06 billion in 2024, up from $-3.24 billion in 2023, according to World Bank. This represents an increase of 25.2% ($817.15 million) from the previous year. Bosnia & Herzegovina has net trade (goods & services, bop) lower than the global median (-$4.06 billion vs median -$215.12 million). Compared with the median in Europe, Bosnia & Herzegovina is lower (-$4.06 billion vs regional median $1.60 billion) and ranks 38th out of 44 countries in Europe.

Yearly Historical Data (1998-2024)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2024 -4.06
2023 -3.24
2022 -3.33
2021 -2.62
2020 -2.71
2019 -2.96
2018 -2.96
2017 -2.94
2016 -2.81
2015 -2.96
2014 -4.2
2013 -3.72
2012 -4.04
2011 -4.43
2010 -3.7
2009 -4.19
2008 -6.23
2007 -4.66
2006 -3.62
2005 -4.35
2004 -4.14
2003 -3.82
2002 -3.12
2001 -2.73
2000 -2.58
1999 -3.12
1998 -2.93
Bosnia & Herzegovina Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Bosnia & Herzegovina, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $8.89B $9.23B 2024
Annual Imports $15.85B $15.35B 2024
Exports (% GDP) 42.82% 43.93% 2024
FDI Inflows (% GDP) 3.98% 3.75% 2024
Imports (% GDP) 57.15% 55.69% 2024
Tariff Rate 3.39% 3.16% 2022
Trade (% GDP) 99.97% 99.62% 2024