Bosnia-Hercegovina

Bosnia-Hercegovina ranked No. 160 in total trade value through March with a total of $28.45 million. Exports totaled $5.22 million and Imports totaled $23.22 million, a deficit of $18 million.

U.S. trade with Bosnia-Hercegovina rose to $28.45 million through March

Bosnia-Hercegovina’s trade with the United States rose to $28.45 million through the first three months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 22.64 percent below its total trade during the same time period last year. U.S. exports to Bosnia-Hercegovina decreased 51.28 percent while U.S. imports from Bosnia-Hercegovina fell 10.85 percent. The U.S. deficit with Bosnia-Hercegovina was $18 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Virginia; No. 3 John F. Kennedy International Airport; No. 4 Port of Savannah, Ga.; and No. 5 Port of Baltimore, Md.. During the same period the previous year, the top five were No. 1 Port of Houston No. 2 Port of Virginia No. 3 Port of Newark No. 4 Port of Savannah, Ga. and No. 5 John F. Kennedy International Airport. In the current time period, the top five accounted for 55.51 percent of Bosnia-Hercegovina’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 12.88 percent to $6.19 million.
    Exports rose 88.95 percent to $804,367. Imports rose 6.48 percent to $5.39 million.
  • Trade with No. 2 Port of Virginia fell 45.7 percent to $3.58 million.
    Exports rose 927.85 percent to $668,207. Imports fell 55.39 percent to $2.92 million.
  • Trade with No. 3 John F. Kennedy International Airport rose 32.24 percent to $2.16 million.
    Exports rose 215.9 percent to $593,369. Imports rose 8.4 percent to $1.57 million.
  • Trade with No. 4 Port of Savannah, Ga. fell 12.98 percent to $2.02 million.
    Exports fell 62.46 percent to $85,701. Imports fell 7.58 percent to $1.94 million.
  • Trade with No. 5 Port of Baltimore, Md. rose 174.28 percent to $1.83 million.
    There were no exports. Imports rose 174.28 percent to $1.83 million.

Bosnia-Hercegovina ranked No. 160 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 158.

Meanwhile, total U.S. trade with the world increased to $964.77 billion, down 4.16 percent compared to the same period last year. The nation’s exports dropped 3.07 percent to $395.69 billion; imports dropped 4.91 percent to $569.09 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $173.4 billion, down compared to the same period of last year when the deficit was $190.25 billion.

The top five U.S. exports to Bosnia-Hercegovina by value through March were the categories of X-ray apparatus; Parts for cellular communications; Machinery for heating and sterilizing; Medical instruments; and Bombs, grenades, cartridges, parts, respectively. They accounted for 46.05 percent of total exports to Bosnia-Hercegovina.

The value of the top five categories of U.S. imports from Bosnia-Hercegovina –– Hydrogen, raw gases; Plastic shoes; Women’s or girls’ overcoats, etc.; Leather shoes; and Misc. aluminum non-prefab structures –– accounted for 48.48 percent of all inbound shipments.

Looking more closely at U.S. exports to Bosnia-Hercegovina:

  • X-ray apparatus rose 12821 percent compared to last year to $729,935.
  • Parts for cellular communications rose 1515.2 percent compared to last year to $538,975.
  • Machinery for heating and sterilizing rose 316.1 percent compared to last year to $500,000.
  • Medical instruments rose 163.37 percent compared to last year to $335,776.
  • Bombs, grenades, cartridges, parts totaled $300,550. The previous year, there were no exports in this category.

Looking more closely at U.S. imports from Bosnia-Hercegovina:

  • Hydrogen, raw gases fell 34.5 percent compared to last year to $4.27 million.
  • Plastic shoes fell 11.57 percent compared to last year to $2.65 million.
  • Women’s or girls’ overcoats, etc. fell 0.67 percent compared to last year to $2.05 million.
  • Leather shoes fell 38.93 percent compared to last year to $1.2 million.
  • Misc. aluminum non-prefab structures rose 120.01 percent compared to last year to $1.09 million.

In the latest annual figures available, Bosnia-Hercegovina recorded $164.19 million in trade with the United States. Total U.S. exports to Bosnia-Hercegovina were $ 60.3 million and imports from Bosnia-Hercegovina were $103.88 million. The U.S. deficit with Bosnia-Hercegovina was $43.58 million.