Foreign trade as a share of GDP reached 94.6 % in 2017 in Bosnia and Herzegovina, according to the National Statistical Office. This is 7.75 % more than in the previous year.
Historically, foreign trade as a share of GDP in Bosnia and Herzegovina reached an all time high of 126 % in 1998 and an all time low of 73.7 % in 2009. When compared to Bosnia and Herzegovina's main peers, foreign trade as a share of GDP in Croatia amounted to 99.9 %, 59.4 % in Italy, 106 % in Montenegro and 114 % in Serbia in 2017.
Bosnia and Herzegovina has been ranked 59th within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 23 places above the position seen 10 years ago.
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.