Flag Bosnia and Herzegovina / Ecuador Flag

2019
FlagFlag
Exports
: $288k, Rnk 98 / 154

2019
FlagFlag
Top Product
: $162k, Rubber Footwear

2019
FlagFlag
Exports
: $18.2M, Rnk 61 / 169

2019
FlagFlag
Top Product
: $17.7M, Bananas

2019
Flag
Economic Complexity (ECI)
: ECI 0.65, Rnk 41 / 146

2019
Flag
Economic Complexity (ECI)
: ECI -0.76, Rnk 110 / 146

2019
Flag  
GDP
: $20.2B, CURRENT US$
Rnk 112 / 187

2009-2019
Flag
GDP GROWTH
: 14.5%, CURRENT US$
Rnk 156 / 187

2019
Flag
 GDP
: $107B, CURRENT US$
Rnk 59 / 187

2009-2019
Flag
GDP GROWTH
: 71.8%, CURRENT US$
Rnk 58 / 187

2019
Flag
GDP PC 
: $6,109, CURRENT US$
Rnk 97 / 187

2009-2019
Flag
GDP PC GROWTH
: 29.6%, CURRENT US$
Rnk 90 / 187

2019
Flag
GDP PC
: $6,184, CURRENT US$
Rnk 95 / 187

2009-2019
Flag
GDP PC GROWTH
: 46.1%, CURRENT US$
Rnk 62 / 187

Bosnia and Herzegovina-Ecuador In 2019, Bosnia and Herzegovina exported $288k to Ecuador. The main products that Bosnia and Herzegovina exported to Ecuador are Rubber Footwear ($162k), Other Domestic Electric Housewares ($24.4k), and Centrifuges ($19.6k). During the last 21 years the exports of Bosnia and Herzegovina to Ecuador have increased at an annualized rate of 0.62%, from $253k in 1998 to $288k in 2019.

In 2019, Bosnia and Herzegovina did not export any services to Ecuador.

Ecuador-Bosnia and Herzegovina In 2019, Ecuador exported $18.2M to Bosnia and Herzegovina . The main products that Ecuador exported to Bosnia and Herzegovina were Bananas ($17.7M), Cut Flowers ($368k), and Pepper ($50.9k). During the last 21 years the exports of Ecuador to Bosnia and Herzegovina have increased at an annualized rate of 52.7%, from $2.5k in 1998 to $18.2M in 2019.

In 2019, Ecuador did not export any services to Bosnia and Herzegovina.

Comparison In 2019,  Bosnia and Herzegovina ranked 41 in the Economic Complexity Index (ECI 0.65), and 101 in total exports ($7.15B). That same year, Ecuador ranked 110 in the Economic Complexity Index (ECI -0.76), and 70 in total exports ($22.9B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value
Compare to

In 2019, Bosnia and Herzegovina exported $288k to Ecuador. The main products exported from Bosnia and Herzegovina to Ecuador were Rubber Footwear ($162k), Other Domestic Electric Housewares ($24.4k), and Centrifuges ($19.6k). During the last 21 years the exports of Bosnia and Herzegovina to Ecuador have increased at an annualized rate of 0.62%, from $253k in 1998 to $288k in 2019.

In 2019, Ecuador exported $18.2M to Bosnia and Herzegovina. The main products exported from Ecuador to Bosnia and Herzegovina were Bananas ($17.7M), Cut Flowers ($368k), and Pepper ($50.9k). During the last 17 years the exports of Ecuador to Bosnia and Herzegovina have increased at an annualized rate of 52.7%, from $2.5k in 2002 to $18.2M in 2019.

Bosnia and Herzegovina Exports

#permalink to section

Ecuador Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Bosnia and Herzegovina
Top Destination
: Germany, $974M

Ecuador
Top Destination
: United States, $6.76B

This map shows whether countries import more from Bosnia and Herzegovina or Ecuador. Each country is colored based on the difference in imports they receive from Bosnia and Herzegovina and Ecuador or the difference in the growth in imports.

In 2019, countries that imported more from Bosnia and Herzegovina than Ecuador were Croatia ($810M), Serbia ($752M), and Austria ($636M).

In 2019, countries that imported more from Ecuador than Bosnia and Herzegovina were United States ($6.76B), China ($2.85B), and Panama ($1.92B).

Comparative Advantage Bosnia and Herzegovina - Ecuador

#permalink to section
Depth

This chart compares trade between Bosnia and Herzegovina and Ecuador by product, considering products traded by both, Bosnia and Herzegovina and Ecuador.

During 2019, Bosnia and Herzegovina had a large net trade with Ecuador in the exports of Footwear and Headwear ($162k), Machines ($73.9k), and Metals ($11.9k).

During 2019, Ecuador had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($18.1M), Animal Products ($23.8k), and Miscellaneous ($10.4k).

Flow

Tariff Section

#permalink to section

This section shows import tariffs for products traded between Bosnia and Herzegovina and Ecuador (using the HS6 product classification and the last year reported).

In 2019, the products from Bosnia and Herzegovina that paid the highest import tariffs to enter Ecuador were Mineral and aerated waters not sweetened or flavoured (2.83M%) and Beverage waters, sweetened or flavoured (543k%).

In 2019, the products from Ecuador that paid the highest import tariffs to enter Bosnia and Herzegovina were Vermouth and other flavoured grape wines - pack < 2l (189k%) and Undenatured ethyl alcohol > 80% by volume (116k%).

*The tariffs present between Bosnia and Herzegovina and Ecuador are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Bosnia and Herzegovina has comparative advantage over Ecuador. Similarly, the more red a dot/product is, the more Ecuador has comparative advantage over Bosnia and Herzegovina.