2022
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GDP
$24.5BCURRENT US$
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2012-2022
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GDP GROWTH
42.4%CURRENT US$
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2022
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 GDP
$3.07TCURRENT US$
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2012-2022
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GDP GROWTH
13.5%CURRENT US$
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2022
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GDP PC 
$7,585CURRENT US$
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2012-2022
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GDP PC GROWTH
61.8%CURRENT US$
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2022
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GDP PC
$45,850CURRENT US$
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2012-2022
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GDP PC GROWTH
7.92%CURRENT US$
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About

Bosnia and Herzegovina-United Kingdom In 2022, Bosnia and Herzegovina exported $75.5M to United Kingdom. The main products that Bosnia and Herzegovina exported to United Kingdom are Seats ($6.57M), Aluminium Structures ($5.88M), and Rubber Footwear ($5.04M). During the last 27 years the exports of Bosnia and Herzegovina to United Kingdom have increased at an annualized rate of 21.7%, from $374k in 1995 to $75.5M in 2022.

In 2019, Bosnia and Herzegovina exported services to United Kingdom worth $26.3M, with Travel ($20.6M), Transportation ($4.7M), and Communications services ($1.01M) being the largest in terms of value.

United Kingdom-Bosnia and Herzegovina In 2022, United Kingdom exported $64.1M to Bosnia and Herzegovina. The main products that United Kingdom exported to Bosnia and Herzegovina were Paintings ($5.87M), Cars ($4.56M), and Large Construction Vehicles ($4.08M). During the last 27 years the exports of United Kingdom to Bosnia and Herzegovina have increased at an annualized rate of 8.94%, from $6.36M in 1995 to $64.1M in 2022.

In 2022, United Kingdom did not export any services to Bosnia and Herzegovina.

Comparison In 2022,  Bosnia and Herzegovina ranked 36 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $75.5M to United Kingdom. The main products exported from Bosnia and Herzegovina to United Kingdom were Seats ($6.57M), Aluminium Structures ($5.88M), and Rubber Footwear ($5.04M). During the last 27 years the exports of Bosnia and Herzegovina to United Kingdom have increased at an annualized rate of 21.7%, from $374k in 1995 to $75.5M in 2022.

In 2022, United Kingdom exported $64.1M to Bosnia and Herzegovina. The main products exported from United Kingdom to Bosnia and Herzegovina were Paintings ($5.87M), Cars ($4.56M), and Large Construction Vehicles ($4.08M). During the last 27 years the exports of United Kingdom to Bosnia and Herzegovina have increased at an annualized rate of 8.94%, from $6.36M in 1995 to $64.1M in 2022.

Exports from Bosnia and Herzegovina (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and United Kingdom (Flag)

Bosnia and Herzegovina Exports

United Kingdom Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Croatia$1.47B
United Kingdom
Top Destination
United States$61.8B

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

In 2021, countries that imported more from Bosnia and Herzegovina than United Kingdom were Croatia ($1.47B), Serbia ($1.35B), and Slovenia ($811M).

In 2021, countries that imported more from United Kingdom than Bosnia and Herzegovina were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - United Kingdom

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with United Kingdom in the exports of Machines ($12.1M), Miscellaneous ($11.8M), and Textiles ($11M).

During 2022, United Kingdom had a large net trade with Bosnia and Herzegovina in the exports of Machines ($14.9M), Chemical Products ($10.6M), and Transportation ($8.2M).

Service Trade

Bilateral Service Trade

In 2019, Bosnia and Herzegovina exported services to United Kingdom worth $26.3M, with Travel ($20.6M), Transportation ($4.7M), and Communications services ($1.01M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Bosnia and Herzegovina (Flag) to United Kingdom (Flag) (2019)

Economic Complexity

Competitive Landscape

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

Product Space of Bosnia and Herzegovina (Flag) and United Kingdom (Flag) (2022)

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