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Pricing

2022
Flag → Flag
Exports $4.23MRnk 60 / 162
2022
Flag → Flag
Top Product $897kMedical Instruments
2022
Flag → Flag
Exports $39.7MRnk 89 / 210
2022
Flag → Flag
Top Product $10.5MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
Flag  
GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC $7,585CURRENT US$
Rnk 88 / 186
2012-2022
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GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC$104,039CURRENT US$
Rnk 4 / 186
2012-2022
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GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186

About

Bosnia and Herzegovina-Ireland Trade: In 2022, Bosnia and Herzegovina exported $4.23M to Ireland. The main products that Bosnia and Herzegovina exported to Ireland were Medical Instruments ($897k), Rubber Footwear ($599k), and Motor vehicles; parts and accessories (8701 to 8705) ($495k). Over the past 5 years the exports of Bosnia and Herzegovina to Ireland have increased at an annualized rate of 17.7%, from $1.87M in 2017 to $4.23M in 2022.

In 2019, Bosnia and Herzegovina exported services to Ireland worth $8.84M, with Travel ($6.49M) and Transportation ($2.35M) being the largest in terms of value.

Ireland-Bosnia and Herzegovina Trade: In 2022, Ireland exported $39.7M to Bosnia and Herzegovina. The main products that Ireland exported to Bosnia and Herzegovina were Packaged Medicaments ($10.5M), Scented Mixtures ($9.3M), and Industrial Fatty Acids, Oils and Alcohols ($6.06M). Over the past 5 years the exports of Ireland to Bosnia and Herzegovina have increased at an annualized rate of 6.96%,  from $28.4M in 2017 to $39.7M in 2022.

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

Comparison: In 2022,  Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). That same year, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $4.23M to Ireland. The main products exported from Bosnia and Herzegovina to Ireland were Medical Instruments ($897k), Rubber Footwear ($599k), and Motor vehicles; parts and accessories (8701 to 8705) ($495k). During the last 5 years the exports of Bosnia and Herzegovina to Ireland have increased at an annualized rate of 17.7%, from $1.87M in 2017 to $4.23M in 2022.

In 2017, Ireland exported $39.7M to Bosnia and Herzegovina. The main products exported from Ireland to Bosnia and Herzegovina were Packaged Medicaments ($10.5M), Scented Mixtures ($9.3M), and Industrial Fatty Acids, Oils and Alcohols ($6.06M). During the last 5 years the exports of Ireland to Bosnia and Herzegovina have increased at an annualized rate of 6.96%, from $28.4M in 2022 to $39.7M in 2017.

Exports from Bosnia and Herzegovina (Flag) to Ireland (Flag) (2022)

Exports from Ireland (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Ireland (Flag)

Bosnia and Herzegovina Exports

Ireland Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationCroatia$1.47B
Ireland
Top DestinationUnited States$70.7B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Ireland included Croatia ($1.47B), Serbia ($1.35B), and Slovenia ($811M).

In 2022, countries that imported more from Ireland than Bosnia and Herzegovina included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

Difference in imports from Ireland (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - Ireland

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Ireland in the exports of Instruments ($929k), Footwear and Headwear ($752k), and Chemical Products ($601k).

During 2017, Ireland had a large net trade with Bosnia and Herzegovina in the exports of Chemical Products ($29.9M), Instruments ($2.49M), and Machines ($2.41M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Ireland+$848kMedical Instruments
Top Product Potential Ireland Bosnia and Herzegovina+$8.81MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bosnia and Herzegovina and Ireland. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Ireland. Similarly, a dot/product with the flag of Ireland indicates it has a comparative advantage over Bosnia and Herzegovina.

Product Space of Bosnia and Herzegovina (Flag) and Ireland (Flag) (2022)

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