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Pricing

2023
Flag → Flag
Exports $85.7kRnk 117 / 159
2023
Flag → Flag
Top Product $59.8kComputers
2023
Flag → Flag
Exports $71.6kRnk 60 / 110
2023
Flag → Flag
Top Product $36.3kNon-Knit Men's Coats
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag  
GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
 GDP$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC $8,639CURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195
2023
Flag
GDP PC$1,010CURRENT US$
Rnk 176 / 196
2013-2023
Flag
GDP PC GROWTH43.3%CURRENT US$
Rnk 55 / 195

About

Bosnia and Herzegovina-Rwanda Trade: In 2023, Bosnia and Herzegovina exported $85.7k to Rwanda. The main products that Bosnia and Herzegovina exported to Rwanda were Computers ($59.8k), Electrical Transformers ($11.1k), and Gas and Liquid Flow Measuring Instruments ($6.67k). Over the past 5 years the exports of Bosnia and Herzegovina to Rwanda have decreased at an annualized rate of 56%, from $5.22M in 2018 to $85.7k in 2023.

In 2023, Bosnia and Herzegovina did not export any services to Rwanda.

Rwanda-Bosnia and Herzegovina Trade: In 2023, Rwanda exported $71.6k to Bosnia and Herzegovina. The main products that Rwanda exported to Bosnia and Herzegovina were Non-Knit Men's Coats ($36.3k), Non-Knit Women's Coats ($23.4k), and Felt or Coated Fabric Garments ($7.4k). Over the past 5 years the exports of Rwanda to Bosnia and Herzegovina have increased at an annualized rate of 10.7%,  from $43.1k in 2018 to $71.6k in 2023.

In 2023, Rwanda did not export any services to Bosnia and Herzegovina.

Comparison In 2023,  Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7),  and 105 in total exports ($9.67B). That same year, Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bosnia and Herzegovina exported $85.7k to Rwanda. The main products exported from Bosnia and Herzegovina to Rwanda were Computers ($59.8k), Electrical Transformers ($11.1k), and Gas and Liquid Flow Measuring Instruments ($6.67k). During the last 5 years the exports of Bosnia and Herzegovina to Rwanda have decreased at an annualized rate of 56%, from $5.22M in 2018 to $85.7k in 2023.

In 2018, Rwanda exported $71.6k to Bosnia and Herzegovina. The main products exported from Rwanda to Bosnia and Herzegovina were Non-Knit Men's Coats ($36.3k), Non-Knit Women's Coats ($23.4k), and Felt or Coated Fabric Garments ($7.4k). During the last 5 years the exports of Rwanda to Bosnia and Herzegovina have increased at an annualized rate of 10.7%, from $43.1k in 2023 to $71.6k in 2018.

Exports from Bosnia and Herzegovina (Flag) to Rwanda (Flag) (2023)

Exports from Rwanda (Flag) to Bosnia and Herzegovina (Flag) (2023)

Latest Data

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

Bosnia and Herzegovina Exports

Rwanda Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationGermany$1.48B
Rwanda
Top DestinationUnited Arab Emirates$895M

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

In 2023, countries that imported more from Bosnia and Herzegovina than Rwanda included Germany ($1.48B), Croatia ($1.39B), and Serbia ($1.18B).

In 2023, countries that imported more from Rwanda than Bosnia and Herzegovina included United Arab Emirates ($895M), China ($131M), and Kenya ($34.5M).

Difference in imports from Rwanda (Flag) and Bosnia and Herzegovina (Flag) (2023)

Comparative Advantage Bosnia and Herzegovina - Rwanda

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Rwanda in the exports of Machines ($79.1k) and Instruments ($6.67k).

During 2018, Rwanda had a large net trade with Bosnia and Herzegovina in the exports of Textiles ($67.1k) and Vegetable Products ($4.44k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Rwanda+$37.1kExplosive Ammunition
Top Product Potential Rwanda Bosnia and Herzegovina+$138kCoffee

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 Rwanda. This means that a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Rwanda. Similarly, a dot/product with the flag of Rwanda indicates it has a comparative advantage over Bosnia and Herzegovina.

Product Space of Bosnia and Herzegovina (Flag) and Rwanda (Flag) (2023)

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