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Pricing

2022
Flag → Flag
Exports $400kRnk 103 / 162
2022
Flag → Flag
Top Product $154kExplosive Ammunition
2022
Flag → Flag
Exports $110kRnk 75 / 142
2022
Flag → Flag
Top Product $87.9kCoffee
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag  
GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC $7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186

About

Bosnia and Herzegovina-Rwanda Trade: In 2022, Bosnia and Herzegovina exported $400k to Rwanda. The main products that Bosnia and Herzegovina exported to Rwanda were Explosive Ammunition ($154k), Cleaning Products ($67.7k), and Electrical Transformers ($59.8k). Over the past 5 years the exports of Bosnia and Herzegovina to Rwanda have decreased at an annualized rate of 9.36%, from $654k in 2017 to $400k in 2022.

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

Rwanda-Bosnia and Herzegovina Trade: In 2022, Rwanda exported $110k to Bosnia and Herzegovina. The main products that Rwanda exported to Bosnia and Herzegovina were Coffee ($87.9k), Non-Knit Men's Coats ($18.7k), and Non-Knit Women's Coats ($1.56k). Over the past 5 years the exports of Rwanda to Bosnia and Herzegovina have decreased at an annualized rate of 0.45%,  from $112k in 2017 to $110k in 2022.

In 2022, Rwanda 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, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $400k to Rwanda. The main products exported from Bosnia and Herzegovina to Rwanda were Explosive Ammunition ($154k), Cleaning Products ($67.7k), and Electrical Transformers ($59.8k). During the last 5 years the exports of Bosnia and Herzegovina to Rwanda have decreased at an annualized rate of 9.36%, from $654k in 2017 to $400k in 2022.

In 2017, Rwanda exported $110k to Bosnia and Herzegovina. The main products exported from Rwanda to Bosnia and Herzegovina were Coffee ($87.9k), Non-Knit Men's Coats ($18.7k), and Non-Knit Women's Coats ($1.56k). During the last 5 years the exports of Rwanda to Bosnia and Herzegovina have decreased at an annualized rate of 0.45%, from $112k in 2022 to $110k in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Rwanda Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationCroatia$1.47B
Rwanda
Top DestinationUnited Arab Emirates$568M

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 2022, countries that imported more from Bosnia and Herzegovina than Rwanda included Croatia ($1.47B), Germany ($1.46B), and Serbia ($1.35B).

In 2022, countries that imported more from Rwanda than Bosnia and Herzegovina included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Thailand ($83.9M).

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

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 2022, Bosnia and Herzegovina had a large net trade with Rwanda in the exports of Weapons ($154k), Chemical Products ($106k), and Machines ($95.5k).

During 2017, Rwanda had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($88.1k), Textiles ($21.4k), and Wood Products ($148).

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) (2022)

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