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2023
Flag → Flag
Exports $87.4MRnk 113 / 223
2023
Flag → Flag
Top Product $9.12MLarge Construction Vehicles
2023
Flag → Flag
Exports $139MRnk 16 / 159
2023
Flag → Flag
Top Product $34.6MRubber Footwear
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
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Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
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GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
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 GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
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GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
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GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
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GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
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GDP PC$8,639CURRENT US$
Rnk 91 / 196
2013-2023
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GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195

About

United Kingdom-Bosnia and Herzegovina Trade: In 2023, United Kingdom exported $87.4M to Bosnia and Herzegovina. The main products that United Kingdom exported to Bosnia and Herzegovina were Large Construction Vehicles ($9.12M), Cars ($8.47M), and Packaged Medicaments ($6.65M). Over the past 5 years the exports of United Kingdom to Bosnia and Herzegovina have decreased at an annualized rate of 1.69%, from $95.2M in 2018 to $87.4M in 2023.

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

Bosnia and Herzegovina-United Kingdom Trade: In 2023, Bosnia and Herzegovina exported $139M to United Kingdom. The main products that Bosnia and Herzegovina exported to United Kingdom were Rubber Footwear ($34.6M), Medical Instruments ($14.4M), and Seats ($9.02M). Over the past 5 years the exports of Bosnia and Herzegovina to United Kingdom have increased at an annualized rate of 7.34%,  from $59.2M in 2018 to $139M in 2023.

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.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £1.92M and imported £3.07M from Bosnia and Herzegovina, resulting in a negative trade balance of £1.15M. Between November 2023 and November 2024 the exports of United Kingdom have decreased by £-14.7k (-0.76%) from £1.94M to £1.92M, while imports increased by £197k (6.85%) from £2.87M to £3.07M.

Trade In November 2024, the top exports of United Kingdom to Bosnia and Herzegovina were Delivery Trucks (£347k), Leather of Other Animals (£242k), Iron Fasteners (£180k), Cars (£102k), and Motor vehicles; parts and accessories (8701... (£100k). In November 2024 the top imports of United Kingdom from Bosnia and Herzegovina were Prefabricated Buildings (£853k), Aluminium Structures (£631k), Seats (£470k), Paper Containers (£235k), and Motor vehicles; parts and accessories (8701... (£203k).

Origins In November 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£1.48M), London Heathrow Airport (£138k), London Stansted Airport (£117k), East Midlands Airport (£97.5k), and Harwich (£47.5k), while imports destinations were mainly Dover (£1.11M), Thamesport (£216k), Dover Eurotunnel (£179k), and East Midlands Airport (£16.8k).

Growth In November 2024, the decrease in United Kingdom's year-by-year exports to Bosnia and Herzegovina was explained primarily by an decrease in product exports in Industrial Food Preperation Machinery (£-71.1k or -97.4%), Chemical Analysis Instruments (£-49.5k or -96.8%), and Ethylene Polymers (£-44.8k or -60.4%). In November 2024, the increase in United Kingdom's year-by-year imports  from Bosnia and Herzegovina was explained primarily by an increase in product imports  in Prefabricated Buildings (£526k or 161%), Aluminium Structures (£365k or 137%), and Motor vehicles; parts and accessories (8701... (£202k or 19.9k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£-14.7k(-0.76%)
IMPORT GROWTH (November 2023 - November 2024)£197k(6.85%)
MAIN EXPORTER (November 2024)Dover Eurotunnel£1.48M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Bosnia and Herzegovina and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bosnia and Herzegovina and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $87.4M to Bosnia and Herzegovina. The main products exported from United Kingdom to Bosnia and Herzegovina were Large Construction Vehicles ($9.12M), Cars ($8.47M), and Packaged Medicaments ($6.65M). During the last 5 years the exports of United Kingdom to Bosnia and Herzegovina have decreased at an annualized rate of 1.69%, from $95.2M in 2018 to $87.4M in 2023.

In 2018, Bosnia and Herzegovina exported $139M to United Kingdom. The main products exported from Bosnia and Herzegovina to United Kingdom were Rubber Footwear ($34.6M), Medical Instruments ($14.4M), and Seats ($9.02M). During the last 5 years the exports of Bosnia and Herzegovina to United Kingdom have increased at an annualized rate of 7.34%, from $59.2M in 2023 to $139M in 2018.

Exports from United Kingdom (Flag) to Bosnia and Herzegovina (Flag) (2023)

Exports from Bosnia and Herzegovina (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Bosnia and Herzegovina
Top DestinationGermany$1.48B

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

In 2023, countries that imported more from United Kingdom than Bosnia and Herzegovina included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, countries that imported more from Bosnia and Herzegovina than United Kingdom included Croatia ($1.39B), Serbia ($1.18B), and Slovenia ($825M).

Difference in imports from Bosnia and Herzegovina (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Bosnia and Herzegovina

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Bosnia and Herzegovina in the exports of Machines ($24.2M), Chemical Products ($20.5M), and Transportation ($13.7M).

During 2018, Bosnia and Herzegovina had a large net trade with United Kingdom in the exports of Footwear and Headwear ($40.9M), Machines ($17.7M), and Miscellaneous ($17.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Bosnia and Herzegovina+$8.15MCars
Top Product Potential Bosnia and Herzegovina United Kingdom+$8.83MSeats

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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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)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Bosnia and Herzegovina (Flag) (2023)

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