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2023
Flag → Flag
Exports $47.8MRnk 135 / 216
2023
Flag → Flag
Top Product $32MRaw Aluminium
2023
Flag → Flag
Exports $35.5MRnk 27 / 159
2023
Flag → Flag
Top Product $7.81MSawn Wood
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
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Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
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GDP GROWTH28.5%CURRENT US$
Rnk 118 / 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 $49,041CURRENT US$
Rnk 27 / 195
2013-2023
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GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 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 Arab Emirates-Bosnia and Herzegovina Trade: In 2023, United Arab Emirates exported $47.8M to Bosnia and Herzegovina. The main products that United Arab Emirates exported to Bosnia and Herzegovina were Raw Aluminium ($32M), Aluminium Wire ($5.43M), and Propylene Polymers ($5.15M). Over the past 5 years the exports of United Arab Emirates to Bosnia and Herzegovina have increased at an annualized rate of 32.1%, from $11.9M in 2018 to $47.8M in 2023.

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

Bosnia and Herzegovina-United Arab Emirates Trade: In 2023, Bosnia and Herzegovina exported $35.5M to United Arab Emirates. The main products that Bosnia and Herzegovina exported to United Arab Emirates were Sawn Wood ($7.81M), Seed Oils ($4.18M), and Other Domestic Electric Housewares ($2.54M). Over the past 5 years the exports of Bosnia and Herzegovina to United Arab Emirates have increased at an annualized rate of 5.46%,  from $27.2M in 2018 to $35.5M in 2023.

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

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $47.8M to Bosnia and Herzegovina. The main products exported from United Arab Emirates to Bosnia and Herzegovina were Raw Aluminium ($32M), Aluminium Wire ($5.43M), and Propylene Polymers ($5.15M). During the last 5 years the exports of United Arab Emirates to Bosnia and Herzegovina have increased at an annualized rate of 32.1%, from $11.9M in 2018 to $47.8M in 2023.

In 2018, Bosnia and Herzegovina exported $35.5M to United Arab Emirates. The main products exported from Bosnia and Herzegovina to United Arab Emirates were Sawn Wood ($7.81M), Seed Oils ($4.18M), and Other Domestic Electric Housewares ($2.54M). During the last 5 years the exports of Bosnia and Herzegovina to United Arab Emirates have increased at an annualized rate of 5.46%, from $27.2M in 2023 to $35.5M in 2018.

Exports from United Arab Emirates (Flag) to Bosnia and Herzegovina (Flag) (2023)

Exports from Bosnia and Herzegovina (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Bosnia and Herzegovina (Flag)

United Arab Emirates Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Bosnia and Herzegovina
Top DestinationGermany$1.48B

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

In 2023, countries that imported more from United Arab Emirates than Bosnia and Herzegovina included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, countries that imported more from Bosnia and Herzegovina than United Arab Emirates included Croatia ($1.39B), Serbia ($1.18B), and Austria ($996M).

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

Comparative Advantage United Arab Emirates - Bosnia and Herzegovina

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Bosnia and Herzegovina in the exports of Metals ($37.6M), Plastics and Rubbers ($5.33M), and Chemical Products ($2.8M).

During 2018, Bosnia and Herzegovina had a large net trade with United Arab Emirates in the exports of Wood Products ($7.97M), Machines ($6.54M), and Animal and Vegetable Bi-Products ($4.58M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Bosnia and Herzegovina+$2.03MRefined Petroleum
Top Product Potential Bosnia and Herzegovina United Arab Emirates+$971kCentrifuges

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 United Arab Emirates and Bosnia and Herzegovina. This means that a dot/product with the flag of United Arab Emirates 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 Arab Emirates.

Product Space of United Arab Emirates (Flag) and Bosnia and Herzegovina (Flag) (2023)

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