2022
Flag  
GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
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GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC 
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186

About

United Arab Emirates-Bosnia and Herzegovina Trade: In 2022, United Arab Emirates exported $71.6M to Bosnia and Herzegovina. The main products that United Arab Emirates exported to Bosnia and Herzegovina were Raw Aluminium ($49.9M), Aluminium Wire ($7.09M), and Propylene Polymers ($5.76M). Over the past 5 years the exports of United Arab Emirates to Bosnia and Herzegovina have increased at an annualized rate of 50.5%, from $9.28M in 2017 to $71.6M in 2022.

In 2022, United Arab Emirates did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-United Arab Emirates Trade: In 2022, Bosnia and Herzegovina exported $27.8M to United Arab Emirates. The main products that Bosnia and Herzegovina exported to United Arab Emirates were Sawn Wood ($6.5M), Other Domestic Electric Housewares ($3.79M), and Tobacco Processing Machines ($2.25M). Over the past 5 years the exports of Bosnia and Herzegovina to United Arab Emirates have increased at an annualized rate of 1.23%,  from $26.2M in 2017 to $27.8M in 2022.

In 2022, Bosnia and Herzegovina did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $71.6M to Bosnia and Herzegovina. The main products exported from United Arab Emirates to Bosnia and Herzegovina were Raw Aluminium ($49.9M), Aluminium Wire ($7.09M), and Propylene Polymers ($5.76M). During the last 5 years the exports of United Arab Emirates to Bosnia and Herzegovina have increased at an annualized rate of 50.5%, from $9.28M in 2017 to $71.6M in 2022.

In 2017, Bosnia and Herzegovina exported $27.8M to United Arab Emirates. The main products exported from Bosnia and Herzegovina to United Arab Emirates were Sawn Wood ($6.5M), Other Domestic Electric Housewares ($3.79M), and Tobacco Processing Machines ($2.25M). During the last 5 years the exports of Bosnia and Herzegovina to United Arab Emirates have increased at an annualized rate of 1.23%, from $26.2M in 2022 to $27.8M in 2017.

Exports from United Arab Emirates (Flag) to Bosnia and Herzegovina (Flag) (2022)

Exports from Bosnia and Herzegovina (Flag) to United Arab Emirates (Flag) (2022)

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 Destination
India$51B
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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 2022, countries that imported more from United Arab Emirates than Bosnia and Herzegovina included India ($51B), Japan ($40.9B), and China ($32.5B).

In 2022, countries that imported more from Bosnia and Herzegovina than United Arab Emirates included Croatia ($1.47B), Serbia ($1.35B), and Austria ($942M).

Difference in imports from Bosnia and Herzegovina (Flag) and United Arab Emirates (Flag) (2022)

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 2022, United Arab Emirates had a large net trade with Bosnia and Herzegovina in the exports of Metals ($59M), Plastics and Rubbers ($5.78M), and Machines ($5.17M).

During 2017, Bosnia and Herzegovina had a large net trade with United Arab Emirates in the exports of Machines ($7.71M), Wood Products ($6.79M), and Chemical Products ($3.62M).

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) (2022)

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