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2022
Flag → Flag
Exports $3.66MRnk 63 / 162
2022
Flag → Flag
Top Product $1.51MPrefabricated Buildings
2022
Flag → Flag
Exports $3.96MRnk 100 / 188
2022
Flag → Flag
Top Product $970kProcessed Fish
2022
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Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
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GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
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GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
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 GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
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GDP PC $7,585CURRENT US$
Rnk 88 / 186
2012-2022
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GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186
2022
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GDP PC$28,333CURRENT US$
Rnk 41 / 186
2012-2022
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GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186

About

Bosnia and Herzegovina-Estonia Trade: In 2022, Bosnia and Herzegovina exported $3.66M to Estonia. The main products that Bosnia and Herzegovina exported to Estonia were Prefabricated Buildings ($1.51M), Detonating Fuses ($979k), and Veneer Sheets ($202k). Over the past 5 years the exports of Bosnia and Herzegovina to Estonia have increased at an annualized rate of 11.9%, from $2.09M in 2017 to $3.66M in 2022.

In 2019, Bosnia and Herzegovina exported services to Estonia worth $1.01M, with Travel ($672k) and Transportation ($336k) being the largest in terms of value.

Estonia-Bosnia and Herzegovina Trade: In 2022, Estonia exported $3.96M to Bosnia and Herzegovina. The main products that Estonia exported to Bosnia and Herzegovina were Processed Fish ($970k), Telephones ($614k), and Cars ($482k). Over the past 5 years the exports of Estonia to Bosnia and Herzegovina have increased at an annualized rate of 8.98%,  from $2.57M in 2017 to $3.96M in 2022.

In 2022, Estonia 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $3.66M to Estonia. The main products exported from Bosnia and Herzegovina to Estonia were Prefabricated Buildings ($1.51M), Detonating Fuses ($979k), and Veneer Sheets ($202k). During the last 5 years the exports of Bosnia and Herzegovina to Estonia have increased at an annualized rate of 11.9%, from $2.09M in 2017 to $3.66M in 2022.

In 2017, Estonia exported $3.96M to Bosnia and Herzegovina. The main products exported from Estonia to Bosnia and Herzegovina were Processed Fish ($970k), Telephones ($614k), and Cars ($482k). During the last 5 years the exports of Estonia to Bosnia and Herzegovina have increased at an annualized rate of 8.98%, from $2.57M in 2022 to $3.96M in 2017.

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

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

Latest Data

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

Bosnia and Herzegovina Exports

Estonia Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationCroatia$1.47B
Estonia
Top DestinationFinland$3B

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

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

In 2022, countries that imported more from Estonia than Bosnia and Herzegovina included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Bosnia and Herzegovina - Estonia

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Estonia in the exports of Miscellaneous ($1.66M), Chemical Products ($982k), and Wood Products ($305k).

During 2017, Estonia had a large net trade with Bosnia and Herzegovina in the exports of Foodstuffs ($1.22M), Machines ($812k), and Transportation ($535k).

Economic Complexity

Competitive Landscape

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

Product Space of Bosnia and Herzegovina (Flag) and Estonia (Flag) (2022)

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